Taking out insurance is a lot like buying a lottery ticket, with both decisions steeped in possibilities and ‘what-ifs’. However, when it comes to investment properties, landlord insurance is a wise choice. Landlord insurance is designed to cover the cost of replacement or repair if your residential rental property is damaged as a result of certain events. This type of
As we await spring to arrive and cajole us with longer days and fun in the sun, it’s the perfect time to ensure our home is as ready as we are. Just as we have weathered the cold depths of winter, so has our home – to make sure we both enter the new season with a “spring” in our
Hungry buyers are keeping Victoria’s property market hot, even as the state was pulled in and out of lockdown during July. Figures from CoreLogic reveal more than 171,000 properties were sold in the three months leading up to July. This is 53.4 per cent higher than the average figure recorded for the same quarter in the previous five years. In
When selling your home, the aim is to make your home stand out from all the other homes that may be inspected on that day. Colour plays a big part in how aesthetically pleasing your home is and also how it makes one feel. Understanding colour and how to apply it will put you head and shoulders above other homes
Global markets have been thrown into disarray by the coronavirus pandemic, as investors’ thoughts turned from prosperity to survival. While Australia’s share market remains turbulent, the property market has defied 2020’s dire predictions and is thriving. The value of dwellings has swelled 13.5 per cent over the past year according to the latest CoreLogic Home Value Index figures. The growth
There has been no hibernating for Melbourne’s housing market over the June quarter, with the median house sale price tipping over the million-dollar mark to $1.01 million. While this only represents a 0.2 per cent increase in the last quarter according to recent Real Estate Institute of Victoria (REIV) figures, this follows a record 8.8 per cent growth in the
You could call watching an auction in Melbourne a much-loved sport. As the preferred selling method, there are a few factors to consider before you let your heart take over and bid above your budget. Unfortunately, bidding at auction isn’t an exact science; there are many methods, and every auction is different. If you are planning on bidding, you’ll stand
A new trend in home decorating has emerged and is quickly gaining momentum. It is called “Grandmillenial” style or “Granny Chic”. This style is full of nostalgia for anything old fashioned or traditional, like something you’d see in your granny’s home, throw in some contemporary artwork or sleek modern furniture and there you have the style in a nutshell. While
The State Budget was a big-spending affair and homebuyers didn’t miss out, with off-the-plan purchasers set to save. Meanwhile, stamp duty on homes bought for more than $2 million will increase. So, how will these changes, starting on July 1, effect your purchase? Let’s look at the numbers. New premium stamp duty rate The Government has upped the stamp duty
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