Planning, research and good management will help you enjoy your investment.
The purchase of your first investment property marks an exciting new financial phase in your life.
It may also cause some butterflies as you venture into this unfamiliar territory.
As with any first-time venture, you may well encounter some problems but here are some tips that should help you avoid, or at least reduce, some of the issues associated with being a landlord. Continue reading Top tips for first-time property investors →
With many off-the-plan developments taking years to complete, buyers might want to reconsider how much deposit they put down on a flat they won’t occupy for a long time.
Under the Sale of Land Act, a deposit cannot exceed 10 per cent of the purchase price of an OTP unit but that doesn’t mean the deposit must be the full 10 per cent. Continue reading Make money while waiting →
When you can tick all the boxes, you can rest easy that your home is ready for sale.
There’s nothing like a list to provide motivation.
And when you’re about to sell a home, you need that list more than ever to get things done and give your home that special “Wow!” factor before propective buyers start knocking at your door. Continue reading The Final Checklist →
Moving to a far-flung location can seem like a great idea at the time. Many people consider the impact that such a move will have on jobs, what style / price of house they can get and just how lovely the lifestyle will be.
But then there’s the friends and family factor. Just how hard is it to replace? Those connections that we take for granted, the drop-in chats that family and old friends can comfortably do.
Depending on your stage of life, it’s an issue that can hit home hard. When you are young and can make the move easily with a bag on your back is the time it’s probably easiest to make new friends too. Continue reading Moving is hard to do →
A getaway shack by the sea sounds good but sometimes the numbers don’t stack up.
It’s that time of year again when Australians flock to the coast for much needed rest and recreation.
Seduced by the lifestyle, many will dream of buying a holiday home in their special magical spot – a place they can call their own.
For some the reality will measure up but for others it could turn into a financial headache.
Continue reading Holiday homes – bliss or burden? →
Top selling tips to win a sale
Many so called experts will tell you the Christmas-New Year period is not a strong period in the real estate market. Sure, real estate is not on everyone’s mind at this time of year, but all you need is just one buyer.
Consider that the Christmas-New Year break is actually our longest holiday period and as such it affords the best opportunities for buyers to travel and investigate their property options, particularly those who are being transferred into your area.
Of course, if you’re in a position where you have to sell, then it makes no difference to you what time of the year it is. And if you’re selling a well located holiday or investment property then there’s no better time to sell it than when holidaying visitors are in your neighbourhood.
The bottom line is that there are still buyers in the market at Christmas and it is only at this time of year that they have the time to spend looking at properties. Continue reading Selling at Christmas →
Agency’s marketing skills result in speedy sale at excellent price
Strong marketing skills led to instant success with the sale of this Mudgee home. 11 Bateman Avenue went on the market with a listed price of $479,000 and sold after only one day. Continue reading Express sale for Mudgee →
The best investment opportunities can often be found right in your own backyard.
That’s the view of The Property Shop’s principal, Hugh Bateman, who believes the Mudgee region is one of the most under-rated property markets in New South Wales. Continue reading Invest in your own backyard →