GUEST BLOG: How to keep your home and garden clean and eco-friendly

GUEST BLOG: How to keep your home and garden clean and eco-friendly

If you’re looking to simplify your life in the greenest way possible, your efforts should begin at home. Your home and your garden are your sanctuary (and possibly your sustenance). Transforming the way you treat these spaces, reorganizing them, and giving them the attention they need can help you effectively run a well oiled eco-friendly machine. Are you giving your space the time and attention it deserves?

Read more...

Housing prices over the last 25 years - what's happened?

Housing prices over the last 25 years - what's happened?

Over the past 25 years, the median house value nationally has risen by 412%, or $459,900.

Twenty five years ago, the median house value across Australia was just $111,524 and units showed a slightly higher median value, at $123,840.

Since 1993, median house and unit values have increased by 412% and 316% respectively, providing home-owners with a significant wealth boost.

The capital gain over the past 25 years equates to an annual growth rate of 6.8% for houses and 5.9% for units and in dollar value terms.

The median value of the typical Australian house has risen by $459,900 since 1993 and unit values are $392,000 higher.

But, as always…long term annual capital gains have been reasonably diverse across the capital cities, with growth in house values ranging from 5.9% per annum in Adelaide and Brisbane to 8.1% in the Melbourne property market.

Across the capital city unit markets, annual growth rates have ranged from 4.1% in Darwin to 6.6% in Melbourne.

In dollar terms, the Sydney property market stands out, with the average annual increase in house and unit values equating to $34,426 and $23,594 per annum respectively over the past twenty five years.

The diversity in growth rates over a long period of time highlights the cyclical nature of the housing market, with dwelling values rising at different speeds from region to region and period to period.

For example, despite the Brisbane housing market recorded one of the lowest rates of annual capital gains, the period between 2001 and 2004 saw Brisbane house values rising at more than 10% per annum; the lower rate of long term growth is largely attributable to softer conditions since 2010.

Demonstrating the difference in values between now and 25 years ago, in 1993, 98% of all house sales nationally transacted at a value under $400,000 and only 0.2% sold for more than $1 million.

Over the past twelve months, only 29% of houses nationally sold for less than $400,000 and 16% sold for at least $1 million.

Across Australia’s highest priced capital city, Sydney, twenty five years ago only 0.8% of houses sold above the $1 million mark, whereas over the past year 50% of all house sales had a price tag of at least $1 million.

 

What could the future hold?

If property prices were to rise at the same rate as the past twenty five years, Australia’s median house value would reach $2.9 million by 2043.

While the past isn’t always the best predictor of the future, it’s a worthwhile benchmark to consider where housing values may be twenty five years from now.

Based on national house values rising at the annual rate of 6.8% per annum over the past quarter of a century, in 2043, the national median house value would be approaching the $3 million mark ($2.93) and the median unit value would be just over $2.1 million ($2.15).

 

While it’s hard to fathom, if we saw the same rate of capital gains as what was recorded over the past twenty five years, Sydney’s median house value would be $6.35 million in 2043 and the typical unit would be worth $3.47 million.

Melbourne’s median house value would be approaching $6 million ($5.82) while the median house value in Brisbane would be $2.24 million.

Obviously these simple extrapolations don’t take into account how economic and demographic conditions might play out over the next twenty five years or how housing demand and supply may evolve; so there is a real possibility that housing trends and growth rates could look remarkably different to what we’ve seen over the past twenty five years.

Some more interesting findings from the Aussie Homes Loans Report:

Strong housing market conditions have boosted household wealth over the past quarter of a century.

The housing market has shown some extraordinary changes over the past twenty five years, with conditions moving through five distinct growth cycles which have pushed national median house values 412% higher.

Over the same period, the ASX All Ordinaries index has risen by a substantially lower 261%.

While value growth has been remarkably diverse across the country, over such a long period of time, the cyclical differences in value growth and turnover have washed their way through the statistics.

Each of the capital cities have recorded annual growth in house values ranging from 5.9% to 8.1% over the past 25 years, while regional markets have generally shown a slightly softer outcome.

