The process of choosing a new house can be as overwhelming as it is exciting. For the vast majority of us, it is not only the most expensive thing we will ever buy, it is a long-term financial commitment that we don't want to get wrong or regret. So here are some things to bear in mind.
Due diligence means taking all necessary precautions before you jump. Any prudent buyer of real estate wants to be certain that they're getting what they see at first glance: a well presented property free of faults and defects.
So you’ve done it, you’ve saved a deposit for your first home. Congratulations, now it's time to research the market and begin seriously looking for your first property. There’s just one problem. You have no idea where to start your search and what you should be looking for to ensure you get the best deal possible.
Relocating to a new home is considered one of life’s most stressful activities, not only is there the emotion of saying goodbye to your old home, but the logistics of packing and moving can be overwhelming.
A messy or decrepit property conveys negligence, and the last thing that you want when selling a house is to instil doubt into your prospective buyers. It is also well known that renovations can increase the value of your house in a significant way. A shrewd investor can make back their money many times over by spending a little time on reworking their property, but what if you just want to sell up quickly, without investing in major renovation work?
The influential wealth management firm Bank of America Merrill Lynch has just released a pretty grim forecast for the future of real estate prices across Australia.
It’s one of Australia’s most enduring public debates – Melbourne or Sydney?
The sunny harbor city of Sydney with its emerald water, white sandy beaches and iconic Opera House – or rainy, atmospheric Melbourne with its theatres, cafes, restaurants and bohemian style?
Australia’s real estate sector could be about to get even more competitive, with a major bank saying house price growth could be restricted to just 1% over the next two years.
Granny flats are springing up across the nation’s suburbs as property owners convert their backyards for more living space, additional income and generous tax deductions, say financial and construction specialists.
It’s a buyer’s headache, whether you’re purchasing your dream home or an investment property. Do you opt for the wow factor of a brand new house in an up-and-coming area, or the tried and tested property in an established suburb?