Online lender loans.com.au has broken new ground with the launch of its ‘value pack’ that adds free property reports, financial planning, and a conveyancing voucher to its mortgages.
In short - yes. While homes of any age are susceptible to a termite infestation, a joint research project conducted by the CSIRO and the Forest and Wood Products Research and Development Council found that as a home ages, the probability of termites being discovered inside the property increases. This is a particularly important finding to keep in mind if you’re purchasing an older home.
The world famous Gold Coast stretches for 57km along the southern coast of Queensland to the NSW border. Comprised of a bustling metropolis backed by a beautiful hinterland to the west and gorgeous beaches to the east, the Gold Coast is Australia’s sixth largest city, and it’s thriving. There are a number of infrastructure projects underway, and the Gold Coast will also play host to the Commonwealth Games in 2018.
The combination of low interest rates and the expectation of further rate cuts in coming months has many experts predicting that residential real estate will continue to be an attractive investment opportunity in 2015.
Many Australians love the challenge of a good DIY project. More and more people are becoming inspired to tackle their own projects, likely thanks in part to popular renovation shows on television. In fact, according to the Westpac Renovation Report, there has been a 147% increase in the number of home renovation projects in Australia since 2010.
Buying your first property is certainly exciting. As it’s likely to be the biggest financial outlay you will make in your lifetime, it’s important that you get it right to avoid any heartache and further expense in the future. Here are five tips to keep in mind, to help you avoid some of the common mistakes that people often make when purchasing their first property.
It’s no secret that rising prices across Australia are making it difficult for many people to afford property. One solution that some people are turning to is pooling their resources together with friends in order to buy. While this seems like a wonderful idea in theory, there are several things you need to consider.
The number of properties being sold at auction is on the rise, with many Australians buying their homes and investment properties this way. This is supported by the latest figures from CoreLogic RP Data, which show 85,108 properties have gone under the hammer so far this year, an increase of 21.7% when compared to last year.
Newcastle is located on the NSW coast, approximately 153 km north of Sydney. With a population of around 150,000, Newcastle boasts the amenities of a large city centre, while maintaining the charm of a small town. Newcastle without a doubt is an attractive and desirable place to live, flanked by the Tasman Sea to the east and the Hunter River to the west. It also boasts the honour of being voted as one of 10 top cities in the world in the Lonely Planet Best in Travel Guide for 2011.
Arranging professional building and pest inspections is an essential step when buying a new property. It’s important to understand the difference between these inspections –something which is commonly misunderstood.