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Unprecedented high for Sydney real estate reflects the state of the nation

Record highs for Sydney property values are great news for the real estate industry but challenging for potential buyers. Reports last week indicate that the 5.7 per cent rise in Sydney home values exceeds previous peak levels. The latest results derive from a CoreLogic capital city growth index, which found all cities’ property values were...

Regional values boom as top-end property drives rise in capital cities

Housing in regional markets may have outperformed their city cousins in annual price rises for the first time since 2004, but results in the prestige market are also helping restore confidence. The surge in “high end” prices highlighted by CoreLogic shows the top 25 per cent of property values for Australia’s combined capital cities increased...

The rights and obligations of landlord and tenant

The landlord/tenant dynamic is rarely smooth, even at its best.  But the COVID-related rental freezes in 2020 further divided relations and opinion. Getting back to basics Simple reminders often stem potentially complicated situations.  Entering into the contractual commitment of a residential or commercial lease is a legally binding agreement under which both parties comply with...

What is the difference between an appraisal and a property valuation?

Both appraisals and valuations are methods used to help determine the market value of the property you are wishing to sell. Before deciding on whether you want to have an appraisal or a property valuation it is important to understand how both of them work to determine which process will be most beneficial. What is...

How long does selling a house really take?

Selling a home is a long process, from preparing the house for sale, getting photos taken, advertising and then sometimes seemingly endless open homes. If you are considering selling read ahead to find out more about how long the process takes and what factors can impact how quickly you can sell. How is the market...

Four tips for property investors

Investing in property for the first time can feel daunting. If you make the right choice, your investment property can provide you with a second income stream for life. Poor decisions, on the other hand, might see you taking on overheads that you can’t manage without stress. Before you sign on the dotted line, here...

Inspecting homes in 2021

With some property inspections subject to social distancing restrictions, inspecting homes for sale or for rent is taking on a new life. If you haven’t attended an inspection recently, here are some of the ways we are all adapting to inspecting properties in 2021.  Virtual inspections  Virtual inspections are a great way to help expedite...

What to expect at your first auction

Your very first auction can be quite a confronting and confusing moment if you’re not entirely sure what you’re in for. There are a few things to note and look out for, but most importantly you want to take in what’s happening at this auction, so you can be more prepared for the next one....

What are buyer’s agents?

What is a buyer’s agent and what benefits can they offer you as a homebuyer? In very broad terms, buyer’s agents are licensed professionals who search, evaluate and negotiate the purchase of property on your behalf. Just like a real estate agent advocating for the seller, a buyer’s agent advocates for the buyer. There are...

Property investment jargons explained

Getting your head around the ins and outs of property investment isn’t easy, especially with all those head-scratching terms you hear in the business. But never fear! Here’s a list in “plain English” list to help you find your way around all these jargons. Cash flow A positive cash flow is one in which the...