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5 renovation mistakes to avoid!

5 renovation mistakes to avoid!

Thinking about doing up your home before selling it? Great idea – you could significantly raise your sale price without much investment from your end.

But beware of these five common mistakes people make!

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The 7 mistakes most sellers make

The 7 mistakes most sellers make

Selling your home? Don’t fall into these common traps!

In this post, we take a look at some of the mistakes we come across most often. If you’re guilty of one or more, don’t feel bad – most of them come down to human nature. Just remember to keep an eye on yourself (or your other half!) before signing away your home.

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Australia’s most affordable suburbs within 20km of the CBD

Australia’s most affordable suburbs within 20km of the CBD

As the cost of housing within the inner-city of Australia’s capitals continues to rise, potential buyers are looking further afield to get into the property market.

Middle ring suburbs – those within 10-20km from the city centre – are proving an attractive option for many. These established suburbs often offer greater amenities than those suburbs located further out from the CBD.

Middle-ring suburbs typically offer more affordable housing than the inner-city suburbs. Buyers may also find larger lot sizes for houses and a lower density unit landscape.

While overall amenity may not be as significant as within the inner 10km ring, because they are well established suburbs and still close to the city centre they are typically well catered for with regards to amenities and infrastructure.

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Better Apartments' planning scheme reduces market choice and increases cost

Better Apartments’ planning scheme reduces market choice and increases cost

The cost of constructing a new building in Sydney, Melbourne and Brisbane is comparable, so why is there such a dramatic difference in the price of apartments?

By mandating minimum apartment sizes in Sydney after the implementation of the SEPP 65, the result was an increase in the number of bright, large, luxurious apartments, absolutely – but only for those who could afford to live in them.

Developers immediately lost out on yield in their proposed developments and delivering projects simply became too expensive. This drove down supply and as a result, drove up prices to an unsustainable level.

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9 ways to have a stress free auction day

9 ways to have a stress free auction day

9 ways to have a stress free auction day. A successful house auction doesn’t necessarily mean that the hammer drops on a bid worth twice as much as the reserve.

Although that would obviously be an excellent outcome, it’s important to remember that a successful auction can mean more than simply selling your property for a good price. If the auction has created unnecessary tension in your life or if you’ve been stressed through out the process, there aren’t too many people that would classify that auction as a success.

House auctions are about more than just the money so here are 9 ways to have a stress free house auction.

1. Do your research

Before you put your house up for auction it’s important that you’re at least a little bit familiar with the industry. Go to other house auctions, ask questions of the agents and most importantly have a few conversations with the bidders. House auctions are something most people will rarely participate in, so it’s difficult to acquire organic experience in this area. This is why it’s so important to get out in the field and learn as much as you can before your own auction. The industry changes every few years so even if you went through an auction ten years ago, it’s still worthwhile to attend upcoming auctions to see what’s happening in the space. 9 ways to have a stress free auction day.

Attend upcoming auctions before your own to get a feel of the space.

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Think twice before buying that CBD unit…

Think twice before buying that CBD unit…

Think twice before buying that CBD unit. High-rise CBD apartments used to seem like such a sure-fire investment option. Rents were huge, maintenance was low, and vacancies were rare.

But not anymore. What happened to the Brisbane apartment market? Why are owner-occupiers and investors still choosing homes and units in established suburbs over inner-city apartments?

Let’s find out!

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What to do with your old fixer upper

What to do with your old fixer upper

You’ve got an old, not-particularly-inhabitable property sitting there collecting dust. For years you’ve been going on about doing it up and selling it, or perhaps rebuilding and moving in.

You know you’re sick of it sitting there empty, but you’re not sure what exactly to do with it. Well, now you do – here are your options, with our recommendations included.

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Housing affordability declines buts there’s good news for renters

Housing affordability declines buts there’s good news for renters

Housing affordability declines buts there’s good news for renters. The Real Estate Institute of Australia (REIA) has released its quarterly report into housing affordability in Australia and the new data shows worsening levels across the nation.

The Adelaide Bank Housing Affordability Report provides a comprehensive analysis of the property sector in Australia and examines long-term trends based on quarterly results, which ensures a better snapshot of the housing market.

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First home buyer FAQs

First home buyer FAQs

First home buyer FAQs: Buying your first home can be a daunting experience; after all it’s a big commitment and involves a lot of money. To help you on your journey, we answer some of the most common questions asked by first home buyers.

How much money will I need?

At a minimum, you will need a 10% deposit plus enough funds to cover legal fees, a building inspection and stamp duty.

If you buy a property with a deposit of less than 20% of the purchase price, most lenders will require you to take out mortgage insurance as well.

Is it better to save up more or buy now?

If interest rates are low and the market is rising, the growth in property prices will usually outstrip your ability to save.

That means it’s often better to purchase your home as soon as you can afford it. First home buyer FAQs.

Where should I buy?

The best location is different for every homebuyer, depending on their needs.

Start with the locations you would like to live in and where it’s convenient for you to travel to your work and to visit family and friends.

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Don't visit Brisbane. LIVE in Brisbane!

Don’t visit Brisbane. LIVE in Brisbane!

Whether or not you’ve been to Brisbane recently, you would’ve heard a lot about it in the media, with the G20 Summit, Brisbane International Tennis and even the Lonely Planet’s “Capital of Cool” article that came out in 2014.

While our little river city might not yet have the same reputation as Sydney or Melbourne, there’s a lot more to Brisbane than meets the eye. So much, in fact, that we’re going to go out on a limb and say that rather than visiting Brisbane, you should try living here.

Click through to find out why. Read more