More of us are choosing independent associates without agenda to represent them in the property process. Professional advice helps you avoid the stumbling blocks you can encounter while buying, selling, or investing in property. The property market is brimming with opportunity and expert advice can give you the edge to [...]
It’s not when, but what you buy that’s important. Choosing when to buy is best based on your personal circumstances and financial stability. Property is a long-term plan, so be prepared to ride out the bumpy bits to come out on top. It’s difficult to pick the market, but smartly [...]
The premium time to sell is when the number of buyers is high compared to the number of properties for sale. The market tends to open up at the start of the year with pent-up demand over summer. Winter sees less competing listings, but not all properties present well at [...]
Check the property is in the same condition as when it was purchased. Test all appliances and light switches, ensure the hot water is working and make sure the power is connected for the final inspection. If something’s not up to scratch – notify your solicitor or conveyancing lawyer immediately [...]
This largely depends on location as some cities and suburbs seem to exclusively sell by auction, and others by private sale. Auctions offer transparency where you’re only paying one bid above the next would-be purchaser with no ‘cap’ on the end price. Private sales are trickier as you may be [...]
This depends on your situation, the property you’re looking at, and if any government concessions apply. Generally speaking, you’ll need anywhere between 5%-20% of the purchase price. On top of that, allow around 5% for stamp duty, loan establishment fees, conveyancing and transfer registration. PropertyDuo will refer you to one [...]
There’s a common misconception that one-bedroom apartments are less desirable investments than two-bedrooms. From a capital growth perspective, a well located one-bedroom apartment with a great floor plan, close to amenities and infrastructure will outperform an average two-bedroom apartment in a secondary location.
This depends on your budget, rental return wishes and how much maintenance you can commit to. There are pros and cons for both, but it depends on the location and underlying land value. Apartments tend to have higher rental returns than houses, which can help with cash flow and serviceability. [...]
If landlords aren’t up-to-date with changes to legislation and industry standards, it can lead to potential liability and negligence claims. Because they don’t have the time to establish clear and detailed reporting systems, landlords can overlook potential issues, as well as opportunities that can impact their asset’s growth. PropertyDuo associates [...]
Real estate agents have vested interests, which is why buyers and vendors are increasingly turning to advocates to represent them. While the current market is full of opportunity, it’s difficult to know what properties will provide a good return, so more people are seeking advice.