Are you looking at buying a home or investment property in Sydney? Read the latest news about Sydney’s property market and which suburbs are in highest demand, common issues found during building and pest inspections as well as general information on what Sydney home buyers should look out for.
The construction boom is transforming Australian cities, but with progress comes potential risk. Nearby construction projects, with their heavy machinery and constant activity, can threaten neighbouring properties.
Fortunately, there’s a powerful tool available to provide evidence if there is any dispute over potential damage : the dilapidation report.
Continue reading “Dilapidation Reports in Construction”
Cracks on your walls can be more than just unsightly; they may also signify potential threats to the safety and structural integrity of your home if left untreated. While some minor cracks are superficial and be easily fixed, others could indicate more serious underlying problems such as structural damage, including subsidence and compromised foundations.
Understanding the various types of cracks and their causes is crucial for homeowners to determine when to take action:
Continue reading “Cracks in Walls: When to Worry”
Before finalising the purchase of a property, it is crucial to conduct a pre-settlement inspection. This inspection ensures that the property is in the expected condition. By thoroughly examining the property before settlement, buyers can verify that any agreed-upon repairs and conditions have been met.
In this article, we will discuss the importance of pre-settlement inspections and provide a comprehensive checklist of things to look out for during the inspection.
Continue reading “Pre-Settlement Inspections: What Are They and Why Are They Important?”
It has been an exceptionally wet year so far. Thanks to La Niña, the Australian summer has produced above average rainfall across the country. All the extra rain causes moisture to persist for longer in the air and in the ground which can cause problems for homeowners.
Continue reading “Why You Should Have A Moisture & Mould Inspection”
By now, most people have understood the value of a pre-purchase property inspection before the contract of sale, and will gladly pay to get confirmation the property is a good buy. But what if the property you intend to purchase is in fact a new construction; a brand-new home where no one has lived yet, would you still need a professional inspection?
Continue reading “Do I need a building inspection on a new property?”
The standard condition in Queensland conveyancing contracts will include a building and pest inspection condition. But what is it exactly and how can it affect either the buyer and/or the seller?
Continue reading “Negotiating Under A Building & Pest Condition”
When buying or selling a house, the goal is always to get your money’s worth, or more. For this to happen you must first determine the overall condition of the property you’re intending to buy or sell. Undertaking a professional pre-purchase building and pest inspection can help you get a better understanding of the property’s worth, and make sure you don’t end up with a complete dud.
Is there a soft spot under your carpet? Are your floorboards squeaking a little louder than usual? If you answer is yes, then your subfloor is probably damaged which can be a problem. In some cases, damaged subfloors can be downright dangerous.
In this article we’ll talk about the subfloor area of the house, its common defects, as well how you can check if your subfloor is damaged… even before an inspection takes place.
Continue reading “Common Defects Found in Subfloors (and how to fix them)”
For the first time in over five months, the Australian property market has recorded a 0.4 per cent price growth with all capital cities experiencing a value increase except Melbourne.
According to the latest CoreLogic home value index presented in October, we can now expect the housing market to begin to soar again following the easing of some boarder restrictions.
Continue reading “Australian house prices begin to soar again”
Now that Australia is in the middle of the COVID-19 pandemic, you might be wondering how is the property market is holding up. Surprisingly, it’s not too bad. This is contrary to the initial forecast. The property market remained resilient and national home prices even rose by 0.3 percent countrywide per the Hedonic Home Value Index by CoreLogic.
Continue reading “Buying or Selling a Property During COVID-19?”
