Archive for the ‘Blogs’ Category

Auctions in Victoria

Why are property auctions popular in Victoria? Long gone are the days when it was stereotyped that auctioned properties are distressed ones. For many years now, auctions have been popular in Victoria real estate market as it is: Transparent. Auctions set a fair value and are open for everyone. Before the actual auction takes place, relevant documentation is provided to bidders. Following the due diligence checklist, buyers are given comprehensive information required to further assess the property. Competitive and fair. The willingness of others to bid on the property is an added assurance that you share the opinion of the property’s... View article »
Posted in Blogs on 25th November, 2021

Why is my Property Not Selling?

Present homebuyers are now exposed to the advantages of being tech-savvy. The need to inspect the property online became crucial as health restrictions were heightened. One of the many things that they check, aside from the features and amenities of the property, is the number of days it has been listed on the market. Although the average number of days it takes a home to sell varies per area, it is common knowledge, the longer the property has been listed in the market, the more it is likely to fall below its list price. Interested homebuyers would wonder why and this... View article »
Posted in Blogs on 24th November, 2021

Suburb Profile: Ivanhoe

Known as the prestigious and leafy old suburb in the Northeast of Melbourne, Ivanhoe is truly unique and well-loved by its residents. It is famed for its large mansions and historic homes. But no matter how populated it is with these aesthetically pleasing homes, it is still a home to new townhouses and designer apartments which makes it more distinct. Get to know more about Ivanhoe with this community guide:   Primary Schools Ivanhoe Primary School For over 150 years, Ivanhoe Primary School has been providing quality education to children through their home-school partnership which contributes to the high level of their student’s achievement. ... View article »
Posted in Blogs on 3rd September, 2021

How Furniture Styling Adds Value When Selling Your Property

Strong visual impression Styling helps build a strong visual impression for the purchaser. Having furniture in a property helps the purchaser visualise exactly what can fit into the property and therefore visualise themselves in there once they purchase it. Visually pleasing outlook Secondly, through styling your property, you create a far more visually pleasing outlook through all forms of marketing and therefore attracts a wider audience to your property. True assessment of value Lastly, staging your home gives a buyer a true assessment of the property's value. Having furniture in your home exaggerates the fixtures and fittings and therefore creates an overall picture for the... View article »
Posted in Blogs on 2nd September, 2021

What Are The Important Factors to Consider When Purchasing an Apartment

Tip one: Wasted space This can come in the form of hallways and walkways. Ensure when you're looking at a floor plan, the overall footprint maximises the living area. Tip two: Outdoor area Whether you like to entertain or whether you like to stay indoors, ensure that you're getting the right area that suits your lifestyle. Maintenance can be a big thing when it comes to larger spaces so keep that in mind. Tip three: Free flowing air Whether it's the kitchen, or the bathroom area, make sure that there's free flowing air throughout the property at all times, creating a well-ventilated space, preventing mold... View article »
Posted in Blogs on 27th August, 2021

5 Reasons Why Your Property May Not be Selling

 Unrealistic price A strong seller's market should not mean that a vendor should not set their price sale above comparable sales. Poor presentation Buyers will disregard purchasing a home if the presentation is poor. This might mean things such as cleanliness, a neat and tidy garden and a well-maintained kitchen. Increasing Price Increasing your price after listing the property. Keep your expectations realistic and stick to your plan. Lack of photos and photo quality As much as possible, buyers want to see what they can expect before actually doing inspections. It would help them decide if they would like to consider the property or not. Help the... View article »
Posted in Blogs on 11th June, 2021

How to Set the Price of Your Home

 Look at listings in the area Really try to focus on the properties that are being listed within the past 6 months. This will give you a good indication where houses prices are at. Compare similar properties Look at properties that are listed with the similar square footage, similar number of rooms and similar style to your property. Calculate the value of your home After finding 4 comparable results, find the average of these prices and depending on the seller market, increase deduct 10% from the average figure. These are just the tips on setting the price of your property. For more tips, read our article... View article »
Posted in Blogs on 11th June, 2021

What To Do To Your Property Before Putting it on The Market

 Fedja Bilic, property executive, walks us through some of the things that we should consider before putting our property on the market. Make a good first impression Give that front garden some tender loving care, give the front fence a lick of paint, and maybe even consider sprucing up your letterbox. Repaint the walls A fresh lick of paint can do absolute wonders. It can really revitalize and energize the property and really give it that brand new feel. Replace or polish the floors If you have carpets that are outdated, stained or damaged, consider replacing them. On the other hand, if you have floorboards, give... View article »
Posted in Blogs on 8th June, 2021

Suburb Profile: Northcote

In visualising the kind of life that you'd have, looking into the property alone is not as encouraging as assessing the neighbourhood as a whole. Today, we're going to look at the surrounding establishments around Northcote which makes it a good community to live in. Northcote, a multicultural and all-inclusive neighborhood gives off a welcoming vibe to everyone from all walks of life. This is probably the reason why our grandmas and grandpas prefer to stay in this suburb. Lively and chirpy, that's how Northcote is to its residents with the never-ending rosters of cafes, bars and retail establishments to choose... View article »
Posted in Blogs on 2nd June, 2021

What to Look For When Purchasing an Apartment

 Well-configured floor plan Choose an apartment that has a well-configured floor plan. There are many apartments out there that really waste all the square meterage inside the apartment. They say it's 80 sqm, but the liveable area is more like 65 or 70; hallways stay clear, study nooks stay clear. Choose an apartment where every sqm is being utilised. Owner corporation fees Keep an eye out for the owner's corporation fees. This is an ongoing expense that you're going to be paying throughout the ownership of the property. Make sure it's as little as possible in the beginning because it will increase over... View article »
Posted in Blogs on 25th May, 2021