Archive for the ‘Sell’ Category

Heading to boom times

The latest data from the Commonwealth Bank Household Spending Intentions (HSI) series released today shows the sharp increase in home buying intentions is continuing. After a measly two-year downturn, homebuyers now appear to be back in a big way. The proportion of Australians planning on purchasing a house is all-time highs, propelled on by three rate cuts according to the latest Commonwealth Bank research. Beyond housing, the overall picture is one of a gentle upturn in consumer spending intentions. CBA’s Chief Economist Michael Blythe said the sharp upswing in home buying intentions continues and intentions are now approaching the record highs... View article »
Posted in Latest news, News, Sell on 20th November, 2019

Melbourne house value growth overtakes Sydney after October surge

Melbourne house values soared a massive 2.4 per cent over October, leaving Sydney trailing in its wake, according to CoreLogic. Melbourne's huge success over the month also took its quarterly gains higher than Sydney, posting 5.7 per cent gains. Sydney house values were up another 1.8 per cent in October, with quarterly gains of 5.3 per cent. The October price surge in houses is the biggest month-on-month gain since May 2015.   Nationally dwelling prices were up 1.2 per cent across all capitals and territories, the fourth month in a row of dwelling value gains. Perth was the only capital not to see... View article »
Posted in Buy, Latest news, News, Sell on 4th November, 2019

Fastest rebound in decades

The Sydney property market is on the move. Sydney’s has recorded its quickest turnaround in decades, with house prices rebounding almost $50,000 last quarter according to Domain’s House Price Report for the September quarter. Houses prices regained almost one-third of the value lost during the two-year downturn, with the city’s median up 4.8 per cent to $1,079,491 according to Domain. Sydney’s house price downturns and recovery The rapid recovery — four times greater than the next strongest quarterly rebound of 1.2 per cent following the 1994 market low — has surprised most property commentators. The recovery can be attributed to: Lower interest rates; The... View article »
Posted in Buy, Latest news, News, Sell on 28th October, 2019

Property Sellers Reaping Strong Profits

It’s often true that the squeakiest wheel gets the most oil, and those who make the most noise will often receive the most attention. The same can be said for investors. An unfortunate truth is that when one investor experiences a negative result, they more than likely will voice their negative opinion, leading others to expect that they are in the same boat. This effect is ringing true throughout our market at the moment. Media headlines about shonky building quality, subjective valuations from lenders and even generalised market commentary are all petrifying investors into the idea that they are holding onto ticking time bombs. This blanket view, however, couldn’t... View article »
Posted in Buy, Latest news, News, Sell on 10th October, 2019

How to – style outdoor area?

It’s no secret Australians love outdoor living spaces, so we must really get these spaces right before hitting the market. Whether you have a small or large outdoor space to work with, it’s important that you showcase it by creating the perfect outdoor oasis. More than ever, people look at decks and verandas as extensions of their homes that get used every day for entertaining and family life – and maximising this area is one of the most effective ways to add value to your property. This time agent Stevan Vuk-Luboya shares tips how to maximise outdoor area. A styling tip: Think strategically about the outdoor spaces... View article »
Posted in Latest news, News, Rent, Sell on 14th August, 2019

Even lower rates are on a way – says Governor Lowe

Lowe said in May that while the Reserve Bank had long thought an unemployment rate of 5% was the best that could be achieved without generating worrying inflation, that view has now changed: From today’s perspective, I think we can do better than this. My judgement of the accumulating evidence is that the Australian economy can support an unemployment rate of below 5% without raising inflation concerns. The Reserve Bank should be able to cut interest rates until unemployment fell below 5% and approached 4.5% without worrying about inflation, Lowe argued. It would likely be appropriate to cut interest rates and keep cutting... View article »
Posted in Buy, Latest news, News, Sell on 12th August, 2019

Property prices are set to rise in every capital city

The experts, on average, now anticipate the property market will be on the way up over the next year. Graham Cooke, insights manager at Finder, said it’s too soon to tell if this is an emerging recovery in the housing market, but it’s clear that the full effects of the RBA’s recent cuts have yet to play out. After one of the strongest weekend clearance rates in Sydney in recent months (71%), there is definitely a detectable pulse,” Cooke said. Predicted Unit Prices  by August 2020 Prospective first-time buyers should look at arranging pre-approval for finance soon if they want to take advantage of... View article »
Posted in Buy, Latest news, News, Sell on 8th August, 2019

How to – style a bedroom?

Hello dear reader, Today in the series of "How to"episodes Stevan shares simple ideas and innovative tips and tricks that can elevate the space, creating a room that impresses and most of all is easy to remember by potential buyers. Quick tip: While bedrooms are a deeply personal space it should look cozy and simple, sophisticated, and elegant, regardless of what style of decorating you choose. 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 Latest news, News, Sell on 8th August, 2019

How to – renovate the kitchen?

For many households the kitchen is the centre of the home and the hub of activity. Remodelling the kitchen can add value to your home and create a different living experience. Agent Stevan Vuk-Luboya shares kitchen renovation tips from materials to colours and technical aspects. 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 Latest news, News, Sell on 2nd August, 2019

Property Nest Questions & Answers: Market wrap July 2019 and “What questions should you ask yourself before selling your home?”

Selling your home is a big deal. Whether you’re selling for the first time or for the fifth there is a lot that goes into the sale of your residence. Before you can ask questions like ‘how do I sell my home?’ you’ll need to ask yourself ‘am I ready to?’ Knowing you’re ready to sell isn’t as easy as waking up and deciding to. It’s never going to be the perfect time to move on from your current place, however there are ways to know if it’s a good opportunity, and a good decision, for you, your family, and your... View article »
Posted in Buy, Latest news, News, Sell on 31st July, 2019