It is often said that the most important factor in successful real estate investing is – location, location, location. And in some respects that is correct. Though there are so many other factors that come in to what can affect real estate values – like supply and demand; unemployment; average incomes; proximity to infrastructure like…
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Partners of the CRC for Low Carbon Living’s Closing the Loop Project spoke about the knowledge gap at workshops held in conjunction with this year’s Green Cities conference. Head of knowledge and sustainability at HASSELL Brett Pollard said people aren’t taking advantage of the benefits of good design, despite the evidence and research available. “Ultimately if you…
Property investors across Australia remain optimistic about the real estate market with nearly one in two investors wanting to buy an investment property in the next 12 months. A survey of nearly 600 property investors across Australia by Momentum Wealth found that 45% of respondents said their main goal for the next year was to…
Sydney’s first Muji store opened in 2015 and with it came attractive minimalism, simplicity, and functionality – a kind of consumption that was somehow about consuming less. The Japanese retailer offering home-wares, furniture, clothing, and stationery describes its formation as the “antithesis to the habits of consumer society” and sells items that have undergone a “careful…
Apartment developers who delay construction works to invoke the sunset clause, cancelling the contract with their off the plan buyers, and then reselling at higher prices have recently undermined confidence in buying off the plan. But soon buyers will have greater protections under changes proposed by the Minister for Innovation and Better Regulation Victor Dominello.…
An increasing number of landlords are requesting agents take over the management of their rental properties after experiences with tenants who default on rent or who damage their property. Our member agents are reporting many instances where they are inheriting properties with requests from the owners to evict tenants or to chase up unpaid rent.…
New South Wales homeowners will have to pay around $160 a year in an emergency services property levy which will be introduced by the Baird government in a tax reform that claims it will actually save people money. Mike Baird, the New South Wales premier said that he estimated the move could see people save…
roperty investors have been urged to conduct an annual property portfolio review to make sure they are getting the most from their property investment. The financial services company Direct Property Network has posted a four stage procedure to ensure all portfolios are kept running like a “well-oiled machine”. ACCESS FURTHER EQUITY One of the most…
One of the life’s most stressful events is buying or selling your first home – it’s said to be up there with getting married. The REIQ offers several tips to first home buyers and sellers that will help you navigate one of life’s trickiest transactions with confidence and with a degree of certainty that you’ll…
Home loan approvals have soared to a seven-year high, suggesting there is plenty of life left in a cooling property market. The number of approvals rose 2.6 per cent in December to 58,552, while their value increased by 0.8 per cent to $33.5 billion. “December was an incredibly strong month,” Mortgage Choice chief executive John…