There are currently some major infrastructure projects in the pipeline for Victoria. Exciting times! The Suburban Rail Loop will incorporate 90 kilometres of railway line and a number of new train stations. It will mean significant changes in relation to commuting times and accessibility to Greater Melbourne and to Melbourne Airport (finally!). Read about this project here. The other …
House prices set to increase by over 20% in the next 12 months
Despite the continued disruption of COVID-19 on the property market, house prices are set to increase by more than 20% over the next 12 months. This is the tip from the ANZ as reported by Kate Burke in a recent Domain article. This trend is expected to be encompass most States notwithstanding the lengthy periods of lockdown, particularly experienced both in Melbourne and Sydney. …
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We love our happy clients
We love it when we help our clients realise their hopes of purchasing a home they have fall in love with. When we met Mirella and Craig, they had been on the hunt for a home for four years. Yes, four long years!! They had become disheartened that they would never find their dream family home, not to mention they were fed up with Real Estate Agents and completely exhausted from spending …
Planning to buy a property? Make sure you know the hidden costs.
For first homebuyers in particular, it's easy to overlook some of the associated costs of buying a property. While most people have heard of stamp duty, there are a number of other costs that need to be taken into account when purchasing a home. Besides the unavoidable cost of stamp duty, buyers need to budget for many, if not all, of the following: conveyancing and legal fees …
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How Victoria’s 7-day snap lockdown will affect the real estate sector
As announced by Victoria's Acting Premier James Merlino this morning, the state will commence a 7-day lockdown at midnight tonight. With auctions and property inspections scheduled across Victoria, this news will undoubtedly have a significant impact on the real estate sector. The updated COVID-19 restrictions give Victorians only 5 reasons to leave the home. Understandably, on-site …
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What is a Buyer’s Advocate? Your Questions Answered.
Have you heard of a Buyer's Advocate before? Are you still unsure about what we do for people seeking to buy property? Relax. Your questions are about to be answered. If you've still got any lingering questions by the end of this article, I'll gladly answer them for you. Just send them my way! What is a Buyer's Advocate? A Buyers Advocate, also called a Buyers Agent, is a licensed professional …
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Buyers seeking to get a foothold in the property market need to be wary of bypassing expert assistance
. In the context of Australia's booming 2021 property market, it wasn't surprising to read this article by Yara Murray-Atfield on ABC News this morning, which explains how a Melbourne couple turned to social media out of frustration with the competition among home buyers. While these particular buyers eventually bought a property through a real estate agent, they admit to remaining in favour …
Strata title vs company title – do you know the difference?
. In 1961 - a full six decades ago now - strata title was introduced to Australia, beginning in New South Wales. Today, strata title is by far the most common type of property title covering apartment blocks and unit properties. This may lead some buyers to think that strata title is the only type of title covering apartments and units. However, that's not the case. When it comes to …
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Stamp duty waiver of up to 50% for home buyers until 30 June 2021
If you're in the market to purchase a new or existing property in 2021, you should know about the stamp duty waiver announced by the State Government in its November 2020 budget. The key information you need to know: The Victorian Government has announced a land transfer (stamp) duty waiver for purchases of Victorian residential property with a dutiable value of up to $1 million. …
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Selling Your Home? Make sure you remove these deal breakers
Sellng a home these days means you need to be on trend and clutter free with your interior design. Your goal should always be to have the buyer picture him or herself living in their new home - your home! Decluttering is vital, to ensure that any prospective buyer can visualise themselves living in the space. A declutter can include removing bulky appliances, any personal items and ensuring …
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