Positive results on Saturday 5 May. In addition to a number of private inspections, our team had 27 separate groups through our open homes at Regents Park, Heritage Park, Boronia Heights and Greenbank. Three properties went under contract on Saturday alone, with one of those being a multiple offer situation which saw three Buyers submit serious offers.

There are many reasons why homeowners may choose to change their current principal place of residence (PPOR) into an investment property. Perhaps they are looking to upgrade to a larger – or perhaps downsize to a smaller – model, and wish to retain the original property as an investment, or maybe they have been geographically relocated due to work obligations. Regardless of the reason, there are numerous factors that homeowners, and subsequent investors, should be aware of when making the switch, especially in regards to tax.

To start with, let’s clarify exactly what the two

Q. Is it that important to declutter my home before I put it on the marker for Sale? After all the people know we are going to be moving and need to pack.

Q. What’s the best way to declutter my home before I show it to potential buyers? Can I leave packed boxes in a corner or do I need to move things into storage?

A. Even if your house hasn’t been featured on “Hoarders,” making an effort to clear out clutter and to ensure that your home is as neat and tidy as possible before opening your door to buyers is common advice in real estate circles. And for good reason confirm the Sales Team

PROPERTY investors will spend countless hours poring over real estate data, grilling agents about the ins and outs of a particular market and reading a small library of advice books when choosing a property.

But many then fail to pay proper attention to securing the services of a professional property manager.
A poor property manager can cost landlords thousands of dollars each year through poor tenants, lost rental income and failure to keep up with maintenance and repairs.

Once the poor cousin of a real estate agency’s sales division, property management has emerged as a specialist sec

THE Real Estate Institute has warned homeowners to keep up to speed on the tax laws after one homeowner was hit with a surprise land tax bill of $14,000.
Real Estate Institute of Tasmania president Martin Harris said the property owner had left the home to go interstate for family reasons but did not want to leave their home vacant and insecure for insurance and peace of mind reasons.

“Friends stayed at the property for a nominal rent and did the right thing by completing a rental bond form,” he said.

“After a six-month period the owner was promptly billed land tax for over $

THEY are often accused of wanting it all now, so how can members of Generation Y save a deposit for their first home?

Resi Mortgage Corporation chief executive Lisa Montgomery says with a plan of attack, it is possible.

Firstly, put aside the flash car, latest mod-cons and lavish trips overseas.
“If you are a first-home buyer and you are really serious about what you want to achieve financially, it’s best to take a really good look and do a personal audit on what your incoming and outgoing costs look like,” Montgomery says.

“If moving home is an option, move home. If it

Have you ever noticed that regardless of which particular industry caused a nation to prosper at any given time, the wealth of a nation always ends up sitting in its residential properties? It has been estimated that around 70% of an industrial nation’s wealth exists within its residential properties. You can test this yourself, by looking around at 10 of your friends and family and see where their wealth is. You will quickly discover that the majority of their wealth is in their home, regardless of what line of work they do. History reveals you will see new industries come and go, in cy

The Reserve Bank of Australia board has cut the official interest rate by 25 basis points to 4.25 per cent, giving mortgage holders and borrowers a chance of a pre-Christmas reprieve. Now lets hope that all lenders pass on the full interest rate cut to their clients.

Next time you are making a cup of coffee in the morning, spare a thought that you are dealing with a potential fuel of the future.

It’s not just aroma – in Britain, engineers have built a car that runs entirely on coffee beans and broke the world speed record for a car powered by organic waste.

In September, a modified Rover SD1 averaged 66.5mph at the Elvington Race Track near York, smashing the previous record of 47mph achieved by a US team that built a car fuelled by wood pellets.

Engineer Martin Bacon, with the Teesdale Conservation Volunteers of Durham, stripped out the old car and re