Archive for the ‘Uncategorized’ Category

Seven reasons why I’m confident in our property markets despite the corona virus scare

What’s ahead for our property markets in light of the corona virus issues?Are they going to crash like the stock market has?

Is Australia going to fall into recession?

Property Market

That’s a question on the mind of many investors in light of the economic woes around the world and the uncertainty surrounding … Read the full post »

Changes to the 2019 Contract for the Sale and Purchase of Land

On and from 1 December 2019, the Contract for the Sale and Purchase of Land will be changing to coincide with reforms to off-the-plan builds.

The Conveyancing (Sale of Land) Amendment Regulation 2019 (NSW), aims to alleviate some of the current risks associated with off-the-plan purchases and provide greater transparency for prospective buyers.

One of the amendments which aims to do this, is the … Read the full post »

Your Domain: The Design Files editor Lucy Feagins’ tips on styling to sell your home

So you’ve decided to sell your home. So it’s time to get a professional property stylist in to help you get top dollar, right?

Not so fast, says design expert and editor of The Design Files, Lucy Feagins.

Feagins, who has a regular column in Domain magazine, says would-be buyers are looking for an … Read the full post »

How to ‘fake’ a renovation: 7 ways to refresh your home

Many of us would love to live in a freshly renovated home. But did you know there are ways to overhaul your property without spending a lot of money, or knocking down walls?

Have you just bought the worst house on the best street? Or maybe you’re waiting to save up … Read the full post »

Selling your home: 6 styling mistakes to avoid in the kitchen

The kitchen is the hub of the home. So you can bet your bottom dollar it’s a make or break zone when it comes time to sell. Here’s a few crucial style mistakes you need to correct before you swings the door open to a potential buyer.

1. You’ve preheated the oven and cracked out the cake mix

That old idea of wooing buyers … Read the full post »

Why your credit score is going to change on July 1

Lenders are set to learn a lot more about borrowers from July 1, with banks required to share more data on applicants than ever before.

The full implementation of comprehensive credit reporting next month means everyone’s credit score is likely to change.

It’s set to be a game-changer for many borrowers, but some experts say there are risks as well as rewards.

What is comprehensive … Read the full post »

Property Listings Declined in June

Figures reveal national residential property listings declined by 5.8% in June 2019 to 325,404 from 345,516 in May 2019.

Year-on-year listings were also down by 1.8%.

All states experienced a decline in property sales listings over the month, with Melbourne and Sydney experiencing the highest decline at 10.8% and 10.7% respectively.

Hobart was not far behind with a 9.4% decline, followed by Canberra with … Read the full post »

The tap has been turned back on’: APRA to relax assessment rate for home loans

Property markets across the country have been given a shot in the arm, with Australia’s banking regulator announcing its plans to relax the assessment rate for home loans.
This effectively means homeowners could borrow more money, which industry figures are describing as the biggest development for the property market  “in at least four years”.

Currently, lenders have to assess whether a borrower can … Read the full post »

Domestic violence regulation in practice

Landmark changes to the Residential Tenancies Amendment (Review) Act 2018 (the Act) came into effect on 28 February 2019 and allow tenants experiencing domestic violence to terminate their tenancy immediately and without penalty.

In a members only webinar on 20 February 2019, Nerida Wood, REINSW … Read the full post »

9 ways to outperform slow property markets

What goes up must come down, which seems to be  true of our property markets at present.

Now that doesn’t mean that they’ll come down with a bang – but rather a whimper in some locations and just changing down a gear in others.

With the Sydney and Melbourne property markets having experienced significant price growth over the past five years, they have now … Read the full post »

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