Four renovating lessons from The Block

The Block was  a hugely popular TV show last year. Three grueling months of sleeplessness and renovations paid off handsomely for the four couples who, on the face of it, sold their terraces for substantial profits. This will no doubt encourage a new generation of property investors to turn their hands to renovation. But did…

The pluses & pitfalls of DIY renovations

Have you considered renovating your investment property to increase your returns? one of  his columns in Switzer last year,  John McGrath gave an interesting take on the advantages and challenges of DIY renovation. He makes some interesting points I hadn’t heard discussed in this context before, so here’s what he said… Countless TV renovation shows and magazine articles…

Borrowers avoid refinancing to renovate homes

The best way to finance renovations is often debatable. A new study by comparison website shows that Australians find it too difficult to fund their renovations using the equity in their mortgage. The survey of more than 1,000 homeowners commissioned found that the vast majority (90 percent) have never refinanced their home to renovate. Out of those who haven’t…

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