Taking the first steps into the world of real estate can be exhilarating and incredibly rewarding, but with some much investment required, it will always feel somewhat overwhelming. Making sense of the many financial terms and options for home loans and property investment is a serious educational undertaking for first-time buyers. Unfortunately, this often dissuades people from pursuing it, potentially
Victoria’s 2023 state budget has elicited mixed reactions. The budget papers predict dwelling prices will grow by six per cent in 2024, with Victoria’s economy and jobs market also tipped to stay strong. Noel Jones Ringwood Director, Brett Freeman, said while the budget focused on cost-cutting, it also confirmed ongoing infrastructure investment in Melbourne’s east. “The funding allocations for significant
If you’re gearing to enter the dynamic world of Melbourne’s real estate, having the right guide by your side can make all the difference. The real estate market here is one of the most competitive in all of Australia, brimming with countless opportunities and challenges alike. Your key to navigating this complex landscape is learning how to find the best
Purchasing an investment property is an exciting time for investors with endless potential to generate passive income and build long-term wealth. However, it’s important that investors know what to do once the purchase stage is complete and how to prepare the property for tenants. BMT Tax Depreciation explores what investors can do to best prepare their investment property and finances.
After the year-long trend of declines, Melbourne’s property market continued on an upward trajectory in April, reflecting the growth that was witnessed in both February and March. Our capital saw 2,960 auctions occur across April, compared to 4,993 at the same time last year, marking a decline in volume of just over 40%. Low stock volumes have continued to be
As Australia’s growing population contends with low housing supply and a tight rental market, addressing market shortage and affordability was central in this year’s federal budget. A predicted surge in migration has highlighted the need for such initiatives, with the budget estimating 1.5 million people will arrive in Australia over the next five years. The Albanese Government’s second budget also
Purchasing property is likely to be the most sizeable investment families will make in their lifetime. As average property prices climb higher, the need for a robust loan often becomes more apparent, but a deposit will still be required to help you get a foot in the door. But how much savings do you need to buy a house? And
Suburbs across Melbourne’s east are leading the rally in our city’s property prices, with some areas achieving more than 10% growth in the first three months of 2023 Real Estate Institute of Victoria figures show that Ringwood had an impressive 13.4% boost to its median price in the first quarter of 2023, and a 6.6% increase in the unit market.
Melbourne’s Eastern Suburbs offer some of the best places to live in Australia for families. The area has a mix of well-established suburbs and new communities boasting upgraded amenities and attractions, making it an ideal location for people looking for a family home. In this article, we have compiled some of the best suburbs for families to move to in
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