Costs To Be Aware Of When Buying Property

Financial preparation is one of the most important stages of buying real estate in Australia. Aside from using a home loan calculator to figure out how much you can afford to borrow, there are various other costs you will also need to factor in. Recent figures from the Australian Bureau of Statistics (ABS) showed that the average household spends around 16 per cent of its … read on

How Household Mould Affects Your Health & What You Can Do About It

Exposure to harmful agents inside the home can have profound effects on our health. After all, we spend an average of 16 hours a day at home – and even more when aged under 7 and over 64. Mould accumulates in damp and poorly ventilated buildings. Inhaling mould fragments or spores can inflame the airways, causing nasal congestion, wheezing, chest tightness, coughing and … read on

5 Nightmare Neighbours & How to Deal With Them

Gone are the days when everyone used to know their neighbours, but maybe that’s not such a bad thing? You can hand pick your friends – and you can be frank with your family – but it’s not always so easy with a problem neighbour. But it’s not all bad. With a little bit of communication and healthy dose of understanding, the neighbour of your nightmares could become the … read on

Interest Rates Steady at 2% but is There a Cut to Come?

There was no pre-Christmas gift for consumers from the Reserve Bank this month with the board keeping interest rates steady at 2% for yet another month. In what seemed a sure Melbourne Cup Day bet, economist predicted the RBA would make no move to change the official cash rate at this month’s board meeting. The decision follows a move by the big four banks to raise … read on

Underquoting Laws Pass Parliament; Agents Say They Are A ‘Knee-Jerk’ Reaction

From January 1, selling agents will no longer be able to give a rough, open-ended guide to a property’s sales price, thanks to new laws passed this week aimed at stamping out underquoting. Agents have dismissed the legislation as a knee-jerk reaction, saying the real scourge for Sydney buyers is not underquoting by agents but a booming property market. “It’s no … read on

How To Choose A Real Estate Agent

There are a number of decisions you need to make when selling your home – both financial and emotional. But one of the most important considerations when deciding to list your property is who is going to sell it for you. It doesn’t matter if you’re selling the family home, your first apartment or an investment property, choosing the right real estate agent is key to … read on

Underquoting Law Reforms Passed

The overhaul of underquoting laws will come into effect on 1 January 2016, after the bill passed the NSW Parliament yesterday (13 October 2015). The new laws will help clarify how agents should market properties, according to the Real Estate Institute of NSW. REINSW President Malcolm Gunning said the reforms were important for consumers and real estate agency and ensure … read on

What To Do When Your Desired Suburb Is Unaffordable

Are homes for sale in your ideal suburb constantly just out of your financial reach? Your savings are swelling, you've amassed enough for a deposit, but as soon as you're ready to make a visit to your lender the homes for sale jump up in price. Again. Unfortunately (or fortunately, if it makes you feel better), many aspiring first time buyers are in the same boat. According … read on

3 Reasons You Should Live In A Smaller Town

The escalating property prices in our cities is encouraging first home buyers to look further afield. This is being complemented by improvements to our public transport systems, which makes living with a daily commute a more viable option. Projects are abound throughout Australia, meanwhile, the New Zealand Ministry of Transport has allocated more than $36billion to the … read on

3 Ways to a Stress-Free Auction Day

What do you define as a successful auction day? Is it your home going under the hammer well above the reserve, or is it just simply walking away with your hair still intact? Auctions can be a nerve-wracking time, especially for the seller as they're the most intimately involved. Looking at recent auction results for real estate in Australia, it's clear to see that they're … read on