Buying a home is a momentous occasion, which can be equal parts exciting and bewildering. From determining your personal preferences to exercising important due diligence, here’s 3 tips to help you sail through the process. 1. Money matters. Have your deposit ready (that’s about 20% of a home’s purchase price). Be clear on your budget and have a pre-approved loan.
There are many times in a person’s life where they may wish that they had a crystal ball, and this is undoubtedly true when looking to sell a property. So, what are the positives about selling in the current market? If you listen to the doom and gloom presented in much of the media, you’d say they were none, but
Melbourne’s real estate market is no stranger to fluctuations. Amidst the ever-changing trends and significant growth in median prices we have seen over recent years, fixer-upper houses have captured the attention of long-term investors and first-home buyers alike. But what exactly is a fixer-upper? A fixer-upper is a property that requires significant home renovations, repairs, or updates, and as such,
Both new and established investment properties attract depreciation deductions for their owners, however, there are differences in what owners are eligible to claim. In this article, BMT Tax Depreciation outlines the differences in depreciation eligibility between new and established investment properties, which may be an important factor when deciding which type of property to invest in. Depreciation overview Depreciation is
Auction clearance rates in Melbourne’s east are among the strongest results in the state, as the housing market shows signs of steadying after interest rate rises. The latest Domain figures reveal the clearance rate in the outer eastern suburbs was 78% in February – an annual improvement of 11.4% – while in the inner east they grew by 4.8% over
Navigating the ever-changing property market often feels like an impossible task, especially for those new to buying or selling real estate. Trying to wrap your head around interest rate changes, choosing between growing suburbs and cities, and deliberating on the size of the property you should purchase – everything can quickly turn an exciting time in your life into an
Before committing to any contracts or tenancy agreements, seeking advice on renting a property is always good practice. If you want to find a rental property in the eastern suburbs of Melbourne, our team at Noel Jones has put together seven valuable points to consider before settling on any houses for rent. 1. Renting a Property in the Best
Are you eager to start looking at houses for sale in Melbourne’s East, but need help figuring out where to start? Well, our specialists at Noel Jones have the real estate insights to help every new buyer find the perfect property to suit their needs. From wondering how to buy a property to finding accessible homes in Melbourne’s eastern suburbs,
Homes in suburbs across Melbourne’s east have had some of the biggest price growth in Victoria over the last quarter, defying the state-wide slowdown. Real Estate Institute of Victoria figures reveal that the median property price in Mitcham is $1.2 million, which is a 17% increase over recent months. Meanwhile houses in Croydon have reached a median of $880,000, reflecting
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