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
We have now farewelled one of the strongest Autumns on record, witnessing growth of 5.5 percent in our state’s capital across the months March-May, with sequential increases of 2.4, 1.3 and 1.8 percent respectively; regional Victoria hot on the heels of the big smoke in May, recording a 1.7 percent increase. Melbourne has again shown its resilience, with another lockdown
When selling your home, it’s all about evoking emotion and creating a connection with your home and potential buyers. It’s not about choosing art that appeals to you personally. People don’t want to see walls jam packed with family photos or personal travel pics nor bare, uninviting walls either. The thing you must do is create a warm, inviting interior
If investing in a quality heating system, upgrading your insulation or double-glazing your windows isn’t on the cards this winter, never fear: there are other, cost-effective ways to ensure you don’t feel like Jack Frost has set up home in your abode. Cast frozen toes, fatigue and pesky shivers aside with some foolproof and easy ways to warm up which
It is so easy to update your interiors, now more than ever with the prevalence of online stores and the many homewares stores around but what if you simply don’t have the spare cash right now to update and improve your interior décor? Read on for some super savvy tips on ways you can update without shelling out any cash.
The complexity of depreciation unsurprisingly has many scratching their heads. While investors don’t need to be depreciation experts, BMT Tax Depreciation has answered some of the most common questions on this area of taxation for you. Q. What is depreciation and how does it work? It’s the natural wear and tear of a property and assets over time. While all
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