In the second of our video series about the essentials of what is involved in buying property off the plan, we cover some of the risks of buying property off the plan. If you watch these videos you will have a great understanding of what it means to buy property off the plan and how [...]
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The latest advice from one of Australia’s leading superannuation industry members is that Australians who believe $1 million is enough for a comfortable retirement are in for a rude shock. Superannuation industry veteran and chairman of retirement income at Challenger, Jeremy Cooper, said if the typical $1 million nest egg was used to buy a lifetime income in [...]
A common trait of wealthy people is that they own real estate. They don’t rely on shares alone to maintain or grow their wealth, they look to property. But for many people investing in property seems risky, scary and just too hard. But it should be a part of your wealth accumulation planning. Wouldn’t it be [...]
An article in the weekend Age paper outlined that real estate agents are saying Melbourne’s property market has turned, with the eastern suburbs now experiencing boom sales conditions, and buyers are struggling to buy the properties they want. According to their own analyst Dr Andrew Wilson, sellers were enjoying Melbourne’s best market in four years, [...]
Children’s storybook characters including Paddington Bear, Minnie Mouse and Alice in Wonderland are expected to make appearances during next week’s Celebrate Mooroolbark festival. Storytelling will be a central part of the two-day festival, with sessions scheduled at the community centre auditorium and a visit by well known author-narrator Stig Wemyss. The festival kicks off with a [...]
The upgrade of the Mooroolbark train station has been completed, and it is looking fantastic. The new station entrance leads directly to the Brice Avenue pedestrian crossing, integrating the station with the local street and shopping area. Construction on the station upgrade, part of the Mooroolbark Community Hub project, began in August 2014 and was completed [...]
If you buy or live on a block of land that has multiple residents then it is likely that an owners corporation exists to manage the shared land or property among the owners. Owners corporations can exist to manage large apartment complexes or blocks of land that have three homes on them. Owners Corporations (OC) [...]
Stamp duty is basically a tax on your property purchase and is often the biggest cost of buying a home. However, clever property buyers know that many state and territory governments offer stamp duty savings or concessions for some properties including off the plan homes. Generous grants are also available to first home buyers to [...]
For many people buying off the plan is a new experience with a sense of the unknown. However, with an understanding of the four basic steps involved in buying off the plan it can be quite simple to buy a new home that you will love. The four basic steps when buying a home off [...]