Five hidden costs of buying a home

We are all well aware of the initial costs of buying a home, well we think we are. Often its 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.

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Booming Suburb Nerang

Is this booming suburb near you?

The Gold Coast suburb of Nerang is shedding its down-market image with a host of new apartments in the pipeline, making it Australia’s second fastest apartment boom suburb with a 12 month increase of 39%.

Bankwest general manager broker sales Stewart Saunders said while the rest of the country was experiencing huge declines in medium density housing, Nerang was continuing a long-term trend towards apartment living. Continue reading “Is this booming suburb near you?”

Gold Coast Beach

Southern investors eyeing off the Gold Coast Property Market

Southern investors are once again eyeing off the Gold Coast property market with a leading real estate industry identity labelling it a “compelling’’ market to invest in.

With quality properties at often half the price of  southern markets, it was a good place to invest according to leading real estate identity John McGrath, of McGrath Real Estate who is currently on the Gold Coast to host the 20th annual Australasian Real Estate Conference.

Mr McGrath said while Sydney and Melbourne investors had dropped off from the Gold Coast and southeast Queensland during the Global Financial Crisis, they were now returning to the market.

Continue reading “Southern investors eyeing off the Gold Coast Property Market”

Time is Running Out

First homebuyers grant deadline approaching

QLD First homebuyers rush to secure $20,000 grant by June 30

First home buyers are racing around the clock to secure the $20,000 Queensland first home owners grant before it is cut by $5000 on June 30. Statewide there have been 4100 grants approved, totaling a whopping $82.5 million. Continue reading “First homebuyers grant deadline approaching”

Inspection Needed

Are Annual Inspections Important?

This is why regular inspections should be conducted

Are annual inspections important? Most definitely. Our home is often our largest investment and regular inspections should be conducted to ensure maintenance items are identified and repaired and to ensure termites haven’t made your home their home. Continue reading “Are Annual Inspections Important?”

Gutter Maintenance

The Importance of Gutter Maintenance

Our building reports comment on maintenance issues and recommendations.

Far to often our inspectors will identity this maintenance requirement when conducting inspections. Gutter cleaning is an integral part of maintaining a home. Continue reading “The Importance of Gutter Maintenance”