by Richard Wakelin
Winter has truly arrived in much of Australia in recent days. With the onslaught of cold and wet, it would be hibernation weather were modern-day humans allowed to do such a thing.
Although that’s not an option for us, the property market does tend to go into a burrow until spring. In June and July, auction volumes across Australia are typically below half that seen in autumn and just a third of the numbers reported in the peak selling season, which is October through to early December.
Property Professor Peter Koulizos explains why Autumn could be the best time to sell your home.
Spring time was considered the best time to sell as the football season was over and more people would attend weekend home opens. Spring time is also a great time to have the garden looking wonderful as the weather is getting better.
The problem with selling in the Spring is if everyone else thinks that this is a good time to sell, they too will put their property on their market, thus increasing supply and possibly dampening demand.
Smart investors have a small window of opportunity to nab festive-season property bargains, says a leading market commentator.
CPREA (Certified Practicing Real Estate Agents) chairman Geoff Baldwin said whilst there is no doubt that the market has slowed as we approach Christmas, there is now a “short but attractive opportunity for property buyers to negotiate harder and save thousands”. Continue reading Property buyers could save thousands before Christmas→
There’s nothing more exciting than buying your first investment property and getting that first slip from your property manager to show your rent coming in. However, rental income is just the start. Around tax time, there are even more ways to help you pay off your investment – and one of those is by getting a property depreciation schedule that you can claim on tax. Continue reading Don’t forget to claim Depreciation→
It falls during the first month of summer, which provides a bright, cheerful and sunny setting for the home. This, combined with holiday cheer, can make your home seem extra inviting.
Home Staging is all about highlighting your home’s strengths and appeal to the greatest possible pool of prospective buyers.
You don’t want to lose prospective buyers who arrive at a viewing, only to witness a Christmas explosion. So put away the Christmas tablecloths, dish towels, snowman candles and tinsel hanging over every window.
In what many believe will be the Gillard government’s last budget, there were winners and losers, but you had to look hard to find anything that will affect the average person’s back pocket when it comes to buying and selling real estate.
Although there were no big surprises, considering it is an election year and one might have thought Treasurer Wayne Swan would throw in a few sweeteners to keep voters happy, very few sectors in the property life cycle will gain this year. Continue reading Federal Budget 2013: what’s in it for property?→
RP Data has released their list of cheapest suburbs to buy a property around Australia, and there are some serious bargains to be had.
The 25 most affordable suburbs are geographically diverse. They are usually a long way from the CBD or nearest capital city, and have a lower socio-economic profile. Continue reading 25 best bets for bargain hunters→
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Property Professor Peter Koulizos explains why Autumn could be the best time to sell your home.
RP Data has released their list of cheapest suburbs to buy a property around Australia, and there are some serious bargains to be had.