Introduction In today’s fast-paced real estate market, many prospective homebuyers find themselves repeatedly missing out on properties despite their best efforts. The scenario is frustratingly familiar: you inspect a property on Saturday, express interest to the agent, request documentation, consult with your conveyancer, and by the time you’re ready to make a formal offer days […]
Buying your first home is often seen as a major life milestone. But for nearly half of Australia’s first-time buyers, that dream quickly turns into regret. According to recent findings highlighted by Smart Property Investment, 44% of first property buyers admit they regret aspects of their initial investment. From overpaying and unexpected costs to poor […]
Introduction In today’s housing market, homeowners are increasingly looking for ways to enhance their living spaces without breaking the bank. Strategic home improvements can transform your everyday experience while potentially increasing your property’s value. This comprehensive guide explores ten high-impact home upgrades that cost less than $10,000 yet deliver significant returns in terms of functionality, […]
Understanding Contracts of Sale A contract of sale consists of two key components: Every client’s circumstances differ, so if you encounter unusual situations, consult with a conveyancer—they’ve likely seen similar cases before. Settlement Terms and Negotiation Points When purchasing property, an offer includes much more than just the purchase price. Consider this example: If a […]
Welcome to the New Era of Property Transactions in Australia As the property market evolves into 2025, Australians are embracing a more seamless, digitised, and data-driven approach to buying and selling real estate. With cutting-edge technology, artificial intelligence, and shifting buyer preferences influencing every stage of the journey, the traditional real estate model is undergoing […]
For many homebuyers, especially those eyeing older homes with modern renovations, understanding how a property is valued can be more confusing than expected. When an agent says, “It’s worth the land plus what it would cost to build it today,” it can sound logical — but is it the full story? The Valuation Question Every […]
Introduction Property settlement day should represent the culmination of a successful transaction, but for some sellers, it can become a moment of unexpected crisis. When buyers make last-minute demands for compensation for allegedly damaged property features that were clearly visible during inspections, sellers face both practical and emotional challenges. This article examines the complex situation […]
When purchasing a property, the initial financial outlay often begins with the down payment, which is a percentage of the property’s purchase price that the buyer must pay upfront. This amount can vary significantly depending on the lender’s requirements and the buyer’s financial situation. Typically, down payments range from 5% to 20% of the home’s […]
Understanding Your Rights During the Cooling-Off Period In Victoria’s property market, cooling-off periods exist to protect buyers, but recent situations have highlighted confusion about inspection rights during this time. A growing number of buyers are facing resistance when attempting to arrange building inspections after signing contracts. Your Legal Position in Victoria The cooling-off period in […]
The Australian Labor government’s decision to expand its Help to Buy shared equity scheme before its official launch has sparked fierce debate. While pitched as a lifeline for first home buyers, critics argue the policy risks worsening Australia’s affordability crisis by inflating demand without addressing systemic supply shortages. Here’s why this well-intentioned initiative could backfire—and […]