Posts Tagged ‘Property Industry’

Reflection on the Property Market 2020

When we reflect on the year now gone, one of the biggest questions many economists and property analysts have asked, and addressed – is why didn’t the Australian property market crash in response to the global pandemic?

When the COVID19 outbreak began, the headlines were filled with doom and gloom as we headed to our first recession in over 28 years…yet somehow the property market has pulled through remarkably well, and … Read the full post »

HomeBuilder Scheme Extended

On Sunday November 29, the Federal Government announced the extension of the HomeBuilder program from January 1, 2021 to March 31, 2021.

HomeBuilder provides eligible owner-occupiers (including first home buyers) with a grant to build a new home or substantially renovate an existing home. HomeBuilder assists the residential construction sector by encouraging the commencement of new home builds and renovations.

Changes to the HomeBuilder program include:

A $15,000 grant for building contracts … Read the full post »

Timing is Critical: The Window of Opportunity

There has been a significant amount of commentary around the Australian property market in 2020 in the context of COVID19, and many attempts to predict what’s around the corner in 2021.  One thing that is clear is that many of the dire predictions about the Australian property market falling off a cliff, just have not come to fruition.  Despite coronavirus lockdowns, recession, and rising unemployment – our property market has … Read the full post »

Change of Name on Property Contracts

There are occasions when after a contract is executed, the buyer wishes to change the name; for example – the buyer decides they now want to purchase in the name of a company or trust instead of an individual, or the buyer wants to remove or add the name of a spouse or partner.

Reasons for this are varied and can be driven by professional advice from an accountant or solicitor, … Read the full post »

Winter Outlook for Property Market

According to some leading property analysts across the nation, and indeed many agents experiencing a surge in enquiry as the COVID-19 restrictions ease; this winter could prove a more active market than anticipated.

The spring season is normally the most popular time to sell homes, with the weather warming and gardens in full bloom; however, confidence is starting to trickle back into the market, as many are now seeing some light … Read the full post »

Open Homes Back on the Agenda

Firstly, we hope that all the mothers out there had a wonderful mother’s day and got the opportunity to spend time with your family, if possible; or at the very least have some contact via social media interactive platforms like Zoom or facetime, or a telephone call.  It is very important that we all stay connected with our loved ones, despite the challenging environment we are currently living in.

From last … Read the full post »

COVID-19 and The Real Estate Industry

Amid the spread of coronavirus, the past few weeks have seen increased expectations of an Australian recession, a slowdown in business activity and trillions of dollars wiped off global share markets. It has many asking what the impact of the coronavirus would be on Australian residential property.

Australia’s leading real estate researcher and analyst CoreLogic explores fundamentals of housing to better understand outcomes in the current climate. It has found:

Housing … Read the full post »

COVID-19 – Is it affecting the market yet?

Right now everyone is asking us how the market is being affected by COVID-19 and if it is a good time to sell or whether buyers have pulled back. Since Saturday, we have put three of our current listings to contract. If you were considering selling in the next few weeks or months, we would recommend to do in now as we have active buyers looking to buy right away.

At … Read the full post »

Consumer Beware!

When it comes time to choose an Agent to sell your property, there are various traditional ways of sourcing the Agent – from seeking referrals from trusted others who have used their services in your area, contacting them direct for an appraisal, and attending open homes in person to compare how competing Agents operate; these all generally work well, as you have personally done some research, that excludes vested interests.

However, … Read the full post »

Investor Alert! Proposed Changes to Queensland Rental Laws

Last week the Queensland Government Minister for Housing and Public Works, Mick de Brenni announced Stage 1 of proposed rental reforms that would significantly change Queensland’s rental market, that could potentially impact on the existing rights of landlords.

There is a range of reforms proposed including:

Abolishment of a landlord’s right to not review a tenancy agreement at the end of its agreed term;
The loss of a landlord’s right to … Read the full post »

Listings Shortage

With the onset of spring just a few sleeps away; there is a swell in the volume of enquiry leading up to the traditionally busy ‘selling season’. As a result, we are urgently seeking additional listings to meet demand, as stock has noticeably tightened – and not just here in this region, but nationwide.

CoreLogic, Australia’s leading real estate analytic and data group, have published figures demonstrating that listings are languishing … Read the full post »

Meth Labs & Property Rentals

Not a pleasant topic this week; but one that is increasingly real across the nation – methamphetamine laboratories in rental properties – these labs have been found in the poorest and wealthiest of suburbs, it is not only a blight of lower socio-economic areas, it could be your rental property!

The REIQ (Real Estate Institute of Queensland) have recently published a report about this growing problem; not to scare, but to … Read the full post »

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