Property is one of the best asset classes for many Australians looking for investment vehicles. According to the latest ASX Long Term Investment Report, residential property in Australia still yield quite an impressive return on investment and averaged at 8% per annum over a duration of 10 years. Many investors avoid this asset class because … Continue reading Units or Houses Which Makes The Best Investment
Buying a property is an incredibly costly investment. You will probably have to save money for decades or take out a huge bank loan to pay for your investment. Given the high cost and risks involved, it is necessary to carry out a proper due diligence on the property market and the property itself to … Continue reading How to Avoid a Dud Property Purchase
Whether you are a property investor or just shopping for a suitable home for your family, one challenge that you must grapple is that of property valuations done by the surveyor on the property you are planning to purchase. There are fairly well defined guidelines on carrying out valuations. The value of the property for … Continue reading How to Get the Highest Valuation for your Property
In a trend that now mirrors global developments, the property prices in Australia’s major cities have been skyrocketing over the past few years. The boom is attributable to local buyers as well as foreign buyers who buy the properties as investments. Foreign investment is a speculated to be a driving factor to the increasing prices … Continue reading Are Property Investors to Blame for High Property Prices?
Before you exchange the contracts during a real estate transaction, both you and the seller can still get out of the deal without incurring serious legal consequences. That is why you need to perform proper due diligence on the contract of sale before you complete and exchange it to finalise the property purchase. Here are … Continue reading Questions to Ask Before Exchanging Contracts
When you are looking to purchase a property, you’re going to need a Building Inspector. Recommendations are helpful: Look at google reviews they are a great platform or social media Work colleagues or friends that have had positive experience Websites are a great source of information WARNING: It is advisable not to use an inspector … Continue reading Engaging the Right Inspector
So you are looking to purchase a property, for investment or your family home. It is a very exciting and emotional time, all you want to do is pick up the keys and enjoy your home…Wait…You have all heard the horror stories. We took possession of our property and you would not believe it, the … Continue reading Who Needs a Building Inspector?
Spring is generally a peak season for buying that new home or investment property. Time is always of great essence. You want to acquire the best property within a very small window and that can exert undue pressure on homebuyers leading to costlier financial and lifestyle mistakes. Here are some tips on how to save … Continue reading Save Time in Your Small Business With These Property Tips
There are many things that you reflect on when it’s raining. The heaviness of the rain, the pretty rainbow that follows and perhaps if you are a homeowner; I hope the my roof won’t leak! One thing few of us think about is “where does all that water disappear to once it leaves the roof?” … Continue reading Exterior Water Management: Make Sure Your Pipes Are In Order
So, what is required to meet the 2007 Standard? The 2007 Standard limits the extent of reporting to major defects, providing a general impression regarding the extent of minor defects and any major defect that is an urgent and serious safety hazard. The standard then advises that the major defect should be; 1. Clearly described … Continue reading Our Four W Method Of Reporting Defects