As announced by Premier Daniel Andrews last week, the easing of lockdown restrictions in Regional Victoria, sees house inspections and auctions resuming once again for them. Unfortunately, Greater Shepparton must remain patient for a little while longer as outlined in a recent article by Nathan Mawby. This is welcome news for Regional Victoria's property market as well as for buyers, sellers, …
Property inspections return as Melbourne eases restrictions slightly
As Victoria closes in on its first dose vaccination target of 70 per cent, Premier Daniel Andrews has advised of some easing of restrictions in metropolitan Melbourne as of 11:59pm Friday 17 September. Of significant importance to the real estate industry, is that inspections will resume by appointment only. To ensure they’re COVIDSafe, only people from the same household can attend the …
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Is your investment property pet-proofed? Find out the simple ways to protect your investment.
Caring for a pet is a popular lifestyle choice for many Australians - and that includes those who rent a property. However, when you're the owner of a rental property, its understandable to feel a bit anxious about the impact pets might have on your investment. In this article, I'll outline some of the most effective ways to ensure your property is 'pet proofed'. To begin with, it's important …
2022 school zone changes set to deliver property value increases to swathes of homeowners
Changes to school zones in 2022 are set to bring substantial increases to the value of homes that are suddenly cast into sought-after zones. While most school zones will remain unchanged, a number of them will be realigned to accommodate the "14 new schools and campuses opening next year, as well as changes in enrolment demand". These new schools are part of the State government's 100 New …
Building a more sustainable home – where should you start?
Building or renovating a property has always involved a lot of decision-making. Aesthetics, functionality, and return on investment have traditionally been key considerations for anyone planning to build or upgrade their home. However, factoring sustainability into building design is a more recent trend - and it's important to know where to start. A good way of thinking about …
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Restrictions are back for real estate as Melbourne enters it’s sixth lockdown
After one week of eased restrictions, Melbourne residents are facing another lockdown going into this weekend. This means that the restrictions which applied to real estate services in our fifth lockdown have been reimposed. This will no doubt have an impact on the plans of buyers and sellers over the next 7 days - and particularly this weekend. Two of the most wide-reaching restrictions for …
Live auctions and property inspections return as Victoria eases restrictions
This morning Premier Daniel Andrews announced that restrictions will ease across Victoria at 11:59PM tonight. This is incredibly welcome news for Melbourne's real estate sector, which has been unable to conduct live auctions or property inspections for two weekends in a row. The latest table of restrictions for the State includes the following rules for real estate services: auctions are …
The resilience of Australia’s housing market since the arrival of the pandemic
The effects of the pandemic on Australia's housing market has been relatively benign, as outlined in a report released this month by CoreLogic. Focusing particularly on Sydney and Melbourne, our two largest real estate markets, the report reveals that we've weathered the pandemic exceedingly well. Key factors that have underpinned this success include: CoreLogic's research shows that …
New restrictions for real estate as Melbourne enters it’s fifth lockdown
Melburnians may well feel as though their head is spinning with the reintroduction of stage 4 restrictions yesterday. After all, it's been a mere 7 weeks since the previous snap lockdown. However, having recently emerged Victori-ous from a lockdown involving the Delta variant, we should be confident that we will do the same this time around. Certainly, anyone seeking to buy or sell property …
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Price cap increases from July 1st for eligible first home buyers and single parents
The 2021/22 fiscal year is now underway and that means that many government programs and initiatives have been given the green light to go ahead. For anyone seeking to enter the property market, some welcome news is that price caps for homes bought under the First Home Loan Deposit Scheme, New Home Guarantee, or Family Home Guarantee have increased from July 1st 2021. In Melbourne and …
