Take a look at the median house and unit prices across the Eastern Suburbs of Melbourne for the July to September 2017 quarter.
Investing in property is an exciting proposition, but it’s important to do your homework before you start your search. Here are our top tips for ensuring your first property investment is a success. Consider why you are investing Firstly, consider your motivation for investing in property. Are you driven by capital growth, or are you motivated by cash flow? Exclusive
While a small, yet growing number of people work from home on a full time basis, it’s becoming common for many workers to spend some time working from home, even if only an odd day here or there. With employers recognising the value of a good employee, and technology making it possible, many companies are allowing workers to structure their
The final week of The Block room reveals has seen the teams going all out to create attractive front yards for their Elsternwick properties. Never underestimate the value of street appeal when selling your property. If buyers don’t like what they see on the outside they may not even bother stepping inside. Sticks and Wombat’s auctioneer Daniel D’Assisi says, “In
With the teams on The Block fighting it out to maximise the value of their Elsternwick homes, we asked Noel Jones’s Daniel D’Assisi whether off-street parking and granny flats are worth the investment. “The extra space provided by studios, granny flats and garages is more often than not considered a great addition to your property,” advises Daniel, who is acting
The Block’s Sticks and Wombat have given their garden an edge this week with a small space swimming pool that didn’t break the bank. The innovative pair opted for a shipping container swimming pool design, saving both time and money. At around 2.4m in height and width, and anywhere from 6-12m in length, a converted shipping container can be an
As the days get longer and higher temperatures begin to coax us outdoors, the real estate industry gears up for another ‘spring selling season’ following what has been a significant growth quarter for Melbourne, the world’s most liveable city. Receiving a perfect score for healthcare, education and infrastructure by the Economist Intelligence Unit for the seventh year in a row,
When we think of downsizing retirees are most likely to come to mind. While the sixty plus group are undoubtedly the forerunners of those in the market to downsize, choosing to downsize at a younger age is not unheard of. Those in the older age group are likely to consider downsizing for one or more of the following reasons: children
The depreciation of your investment property can help your bottom line at tax time. Seasoned property investors are well aware of this, with many even taking it into account before purchasing investment properties. But using property depreciation to increase your tax return isn’t a trick exclusively for the pros. It can be done quite simply via a depreciation schedule. Generally,
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