home valuation Archives - Page 1

7 Quick Renovation Projects That Add Value To Your Home

add value to your homeAt some point you may want to sell your current home or investment property. We all want to maximise the value of our homes.

It might be surprising to know that there are some renovation projects that can decrease your home dramatically. Hopefully, you still have not done any of these things.

Luckily, if you are thinking about improving your home, there are some renovations that can increase your home’s value quite significantly. Let’s have a look at what those are.

At the end of the article I will also share with you the biggest value killer.

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Home Price Growth In Sydney Continued in June 2017 – and Beyond?

Sydney's Eastern SuburbAs we reached the mid-year mark, home prices in Australia’s biggest cities continued to rise.

This is according to a report written by David Scutt for Business Insider Australia, who notes that: “Prices in Sydney, Melbourne, Canberra and Hobart all screeched higher, logging gains in excess of 2%, while those in Perth jumped by 1.4%,” based on statistics released by Corelogic for their Hedonic Home Value Index.

This is encouraging news for all investors and home owners. But what about the future?

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What Is Your Most Important Retirement Asset?

most important retirement assetA recent article by News.com.au really caught me by surprise.

In the article, the MLC Quarterly Australian Wealth Behavior report/survey suggests that most Australians think they need about $818,000 in savings and investments to retire. However most people expect to only have $557,000 available to them when retirement comes – a clear shortfall.

So why am I surprised? Because according to the article, Australians are forgetting to factor in their most important retirement asset.

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12 Factors That Affect Property Prices

property pricesAs investors, our greatest aim is to keep diversifying our portfolio. Diversification can help absorb losses made on a particular property better. Ideally, every seasoned investor wants to have a very high ratio of profitable properties in his/her portfolio mix. However, is it an easy goal to attain, especially when there are so many factors that can test the property market economy?

Find out some of the major factors that will affect your property investments, including one that is regularly overlooked by most.
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How Insurance can See You Through household disasters

theft insurance“Life is what happens to you while you are busy making other plans”. While there are many bright flashes and silver linings all through life, there are also the gloomy alleys that we have to travel through. And, if things can go wrong they probably will at some stage or the other. So how do you prepare yourself for the unforeseen if you are a property investor or an owner-occupier?
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The Top Six Deciding Factors For Your Dream Home

living room layoutWithout building any background for the article, let me quickly take you on a trip of six deciding factors for your dream home.
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The Question of Land Content Value of an Apartment

apartment unitsWe know the grind- land can only appreciate in value because “they are not making any more of it”. This makes the detached houses the traditional favourites (still going strong) of the property investors; after all, they have a redoubtable underlying land value. This said, how does the situation play out in the case of apartments?
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Are House Prices Turning Unaffordable?

unaffordable homesHomes haven’t become any unaffordable but the real estate story is turning out to be a dismal one for the first home buyers. They give an impression of being squeezed out of contention by the investors.
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Value Growth Close to Unsustainable levels

growth rateIn the property cycle which commenced in the month of June 2012, prices have attained really high proportions in the last 9 months or so. An article on the website Smart Property Investment talks about how Sydney has superseded its previous peak by a staggering 15.8%.

Experts however opine that such rate of growth is bound to come down-  eventually settling for a more sustainable percentage. The RBA will be tempted to push up cash rates if capital gains persist in the way they are.

This said, March performances need not be given too much emphasis as the month, along with September, has historically been the best months for the real estate.

You can read the original article here.

At what percentage do you foresee value growth settling down?

Reasons Behind the Property Investment Upswing

Property investmentAustralian property investment scenario is on an upswing, driving investment punters upbeat. According to the latest survey by Comm Bank, the country’s Real Estate picture looks green, reports an article on the website news.com.au. This has been largely possible through the fortunate merging of several positive factors.
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