Whether you’re an investor or owner-occupier, the costs of home ownership don’t end at settlement. Home owners should expect to pay several thousands of dollars in maintenance and bills each year, but unanticipated expenses can throw a spanner in the works. Fortunately, there are ways to minimise many continuing costs of property ownership by choosing …
Property prices may be falling across Sydney, but the city’s most popular suburbs are still out of reach for many. Of the most searched suburbs in Sydney, many have a median house price above $2 million and an apartment median above $900,000. Paddington, Mosman, Manly and Coogee were among the most popular suburbs searched on …
The fiasco with Sydney’s cracked Opal Tower apartment block as well as volatile prices in the unit market is enough to scare off any potential buyer. How can you buy a unit and get it right? Lauren Goudy, buyer’s agent with Rose and Jones, shared her advice on avoiding the common pitfalls and getting the best deal on …
As difficult as it can be, compromise is an essential part of the home-buying process. Few of us have bottomless pockets, and in expensive capital cities, finding a home that ticks every box while coming in under budget is near impossible. Compromise doesn’t have to mean settling for a house you don’t want. “I always …
While ‘renovator’s dream’ is often interpreted as real estate-speak for ‘run down mess’, such homes can actually have unrealised potential. When hunting for real estate, it’s tempting to purchase a property in a pristine condition ready for you to move right in, but sometimes it’s best to fight your initial reservations and be a little …
Waiting for the Sydney market to drop before buying? One buyer’s agent says in doing so, you’ll be doing more harm than good. By playing the waiting game, investors can traditionally buy into a market when it reaches the downturn of its cycle. However, Lauren Goudy, buyer’s agent of Rose & Jones, said those who …
Sydney’s year-on-year house price growth has stalled to a 15-month low as a triple whammy of lending restrictions, increased building supply and first-home buyer concessions sparked price falls in pockets of the city. The city’s median house price increased by just half a per cent over the December quarter, to $1,179,519, according to the latest Domain …
In a hot market, many vendors prefer selling at auction as it’s perceived to be the most effective way to get the highest price for a property. For buyers, auctions can be high-pressure situations where it’s easy to get swept up in the drama – and if you’re not careful – pay more for a property than you …
DEMAND from downsizing empty-nesters is pushing up prices for quality apartments in Sydney’s exclusive eastern suburbs, agents say. A stylish Art Deco unit in Double Bay sold for $2.375,000 on Saturday— $475,000 above its reserve price — through Sothebys agent Chris Helich. The auction was one of 532 held around Sydney. With 341 of the …
BUYING a house is the biggest transaction most people make; but unlike house sellers, buyers are mostly unrepresented. “It is an unusual situation where two people come to an agreement but only one (the house seller) has representation,” says Byron Rose, chief executive of Sydney-based buyer agent Rose & Jones. That’s starting to change with …
