The 2018 Budget will bring many changes for property buyers and sellers. Some of the new changes tabled in the May Budget will likely have an indirect effect on both the residential and commercial property sectors.
The Budget will more than likely mean that interest rates will not be an issue, as the President of the Real Estate Institute of Australia Malcolm Gunning says: “This expected interest rate stability comes at a time when housing prices in some of our major cities are showing signs of easing, leading to improved affordability for first homebuyers.”Read More
Selling is not always a certainty at auction. In NSW and VIC for example, around 25% of all auctioned properties are passed in (according to realestate.com.au).
What does this mean for the vendors and prospective buyers if no one wins the auction?Read More
If your apartment is looking a bit tired but you think renovations will be difficult – not to mention expensive – you might be surprised at how easy it is to give a small space a big makeover.
Whether you’re preparing to sell or rent your property, or you just feel like a fresh look, renovating an apartment can be rewarding. Apartments and units generally have smaller spaces than houses, so a revamp is your chance to think creatively.
We’re not talking major work here – external changes or major structural work.Read More
The warmer spring weather inspires owners to put their properties on the market, which makes the season highly competitive.
This article focuses on the 5 top tips to help you sell your property this spring.Read More
The property market is dynamic, with trends changing from week to week. Here’s what people are talking about right now.
International buyers continue to have strong interest in local markets, with many real estate agents actively courting overseas buyers to purchase high-end properties.
According to the Foreign Investment Review Board, approvals for foreign investment in real estate increased by 57% in 2014-15.Read More