Advantages of Apartment living
August 6, 2011 by Tim
Filed under property market, Renovating
Melbourne has an apartment building boom under way. Lots of quality and convenient apartments are being built in the inner suburbs and along transport corridors. Some people think this might lead to a short term glut. But others say there is rising demand.
Below, I list some of the advantages of Apartment living.
1 Convenient to transport and entertainment 2 Lower maintenance costs, repair or cleaning costs
3 Less gardening,if any, certainly no lawns 4 Convenient to restaurants, cinema, shopping centre, and coffee shops 5 less cleaning and furnishing required 6 Potentially sell your car and just use public transport 7 Closer to Friends and family 8 A faster commute to work and the city 9 Better security in a secure community complex 10 The management agreement can have heavy annual fees, often, the older walk up units have much cheaper fees, as there is no lift maintenance.
If you like the idea of apartment living, below I offer some ideas to consider in your apartment selection.
1 Check out the quality of the builder and the developer, as they have built up certain reputations on prior projects, 2 Check access to local playground, parks, gardens and local outdoor areas, like the bicycle track, remember you have no garden, 3 Convenience to shopping, childcare, entertainment, swimming pool, library, 4 Is there good storage, such as, a secure cage area in the garage, 6 Check out the value against other new apartment blocks, 7 Views and balcony can be important, for a sense of space, 8 Compare the value of new apartments to older ones, which may have larger rooms and opportunity for renovation.
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Top Tips for Home Presentation
July 20, 2011 by Tim
Filed under property market, Renovating
Why is Home staging so important?
Well the home buyers are so influenced by the furniture and the emotional appeal of the home. 1 One can pay a modest premium, to gain a high ranking on the best property websites like realestate.com.au realestateview.com.au and domain.com.au it will be well worth ranking high on this new marketing medium.
2 Home Staging with the help of a professional, can put your home ahead of the competition. It can be inexpensive, at around $150, a good real estate agent should have contacts and may even cover this expense.
3 Check around with several Agents, in order to establish your confidence in their ability and their fees. An agent may pay half the advertising bill, given that advertising highlights his agency.
4 Make sure the advertising has an emphasis on photos, as buyers engage with photographs, in contrast to a large amount of written material.
5 These days a vendor, can make your own youtube video and have it linked to a website. Thus use the social media of facebook and others:this should even reach interstate and international buyers.
6 Simple things, like decluttering and hiring a storage shed to store all the surplus gear will allow your home to look bigger. Thus you remove all the personal photos and stickers on the fridge and childrens artwork, as buyers need to be able to see themselves living in the home.
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Population growth in Australia
June 7, 2011 by Tim
Filed under property market, Renovating
I am reading of the rate of immigration key factor in population growth for Australia, given births are relatively stable. From the Herald Sun, today, 7/06/2011. The immigration is a net
220,000 for 2007
315,690 for 2008
299,863 for 2009
230,000 for 2010
158,600 for 2011
181,400 for 2012
187,600 expected for 2014.
Clearly, after the boom years of 2008 and 2009, the net immigration rate has fallen dramatically, by close to 40%.
Now immigration is projected to rise modestly, the Rudd years of aiming for a “big Australia’
are gradually returning. No wonder the current home sales market is weak. I Argue, this is a temporary phase and home sales will recover within two years. The current growth shows an estimated Australian population at between 36M and 45M by 2056. The media is full of gloomy news of house prices, but I reckon it is a bit over done.The market is certainly weak, volumes of unsold homes is high. But, I can see this turning around, as less homes are built and migration rates increase. The prospect is for a fall in interest rates, as the consumers are too gloomy. Reference Herald Sun
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Golf club course housing estates.
June 4, 2011 by Tim
Filed under property market, Renovating
Melbourne has at least fifteen golf club estates for housing current or being built. Jeff Blunden, a property researcher, says, while these housing estates have been a great success. Into the fiuture, in practical terms no more will be built. The value of land has simply risen too high for a developer to make a good return. Few home owners may actually play golf, they like the peace,less neighbours and noise and the view over the golf course. One could say it is a bit like a great big backyard. Arguably, one of the most successful has been, Sanctuary Lakes, near Point Cook.
In the USA, people pay 30% to 50% more for a block on a housing estate. While, here in Victoria they can be bought at no premium to normal land. A 70 Ha golf course estate takes away 1000 blocks equivalent for housing.
Currently, land values vary between $280,000 to $1M a block for land on Golf course adjacent estates.One can still buy golf course adjacent land at Eyesenbury, west of Melton for $260,000. The prices at the Hunt club, near Cranbourne are OK too.
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Ideas for your garden/outdoor room,via easy home renovating
May 25, 2011 by Tim
Filed under outdoor rooms, property market, Renovating
Ideas for you garden and outdoor room will enhance the appeal of your home.
1 A well designed landscaped garden will add great value to a home, consider a professional landscape gardener.
2 Care should be made placing artwork within the garden, in order to optimise your garden features.
3 A practical outdoor room will have relaxing furniture including a suitable table, couches and chairs.
4 An outdoor weather proof rug will add comfort to an outdoor room.
5 A fire pit or outdoor heater will allow you to enjoy your outdoor room for an extended time and into winter.
6 An ethanol heater can be used either outside or inside your home, as they don’t need a flue.
7 A garden room screen, could be brushwood, Bamboo, glass, a metal sculpture or composite product.
8 Be aware of Bamboo in the garden as a feature plant, as it can grow out of control. It is a great screening plant and gives an Asian type effect, just keep it trimmed.
9 A new timber replacement product is a wood composite, futurewood, made from HDPE, hard wood flour, and rice husks.
10 Outdoor lighting is one way to enhance your enjoyment of a garden or outdoor room.
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