Buying or selling a home can be complex and time-consuming. Even before you make the ‘big decisions’ about which property to buy, which home loan to select, or which agent you engage to sell your home, you have other important decisions to make. You are more likely to make the right choices and avoid expensive mistakes by doing your research. Use our articles from leading experts whether you are buying or selling a home to prepare for this big step.
In an eye-opening analysis, Sydney’s inner west, eastern suburbs, and northern beaches emerge as the most challenging markets for homebuyers in Australia. Astonishingly, a mere 0.3% of the total homes in these areas are available for purchase. This insight comes from Louis Christopher, the managing director of SQM Research, who noted a staggering 30% drop…
In 2023, the Australian property market witnessed a distinctive shift, as homeowners and investors navigated the changing financial landscape. According to PEXA’s latest Mortgage Insights Report, the total amount borrowed for property purchases across Australia was $300.9 billion, marking a 12.7% decrease from the previous year. This trend reflects the dual impact of rising interest…
Australia has entered a new phase of the property cycle – the recovery phase, something that doesn’t happen very often. Markets have begun to shift and prices adjust at a time when many property owners are battling steep interest rate rises, high inflation, and low consumer sentiment. For example, the rising cost of living and…
Buying an investment property can be both an exciting and stressful time. Ultimately, choosing the right investment property comes down to your investment plan, but also knowing how much you can afford and understanding what is available to buy. This is especially the case at a time when property stock is low and prices, although…
Are real estate agents honest, do they bend the truth or are they just trying to do the job without being sued? Have you ever wondered why real estate agents have consistently had a bad reputation? In my experience of working with many different real estate agents, I have come across the good the bad…
It takes a lot of time and research to buy the right investment property for your portfolio, not to mention the added stress of questioning if the seller has disclosed information that may affect the sale price or whether they have tried to ‘pull the wool over your eyes’. Fortunately, for buyers, there is a…
Unfortunately, not all properties sell the first time they’re listed for sale, even in a hot market. Those that do sell can go pretty quickly, while those that don’t can languish on the “for sale” register of selling agents for some time. Around 20% to 30% of properties fail to find a buyer. Whatever the…
You often hear about buyers being gazumped or struggling to get the right information from the real estate agent to even be able to submit an offer. And how about the sellers who don’t even trust their own real estate agent enough to take their advice? These stories, and the many other grey areas surrounding real…
There is a debate in the world about the usefulness and alleged obscene amounts of money earned by some professions. It’s widely acknowledged that real estate agents are not the most trusted professions in Australia. A recent Roy Morgan survey revealed that just 5% of Australians trust real estate agents, (down 2%) all hitting new…
When you make your offer on a property there are a few things to keep in mind to give you the upper hand in the negotiation. These are just as important in the current market as they were during the times of the property booms. So, let’s look at some tactics that should help you….
