House Flipping. Are you at risk of overcapitalizing?
Many owners assume that investing a large amount of time, effort, and money improves their property value. However, the work completed on a property to increase the value does not always fall in line with the amount spent. What is flipping? Flipping houses is not a new concept. It’s been done well before shows like…
Prettifying your property
First impressions really do count! When it comes to buying a house, people will form up to 80% of their opinions within the first few minutes of entering a property and a poor first impression will take an astonishing length of time to rectify. A property shouldn’t just look neat and tidy, it should also…
Out with the mould and in with the new…
Whether its summer or winter in Brisbane we cannot seem to escape the dreaded mould spore. But with the onset of winter it is timely to think again about how to prevent a costly and unhealthy problem for your rental property. Depending on its extent, fixing the problem can involve anything from wiping the surface…
It’s all in the Nundahs
The suburb of Nundah is a socialite’s dream. With plenty of vibrant cafes, bars and shops to choose from, the gentrification process that began about a decade ago has slowly been pushing housing prices up. Nundah’s median house price increased by 2.2% last year to $685,000 which is fantastic, and it’s not too late to…
Tell me lies, tell me sweet little lies….
Just don’t tell me the two most common lies of real estate. When a sales agent is asked to price a property for market, they know they must impress the owner in order to obtain the listing. After all, first impressions are everything in a cutthroat industry like real estate. But it is a fine…
The Property Market Crash?
There has been ‘talk’ ever since I can remember about how and when the property market will crash here in Australia. But contrary to popular speculation this is highly unlikely to happen because of the key crises which would have to take place in order to take down a property market such as ours. For…
EOFY Investment Property Sales
If you’re thinking of selling your investment property, the end of financial year is the perfect time to sit down and get your affairs in order. Start by calculating what the cost of keeping your investment might look like, it could help you decides to sell now or hold on to your investment. First think…
Clayfield’s 6 Biggest Sales – Sure to Impress!
9 Roseby Avenue Clayfield $1,203,500 – 18 Apr 2019 Built in the late 1890’s the 3 bedroom “Duntulm” is a delightful example of Victorian-era Grand Colonials. The previous owners were clearly enamoured with her romantic features as this was the first time the property had sold outside the family in 35 years! 10 Union Street…
Winter is Coming … Markets, Politics & Investment Blues…Come in From the Cold
Despite the drop in temperatures outside, it seems to us that there is a glimmer of warmth in the post-election investment property market. With proposed policies to wind back negative gearing & capital gains tax incentives, market instability, plummeting house prices, all central issues in this election cycle, there were some ‘icy road’ policies in play and it appears the Liberal…
My last auction – What actually happens at auctions
I recently attended my first property auction and I hope to God it is also my last. My grandmother has recently downsized and put her home of 40 years up for sale. The property was for sale with us for about 3 months by private treaty where it was listed for $1.2m. We didn’t find…