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.
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.
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.
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.
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”
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?”
With property prices still on the rise in Sydney, many dilapidated homes have been selling for high prices, even though they’re currently unliveable.
Buying a house in Sydney can be an incredibly daunting endeavour, and for most of us it’s unfamiliar territory.
Climate change consultants believe some of Sydney’s coastal homeowners face dropping property values at extreme weather events become more common.
While real estate agents do provide building and pest inspection reports for the properties they sell, it’s important to ask yourself who those reports are meant to help.