Archive for the ‘Blogs’ Category

Suburb Profile: Reservoir

Just 10KM away from CBD, Reservoir is a community of mixed ages and life stages. It is known for being the ideal place for professionals and families with kids alike. The beautiful period houses add up to the charm of this suburb.   High Schools Reservoir High School Reservoir High believes that diversity adds to the richness and quality of the students’ educational experience. William Ruthven Secondary College William Ruthven Secondary College is a single campus, co-educational secondary college, catering for Years 7 to 12.   Primary Schools Holy Name Primary School Holy Name Primary School was originally staffed by the Sisters of the Good Samaritan. Currently... View article »
Posted in Blogs on 17th January, 2022

Rental Law Changes: 5 Most Important Things You Should Know

Here are the five biggest rental law changes you need to look out for before you sign your rental agreement. Rentals at a fixed price The first change is rentals can now be offered at a fixed price. Rental providers and agents cannot invite rental bids for higher rent. Property status disclosure Before signing a lease, the rental provider must disclose to a renter if the property is up for sale. This is done verbally and with Consumer Affairs Victoria. Pets The third rule change is pets now cannot be unreasonably refused. This means renters will, in many more cases, be able to bring their pets.... View article »
Posted in Blogs on 1st December, 2021

Why is my property not selling (Part 2)

Previously, we have discussed the reasons why your property may not be selling and some cosmetic tips to follow. If by some reason, you still find your property sitting in the market for a couple of more days, there may be a few more things to consider. The price may need some reevaluation It is most likely that you have checked the prices of the properties sold around your neighbourhood. Although that helps, it is also important to consider the combination of a few factors: the market condition, the condition of your home and your circumstances. Is today's market a seller or... View article »
Posted in Blogs on 29th November, 2021

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