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A property transaction is like a big machine, with many moving parts that do different things but should each spin in harmony to get the job done. There’s the real estate agent, responsible for handling the sale of the property. Sometimes there’s a buyer’s agent, who represents the person buying the property. There are lawyers…

Even though interest rates are up, fewer homes are being sold for less than their asking price in 2023, just another indicator of the strength of  housing markets. However, when you look at data from PropTrack, you’ll see that the extent of price reductions by sellers (the difference between the asking and sold prices) varies…

Have you been trying to find your dream home? At times it can feel like trying to find a needle in a haystack, can’t it? It’s difficult enough as an investor, but when buying a home there is an additional layer of complexity – emotion! I know that was the case for one of our…

Heritage conservation has been blamed for making the housing crisis worse by standing in the way of new, higher-density housing. But protecting heritage and increasing housing should be complementary objectives. Heritage suffers when not enjoyed by our growing communities. Housing suffers when not shaped by our communal heritage. YIMBYs and NIMBYs are usually on opposing…

Cross-collateralisation is an important loan structuring issue of which many property investors are not aware. Knowing the implications of cross-collateralisation is crucial to developing a long-term property investment portfolio. What is cross-collateralisation? Cross-collateralisation occurs when more than one property is used to secure a loan or multiple loans. For example, a person owns Property A and wants…

Australia’s property market is moving onto the next phase of the cycle, but issues with scarce supply continue to strain the market. It’s not good news then that new data has revealed that homeowners are holding onto their properties for longer than ever before, only exacerbating an already tight market. A recent analysis of PropTrack…

Which Victoria suburbs are next to boom? Well, according to REA Insights, Dromana on the Mornington Peninsula has been identified as the Melbourne suburb to watch, with its beachside lifestyle, relative affordability and proximity to the city proving a winning formula with families. Its top features include pristine beaches and close proximity to Melbourne. According…

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