We thought you might get kick out of this. This Elsternwick home is getting a lot of attention in the media, and for all the wrong reasons. Check out the photos and see for yourself what all the fuss is about. Whilst we don’t know the story behind how this property, we do know how to prevent this occurring in your own investment properties. Thorough tenant screening – references, online background checks, financial affordability, employment & tenancy history...
Equity. We hear this buzz word in the property market every day but what does it actually mean, do you have any and if so, how can you get your hands on it!? Equity is the difference between the value of your asset and the value of your loan. For example, if you bought a car for $15,000 but you owe $5,000 on a car loan, you have $10,000 in equity. The same rule applies to property. You may have owned your property for a long time, recently purchased in a high growth area, or completed...
Median home values around Australia have been mixed across the major cities in 2018. We're taking a look at recent median home value figures and how property has performed in the year to date. Property prices around Australia's major cities have continued to decline in recent months. A recent CoreLogic report revealed that median home values around Australia decreased by 0.1% in late-August. This figure, coupled with continued decreases in median home values in previous weeks made recent...