The Ballarat property update

Regional living has received plenty of coverage from the Melbourne media during the COVID outbreak. Stories of “mass migration” to our major regional centres give the impression that the opportunities to either invest or be an owner-occupier are limited.  Besides Greater Geelong, Ballarat is our largest and closest major regional city. Ballarat offers excellent infrastructureContinue reading “The Ballarat property update”

Attention property investors! Ignore the new Residential Tenancies Act at your peril

Here’s an excellent summary published by the REIV on the Residential Tenancies Act changes we wanted to share with you written by Gil King, CEO, Real Estate Institute of Victoria The looming changes to the Residential Tenancies Act (RTA) in Victoria are significant, and it’s critical for landlords to get across them. Symbolic of theContinue reading “Attention property investors! Ignore the new Residential Tenancies Act at your peril”

Is it better to sell my investment property with or without tenants?

What are the pluses and concerns of selling your property with or without tenants?   Generally, a tenant does not present a property at the same level as a vacated or professionally styled property. This leaves the property owner to guesstimate if the loss of rent (possibly four to five months) will be surpassed with anContinue reading “Is it better to sell my investment property with or without tenants?”

What is an acceptable deposit when buying real estate today?

The Reserve Bank governor Michele Bullock has signalled the end of cheques approaching with COVID speeding up digital banking and hastening the decline of old fashioned paper payment methods. “The level of cheque usage has now fallen to such low levels that there is an active discussion about the future of the system.”  How can you pay aContinue reading “What is an acceptable deposit when buying real estate today?”

Some outstanding results in A Grade suburbs

A-grade properties tick all the boxes for their prospective buyers, and despite differing price points, the fundamentals underpinning the property’s value are still the same. Located close to shops, amenities and the local “village”, A-grade properties are found on good streets and never main or arterial roads. Usually, they also had an excellent aspect –Continue reading “Some outstanding results in A Grade suburbs”

Would you like to invest in property?

For most things requiring a great outcome, generally, a high level of planning is essential. When you consider that property is amongst the highest dollar value purchases for most people, it’s not something to take lightly. Whether you are starting or investing in another property, here’s our shortlist of essential considerations: What is it youContinue reading “Would you like to invest in property?”

Are you an Australian citizen living overseas and want to buy property in Australia?

An Australian couple living overseas recently asked us for advice about buying a property in Australia. They are confident, successful business people but haven’t purchased a property in Australia for some time and have been working overseas for a decade. They felt confident to make the purchase themselves but asked if there were any pitfallsContinue reading “Are you an Australian citizen living overseas and want to buy property in Australia?”

It’s a competitive real estate market – so be creative.

The supply of quality properties remains short and always a challenge to secure. We are still offered off-market homes that don’t even make it to a sales campaign; however, they are generally an off-market for a reason, and buyers will have to have their wits about them to succeed and not get caught up inContinue reading “It’s a competitive real estate market – so be creative.”

How the Real-estate industry is transforming

What a dramatic but positive transformation the real estate industry is going through! Rapid adjustment through COVID regulations and a malleable industry that is always looking for improvements has led to far greater efficiencies and transparency.  For example, let’s look at Auctions. Who would have thought the 4 week standard campaign could be reduced to only 3Continue reading “How the Real-estate industry is transforming”

A new build home vs. a period home

We are often asked by our family home buying clients “what is better to buy, a “new build” (modern) home or period home”?. It’s not easy to answer as no two clients have the same brief for their property search.  Clients generally fall into one of three categories. 1.A Modern Property: (no more than five years old)Continue reading “A new build home vs. a period home”