Archive for January, 2015

Changes to NSW home building legislation

For those building or renovating a property, be aware that the NSW government has made some major changes to home building legislation.

The Home Building Amendment Act 2014 and the Home Building Regulation 2014 contain over 50 alterations, which will commence in two stages. Changes to licensing, owner-builders, home warranty insurance, and processes surrounding defects, warranties and disputes began on January … Read more »

How much do you know about strata schemes?

With the Sydney population exploding, multi-unit apartments are becoming ever more popular for buyers in the city. Residents shouldn’t be surprised to see an explosion in the number of strata communities coming up.

Given this fact, getting yourself up to speed with the basics of strata schemes is vital. In the following article, we’ll answer some of the most common questions … Read more »

All signs pointing up for the NSW economy

CommSec’s latest “State of the States” report for January 2015 shows that New South Wales has topped the economic performance rankings for yet another quarter, displacing Western Australia at the top of the table. It now shares equal first position with the Northern Territory, as strong performances in the housing sector continue to buoy retail spending.

CommSec analyses a wide variety … Read more »

Navigating the world of auctions

Auctioning is one of the most popular ways to buy or sell a home. Despite this, your average buyer or seller doesn’t tend to know a terribly large amount about the process. No matter what side of the fence you’re standing on, it can’t hurt to get yourself up to speed with some of the basics.

What’s a reserve price?

The reserve … Read more »

South West rail link to open ahead of schedule

In exciting news for Sydney commuters, NSW Premier Mike Baird and Minister for Transport Gladys Berejiklian have announced that the South West Rail Link will open for commuters on February 8th this year Рa full year ahead of schedule.

The South West Rail Link was undertaken in August 2009 in response to issues surrounding the reliability and passenger capacity of public transport … Read more »

The outer fringe is in for investors

In a year of disappointing rental returns for Sydney’s traditional boom suburbs, there is a shining light as the new year progresses. According to a CoreLogic RP Data report for 2014, regions on the outer fringe yielded encouragingly high returns on houses for investors, pointing towards a profitable 2015 for those looking to explore options beyond the city limits.

With 66 … Read more »

A brief guide to becoming a tenant

Rather than becoming home owners in their own right, many Australians elect to become tenants and rent out another’s property. The reasons for this can range from financial motivations to lifestyle wishes.

If you’re set on taking this course, it helps to have some common points of confusion sorted out. Here is a short guide to what you need to know … Read more »

What can I do to improve my property’s kerb appeal?

Making the right first impression is essential when selling property, which is why your home needs to have the best kerb appeal for miles around.

It might surprise you that just some simple changes can make a big difference to how your property is perceived, potentially moving it higher up buyers’ wish lists.

This is true whether you’re hosting an open inspection … Read more »