Australia has long been one of the most expensive places in the world for buying a house. Now, it’s apparently also one of the costliest places to sell one. Recent reporting in the Guardian has raised concerns about the market dominance of Australia’s two main real estate advertising websites, realestate.com.au and Domain. Facing little competition,…
Buying your first home is a thrilling milestone, but it’s also a journey that can be filled with a mix of excitement, stress, and plenty of decisions. Whether you’re eager to get on the property ladder or you’re taking your time to find the perfect place, being prepared is key to making a smart investment….
It’s a common problem – how do you balance buying a home while selling the old one? If it’s your own home that you’re putting on the market, the stakes are even higher. You don’t want to be paying two mortgages, but you don’t want to be without a roof over your head either. In…
Whether you have one or two investment properties or a big and complex portfolio, the fact is, you’ve gone into the property game with a clear goal in mind: to make money. Sometimes, for a range of reasons, you may make the decision to sell one of your investment properties. When it comes time to…
We’re in a hot property market at present, with more buyers looking to buy good properties than there are dwellings on the market, and selling agents are being overwhelmed with buyer demand, so how do you get a real estate agent on your side? Remember, the real estate agent works for the seller, and they’re…
It is the beginning of a new year – a time when many people are planning to take advantage of the property markets to buy their first home or investment property. But the many mixed messages about our economy and housing markets have many first-time investors concerned. They don’t want to make a mistake -…
When selling our home we all want the best price possible, while the buyer is usually after the best deal they can get. However, in the end, most houses sell for what I would call fair market value — the price a willing buyer will pay, and a keen seller will accept, given that neither…
When I bought my first house, I bawled my eyes out, but it wasn’t because I was overjoyed, and it wasn’t because I was terrified to be taking on a big mortgage. Both of those things were true. But I cried for another reason entirely. Stamp duty. No one had warned me about stamp duty….
Beachside towns in New South Wales and Victoria have seen house prices drop by up to $108,000 in the past year as lockdown-driven demand slows down, according to a recent article from View. Coastal areas in Victoria’s Gippsland and Warrnambool regions have experienced the steepest falls in Australia since May last year. Suburbs such as…
You’d think by all of the media coverage on low interest rates and strengthening property markets that lending was equally as shiny at the moment. Sure, it is much better than it was a year or two ago, when lending was restricted, mainly because of stringent policies instigated by APRA (Australian Prudential Regulatory Authority). These…
