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A new report by ANZ bank predicts that property prices will rise by an eye-watering 17% in 2021, and a further 6% in 2022. That’s 23% over two years, almost unprecedented in modern history. But is this dramatic forecast really accurate? And if it is, what does that mean for buyers and sellers of property…
For many Australians, the quarterly energy bill is one of the biggest — and most vital — household expenses. That’s why it’s worth spending some time checking that you’ve got the best deal possible. While price is the primary consideration for most people, it’s not the only one. Is your energy provider reliable, and helpful…
In real estate parlance, a fixer-upper is an older home in need of some serious work. They’re the ones with ‘potential’ and ‘renovator’s delight’ in the listing title. There are plenty of reasons why buying a fixer-upper has a lot of appeal. You may be able to buy it for under market value and add…
With international borders still closed, the lure of Australian holiday destinations is stronger than ever. No wonder, then, that more of us than ever are buying a holiday home. Buying a holiday home has a number of attractions. You’ll always be assured of a comfortable place to stay in your favourite destination. No more worrying…
Selling your home by auction has many advantages. It can create urgency on the part of the buyers and potentially drive up prices by appealing to their sense of competition. Auction contacts are also unconditional, so you get to set the terms and conditions. You don’t have to sell under your reserve price, but if…
Twenty years ago, Michelle Michell was driving along the Princes Highway in Sylvania with two girlfriends and saw a shop for lease. “It was a lovely, old-fashioned, classic Australian building. We had already decided we wanted to start a business together, but we didn’t know what it should be. When we saw the shop, we…
The property market is on fire, and it’s only going to heat up from here. Property data firm CoreLogic [https://www.corelogic.com.au/news/over-2000-homes-taken-auction-across-combined-capital-cities] has been tracking auction clearance rates, which are at highs not seen since 2015. Last week’s clearance rate was at 84.4%, slightly down from 86.1% the week before. Final figures were 77.1%, compared to 72.7%…
Sick of searching through your wardrobe hoping to find something to wear? If you’re like a lot of us, chances are good that you only wear a small percentage of the clothes you own. The others are too small, too faded, too old fashioned. All they do is take up space. Having too many clothes…
2020, as we all know, was a hard year but just as new growth is springing up from the site of last year’s bushfires, opportunities have come from the seismic shifts of the COVID-19 pandemic. Regional Australia has been the biggest winner. An REA Insights report has found two main trends that have driven strong…
For first home buyers, getting that all important home loan can feel like you’re at a job interview. Lenders will ask you about your spending habits, your credit score and your employment history to help them decide if you’ll be a responsible borrower. But just like a job interview, remember that it’s not all one…