Time to buy in Mudgee is NOW!

sold-by-the-property-shop-mudgeeThis is the perfect time to become an investor in Mudgee and Mudgee agency, The Property Shop, explains why.

Thinking of buying an investment property or adding to a portfolio you’ve already launched?
There’s a five word answer to such thoughts: “This is the ideal time!”
In fact there are so many signs pointing investors in that direction that it’s possible to list only a few of the main ones. Continue reading Time to buy in Mudgee is NOW!

Organising your rental property inspections just got easier!

Been looking to rent and you’re already tired of having to organise your day of property inspections week after week? Frustrated that they’re all open at the same time with not enough time to get from one to another and you don’t know how to get there?

Well, it all just got easier with the Inspection Planner from Domain.com.au Continue reading Organising your rental property inspections just got easier!

Life – and mortgage – is as expensive as you think

If you think your cost of living is rising faster than what official figures seem to say, you are probably right.

Living cost indices published by the Bureau of Statistics yesterday show the increases facing working families, age pension households and welfare beneficiaries have all outpaced the consumer price index.

In the year just gone, working households faced extra costs of 4.5 per cent, aged pensioners 3.1 per cent and welfare recipients 4.5 per cent. The CPI grew 2.7 per cent. Continue reading Life – and mortgage – is as expensive as you think

Crime and property prices

Would you live in a house where a terrible crime had taken place? Or in a street that is known to be dodgy?

Intuitively, there should be a pretty substantial link between crime rates and property price, because who would want to pay big bucks to live in a suburb where you need eyes in the back of your head to make sure your car doesn’t get stolen or your house broken into? Continue reading Crime and property prices

Home loans: to fix or not to fix?

Interest rates are on hold for now but economists expect the next move to be up.

Home buyers are turning to fixed-rate mortgages in response to the steady rise in interest rates last year and predictions that rates will go higher this year.

Mortgage broker AFG publishes a monthly mortgage index, which shows that the proportion of fixed-rate mortgages increased from just 2 per cent of its total new lending at the start of last year to 3.4 per cent in July and then 12.6 per cent in December. Continue reading Home loans: to fix or not to fix?

It’s uphill from here on interest rates

Although RBA watchers agree the next move is up, they are divided over whether rates will head north this half or next.

Announcing yesterday’s widely expected interest rate reprieve, with the official cash rate kept on hold at 4.75 per cent, RBA governor Glenn Stevens said monetary policy was “appropriate in view of the general macroeconomic outlook”. Continue reading It’s uphill from here on interest rates

Preparing your property for sale this autumn

March, followed by May, is the busiest time of year for property sales and listings. If you are hoping to sell your property this autumn, you need to make it stand out from all the other listings.

By performing some simple cosmetic alterations you can vastly increase your property’s appeal to buyers. Take some of these tips on board and ride out the autumn sales boom in style. Continue reading Preparing your property for sale this autumn

Flood, fire, disaster – insurance for your property should be top of mind

In light of the recent tragic floods, many people, including myself, have looked at their insurance policy to see what they are covered for.

I can’t comment on what defines a “flood” or not…but I can give advice on what investors or homeowners should consider when taking out home insurance. Continue reading Flood, fire, disaster – insurance for your property should be top of mind

Get real estate news, property & finance information, home DIY tips & lifestyle ideas from the team at The Property Shop, Mudgee