Archive for the ‘News’ Category

5 Critical questions to ask when choosing Real Estate Agent

The markets have turned from a seller’s market to a buyer’s market, so today it’s critical to undertake some detailed research as to the best method and best agent to sell your home, however, there are few important things to consider if you want to be fully prepared for the selling process. You want the best person in the business representing you and your property. Make sure you interview at least three agents — maybe even more if there is a wide range to choose from in your area — before you decide on which one to go with. Rather than let... View article »
Posted in News, Sell on 11th July, 2019

What is going to shape the future of our cities?

What factors are going to make some locations and certain properties outperform the averages in the future? There’s no doubt that the significant property price growth that we’ve enjoyed over the last couple of decades, particularly in our big capital cities, have come about because of two major factors: Lower interest rates Two income households So, what’s ahead for the future? Let’s now look at some trends that will shape the future of our property markets. 1. Lower interest rates A long period of low interest rates. In fact, this is likely to be the case for up to a decade. That’s because the RBA... View article »
Posted in Buy, Latest news, News, Sell on 4th July, 2019

House prices across Australia to stabilise by the end of 2019

Australian capital cities are expected to see property prices stabilise by the end of the year, with modest price growth predicted in 2020, new analysis shows. Following a sluggish start to 2019 – with the financial services royal commission, a slowing economy, investor caution and election uncertainty subduing price growth – recent events are pointing to a change of mood in the latter half of this year, according to the Domain Property Price Forecasts. Economist Trent Wiltshire says three key factors point to a turnaround: The Reserve Bank’s recent interest rate cut and likely further reductions; Banking regulator the Australian Prudential Regulation... View article »
Posted in Latest news, News on 2nd July, 2019

How to achieve rental growth

It’s no secret that the rental market in some parts of the country is sluggish. But just because some areas are performing below average it doesn’t mean that investors can’t achieve rental growth. The truth of the matter is that you can manufacture higher rents no matter what the market is doing. Well, let’s take a look at four of the strategies to get your tenant to pay more rent. 1. Renovation There are a number of simple renovations that you can undertake to increase your property’s appeal to renters and owner-occupiers alike. And by completing a few easy renos, you’d be... View article »
Posted in Latest news, Manage, News, Rent on 27th June, 2019

Sydney and Melbourne auction sales hit year highs

Sydney and Melbourne property markets had their strongest auction performance in more than a year, following a period of declining property prices and sluggish sales. The return of confidence has been credited to multiple factors including cheaper borrowing due to an interest rate cut, and the preservation of negative gearing and capital gains concessions following the federal election. Commentators say if strong auctions numbers continue, it may indicate that declines in Sydney and Melbourne markets have run their course. After a prolonged period of decline in Sydney and Melbourne – which saw real prices fall 16.5% and 11.8% respectively from their recent peaks... View article »
Posted in Buy, Latest news, News, Sell on 18th June, 2019

Property Nest Questions & Answers Round 7: Serious Buyers

With more buyer and seller confidence returning to the market, this week agent Stevan shares a “To Do List for Serious Buyers”. Have your finance approved. Choose reputable agent. Do suburb due diligence. Ask yourself, how long are you planning to live in a property? Have a question about Property market? Send it to info@propertynest.com.au or simply via Online form and watch your question answered in a next episode.   View article »
Posted in Buy, Latest news, News, Sell on 7th June, 2019

How tall is too tall? Building the World’s tallest skyscraper.

The world’s current tallest skyscraper is the Burj Khalifa in Dubai. It’s 828 metres tall, which is over two-and-a-half times as tall as any skyscraper in Australia. However, there is a skyscraper being built in Jeddah, Saudi Arabia, that will be over 1,000 metres tall when it’s finished. This will be the first building to ever rise over a kilometre high. It will also have 167 floors on top of each other! So, how tall could we build a skyscraper? It would be difficult, but we could probably build a tower over 2,000 metres tall, which would be like ten normal skyscrapers... View article »
Posted in Latest news, News on 30th May, 2019

Property Nest Questions & Answers Round 6: How to prepare your home for sale using digital marketing?

The things around us are changing at a pace faster than any of us could have once imagined, and a major chunk of that is thanks to how technology is empowering businesses and individuals alike. And when it comes to buying something as important as a home, people are using technology more than ever. Real estate digital marketing possesses its own unique challenges to overcome. However, much like the highly tailored approaches other industries have developed, it can be done successfully for real estate too. So how to prepare your home for sale using digital marketing? Click on a video below If... View article »
Posted in Latest news, News, Sell on 30th May, 2019

Questions & Answers Round 5: What should we do now?

Property market does not like uncertainty, and the Coalition win should return confidence to our subdued property which means our housing markets are likely to pick up by the end of the year. We are already seeing signs of market recovery, but what does that mean to you? Is it a good time to buy? A good time to invest? Or maybe better to rent? All answer in our weekly vBlog. If you have a question and would like Stevan to answer it, please submit to info@propertynest.com.au or simply via Online form ‘The tap has been turned back on’: APRA to relax assessment rate for home... View article »
Posted in Buy, Latest news, Manage, News, Sell on 22nd May, 2019

Which direction property prices will go now after Coalition win?

The results are in and to the surprise of many, Scott Morrison has led the Coalition to win this year’s Federal election. And this means our housing markets are likely to pick up by the end of the year. The stability of government and the fact that there are no changes to negative gearing or Capital Gains Tax will encourage investors. The market hates uncertainty, and the Coalition win should return confidence to our subdued property. The timing of the bottom of this downturn will however depend upon the banks loosening lending restrictions and the timing of any interest rate cuts – the... View article »
Posted in Latest news, News on 21st May, 2019