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 involved parties (buyer and seller) in a property contract?
Continue reading “Negotiating Under A Building & Pest Condition”Category: Sydney Property Market News
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.
Latest Sydney News:
Get to Know the Inspection Process
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.
Common Defects Found in Subfloors (and how to fix them)
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)”
Australian house prices begin to soar again
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”
Buying or Selling a Property During COVID-19?
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?”
Time to invest in Gold Coast’s property market
The Gold Coast property market is soaring with many suburbs showing double-digit price growth, a new report reveals.
With prices continuing to increase, it has been predicted the median price for a house on the Gold Coast will exceed $650.000 in the near future. This would see the highest digits for the city in three years according to the Qld Property Investor.
Continue reading “Time to invest in Gold Coast’s property market”
Renovating Roulette? Asbestos Awareness
Australians adore their DIY, but experts are warning not to risk playing ‘renovation roulette’ with asbestos.
If you have recently purchased a new home and are looking to carry out renovations big or small you need to be aware that your property may contain asbestos.
Five hidden costs of buying a home
We are all well aware of the initial costs of buying a home…At least, we think we are. Often it’s where the money is spent that comes as a shock to first – home buyers.
It’s not over once the deposit has been saved and the winning offer made. Below are the five areas identified by experts where hidden costs are likely to exist.
What To Look For In An Investment Property In Sydney
We often talk about buying a home in Sydney as if you were going to be the one living in it, but more and more home purchases in Sydney are investment properties. Continue reading “What To Look For In An Investment Property In Sydney”
Renovate or Rebuild?
This past year Sydney saw a huge increase in renovations, as well as home demolitions and rebuilds.
In 2016 there was almost $8.5 billion spent on home alterations throughout NSW. Continue reading “Renovate or Rebuild?”