What to do with property when the unexpected happens
Life is what happens when you’re busy making other plans according to the American writer Allen Saunders – and life events have a habit of happening when you least expect it. With people living longer and the increase in ‘blended’ families through people remarrying, financial and family arrangements can be a complex web. And when.
5 essential research steps for your next investment property
Investing in property is a big financial commitment, so you do need to do your research before jumping in. The internet has made making research a lot easier, but the key to good research, is knowing what to look for, and once you’ve got the information, knowing how to analyse real estate market data. This.
What to budget for when selling your home
From marketing expenses and contract preparation to renovations to add value, there’s lots to consider when selling your home. Here are some of the main ones to consider: Legal costs When selling a property, you do really want to ensure all the paperwork is in order. The main legal requirements include: Contract preparation Prepared by.
Newcastle house prices still higher than a year ago
Welcome to 2023! Last year saw a rapidly rising serious peak in the property market and while interest rates and economic factors are now playing a major role in property prices in the short term, let’s take a critical look at what the data is saying. Data has long played a role in property, and.
Newcastle and Lake Macquarie house price rate of decline eases
The latest report from CoreLogic is the Christmas news we’ve been waiting for; according to the data specialist’s latest Home Value Index the fall in house values has begun to ease in our region. CoreLogic’s research director, Tim Lawless, said the easing in the rate of decline is mostly emanating from the Sydney and Melbourne.
Vacancy rates in Newcastle and Lake Macquarie
The CoreLogic home value report shows while housing is taking a relative downfall, rental value growth actually remains high across Australia; the report suggest regional rents are up 25.5%., and indeed, we have seen rents increase over the past few months, although not by this much. What this means is, as rents continue to rise.
Newcastle and Lake Macquarie market update – it’s not as bad as you think!
You’d be forgiven for being a little disheartened about CoreLogic’s latest Regional Market Update; the report suggests house values in Newcastle and Lake Macquarie recorded falls of 6 % over the last three months while unit values experienced a drop of 1.9 %. However, three months can be a short time in the property market;.
What the Federal budget means for homebuyers
Home buyers were potentially among the winners in last month’s the Federal Budget. Keen to address housing affordability through increasing supply as well as encouraging institutional investment, the government announced a range of measures which included removing tax barriers to residential development projects. Plus, it confirmed a number of schemes that pre-dated the budget are.