News & Media

WHAT YOUR PROPERTY MANAGER SHOULD BE DOING FOR YOU ..


A property manager is responsible for just three major things: finding you a tenant, collecting the cash and carrying out regular inspections. Right?  Wrong, says Emma Gordon, who runs the property management division at Harcourts Victoria. She says property managers – or at least the good ones – now carry out tasks far beyond that. “The key is a property manager now needs to be a risk manager, to educate the landlord on how to reduce the risk of being ... Read More

USING YOUR NEIGHBOURS BINS


That’s either a lot of fibbing or a lot of insanely morally upstanding citizens, who are more than welcome to kick out my neighbours and move in next door to me. You’re not getting away with it Sharon, I don’t even drink red wine. But really, who among us hasn’t chucked a sneaky pizza box or two in a neighbour’s recycling bin? Or thrown a last minute garbage bag into any accommodating wheelie bin on the street? Apparently just me, and I will abso ... Read More

WHICH SUBURBS HAVE SEEN A MILLENNIAL POPULATION BOOM?


Generation Y, or millennials as they are commonly known, are the most talked-about generation when it comes to property. The group of roughly 25-34 year-olds is firmly in the first home buyer camp, where they face tough market conditions and criticism from baby boomers, and the occasional young property developer, for prioritising their smashed avo over saving. Millennials have a significant impact on the housing market, with governments offering incentives&nbs ... Read More

WHY RENT STRESS IS RISING IN AUSTRALIAN CAPITAL CITIES


D There are just four suburbs in Australian capital cities where a single person earning the minimum wage could afford to rent a unit without going into rental stress, new data shows. An analysis of median rent price for units in suburbs located in Australian metropolitan areas shows that most lower-income earners experience rent stress as prices are far higher than the minimum wage. Play Video Which suburbs are affordable for minimum wage earners? Rental stress is when an i ... Read More

CHOOSING THE RIGHT TRADESPERSON FOR YOUR HOME RENOVATION


One of the toughest things about renovating is finding great tradespeople or builders. Unfortunately, problems with tradies and builders can range from not getting back to you on time to inflated quotes and everything in between. And the problems don’t stop there; shoddy workmanship or jobs that go weeks over promised time frames can really put a dent in your budget. Finding the right team of tradies can be the difference between your renovation being a s ... Read More

MANY SYDNEY FIRST HOME STILL BANK ON MUM & DAD


FIRST homebuyer incentives don’t start until July 1, but the government’s plan is already having an impact at auctions across Sydney. Yet in the inner city, it’s business as usual: many will continue to have to rely on the Bank of Mum and Dad. The incentives offer first homebuyer exemptions from stamp duty for property priced up to $650,000 and discounts on property up to $800,000. But many homes go for much more than that close to the city.  The townho ... Read More

NSW GOVT ANNOUNCES HOUSING REFORMS


The state government has today announced a raft of measures to improve housing affordability including scrapping stamp duty for first home buyers and taxing foreign investors. For first home buyers, the NSW government has unveiled a comprehensive package that will abolish stamp duty on new and existing homes up to $650,000 and provide stamp duty relief for homes up to $800,000. Insurance duty on LMI will also be abolished, while the government will provide a $10,000 grant for ... Read More

FIRST HOME BUYERS ARE STARTING TO WIN AGAINST INVESTORS


THE tide is starting to turn in first home buyers favour against investors from Parramatta to Potts Point. And agents say almost all of the extensive interest in a revived burnt-out two-bedroom Surry Hills terrace up for auction this weekend is coming from first home buyers. It was hot property when it sold for $911,000 a year ago in more ways than one. A fire department spokesman confirmed that two people had to be rescued, with one taken to hospital by ambulance. The builde ... Read More

7 SIGNS ITS TIME TO UPSIZE FAMILY HOME


Starting to feel like you and your family are living on top of each other? Check out these seven signs it may be time to upsize the family home. It’s 7am on a Monday morning and already your house is in chaos. The kids are squabbling over who should shower first, and you’ve tripped over a wayward basketball twice. While some homeowners make a conscious decision to upsize the family home, others put it off for as long as possible. Unfortunately, this can have disas ... Read More

HOW TO CHOOSE YOUR HOT WATER SYSTEM


It’s the big debate that never seems to end: Do you go electric, gas or solar with your hot water system? People love to argue their point, whichever way they swing. As a plumber, it’s been a constant talking point that seems to stem from one main concern: Which is more cost effective? Now to give all you non-plumbers out there a quick overview, the life expectancy of your hot water system (HWS) is – generally speaking – about ... Read More