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Category Archive for 'Local News'

Successful Styling

Property styling, or staging as it is sometimes called, is a vital part of real estate marketing. Its purpose is to maximise a property’s value and appeal at sale time. Owners and agents are increasingly using the services of professional property stylists to achieve remarkable results. A successful stylist will be adept at removing as […]

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The spring selling season is fast approaching and experience shows that vendors who invest in going that “extra mile” with presentation, especially in a tougher market, usually achieve a quicker sale and sometimes, a higher price. Property styling is one way to improve a home’s prospects for selling as fast as possible for the highest […]

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A few years ago, the push to install solar panels on the roof of our homes began. The initial set up costs were considerable but the environmental and financial benefits over the long term were promised to be significant. So how has the drive for us to switch to solar power faired? Well, according to […]

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An attractive backyard can initially entice tenants and add value to a rental property. However, care and maintenance of rental property landscaping can be a headache for property managers as well as the tenant. Low maintenance gardens are generally the best option. Hardscaping – The key to low maintenance landscaping is relying on fewer living […]

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According to the Real Estate Institute of Victoria, there’s not a huge difference in price growth between houses and apartments, although it’s not identical. Over the past ten years, median house prices have increased by over 100%, while median apartment prices increased by around 80%. The REIV graph below provides a great visual perspective. There […]

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Auctions started strongly in 2017 with 3,214 auctions held in February, the highest February on record. The local government areas of Glen Eira (179 auctions), Boroondara (162 auctions), Kingston (156 auctions) and Stonnington (153 auctions) had the highest number of auctions in February 2017, with all but Glen Eira reporting a clearance rate of over […]

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With the aim of improving housing affordability for first home buyers, the Victorian Government has announced several changes to stamp duty costs. From July 1 stamp duty will be entirely abolished for first home buyers purchasing a property valued below $600,000. Discounts will also be available for property purchases between $600,000 and $750,000 on a […]

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Interest only loans are becoming increasingly popular. ASIC data indicates that one in four owner-occupier loans in Australia is now interest only, and two out of three investment loans. With an interest-only loan, the lender issues a standard mortgage but agrees to a term in which the borrower pays only the interest, which means monthly […]

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If you’re in the market for a brand-new house or significant renovation, you should shop for your builder as carefully as you shop for your home. Here are some factors to consider to help you choose the right builder: Competency – Can your builder meet your every need from the beginning of the building process […]

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Most of us have moved home at some stage in our lives. And research shows that it can be extremely stressful, on par with divorce and bereavement for many people. Being organised and as efficient as possible will go a long way in reducing anxiety and stress. Here are 5 top tips for a hassle-free […]

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