Twenty five years ago the typical house value nationally was just $111,500 and since that time values have risen by an average of 6.8% per annum to the current level of $571,400.

The typical Australian property owner who has held their house for the past 25 years would have seen an average dollar value increase of almost $18,400 per annum.

Of course, different regions have seen housing conditions track at different speeds.

The largest annual increase in housing values within a capital city over the past twenty five years has been in Melbourne where values have increased at the annual rate of 8.1% per annum.

Over the past twenty five years Melbourne house values have moved through seven periods where annual capital gains exceeded 10% per annum.

More recently, the Melbourne housing market has been in a mild downturn, highlighting that property values don’t always rise, but over a long term the cyclical nature of housing markets will typically provide a wealth boost.

Conversely, the lowest long term capital gains have been in Adelaide and Brisbane, where house values have risen at the annual rate of 5.9%.

The diversity in growth rates over a long period of time highlights the cyclical nature of the housing market, with dwelling values rising at different speeds from region to region and period to period.

For example, despite Brisbane recording one of the lowest rates of annual capital gains, the period between 2001 and 2004 saw Brisbane house values rising at more than 10% per annum; the lower rate of long term growth is largely attributable to softer conditions since 2010.

 

The average mortgage size has grown roughly at the same rate as housing values

With dwelling values moving higher, the average loan size has also shown a substantial increase.

In 1993 the average owner occupier loan size nationally was $81,500 and the figure has since risen to $388,100; an increase of 376%.

Twenty five years ago, borrowers in the ACT were holding the largest loans, averaging almost $97,000, however in today’s market the largest average loan sizes can be found in New South Wales ($445,500) and Victoria ($400,200).

Mortgage rates have reduced significantly since 1993.

Twenty five years ago mortgage rates were moving lower from their record highs.

Variable mortgage rates peaked at 17.0% in March of 1990 and by first quarter of 1993 they had reduced to 10.0%.

Today, the standard variable mortgage rate sits at 5.2%, the lowest rate since the 1960’s.

Mortgage serviceability rates have improved thanks to historically low interest rates, however affordability challenges remain.

The proportion of annual household income required to service a mortgage (based on a 20% deposit, a 25 year principal and interest mortgage and the average discounted variable mortgage rate) is currently tracking at approximately 36% compared with a recent peak of 51% of annual household income being dedicated to servicing a mortgage in June of 2008.

Although CoreLogic serviceability measures don’t extend back twenty five years, sixteen years ago, serviceability measures were lower despite mortgage rates being approximately 130 basis points higher.

With dwelling values rising most substantially in Sydney and Melbourne over the past two growth cycles, households are dedicating a larger portion of their annual incomes to servicing their mortgage repayments.

Households in Sydney are generally dedicating the largest proportion of their annual incomes to service a mortgage (49.3%) with Melbourne close behind at 42.6%.

Affordability is still a significant issue

The dwelling price to income ratio rose to new record highs in 2017 due to housing prices rising at a faster pace than household incomes.

This worsening trend in affordability was largely driven by the largest capital cities, Sydney and Melbourne, where housing values have shown the most significant increase.

Sydney’s dwelling price to income ratio is now tracking at 9.3, which means the typical Sydney dwelling now costs 9.3 times more than the median annual household income.

Affordability pressures are likely to be most pronounced across those segments of the market who have tighter budgetary constraints such as first time buyers who haven’t had the benefit of accruing equity in the housing market, and low income households.

Nationally, in order to raise a 20% deposit to buy a dwelling, households would need to dedicate an average of 134.5% of their annual gross income.

The proportion of household income required for a 20% deposit is substantially higher in those markets where value growth has been strongest over the past five years.

In Sydney, households would need to dedicate an average of 185.1% of their annual household income to raise a 20% deposit, while in Melbourne the figure is slightly lower at 159.7%.

Based on these numbers, households will generally require several years to raise a 20% deposit.

Anecdotally, more first time buyers are seeking assistance from benefactors such as their parents or siblings in order to enter the housing market with as large a deposit as possible.

First homebuyers make up a smaller component of housing demand

As dwelling values have shifted higher and affordability has become more challenging, first home buyers have found it harder to participate in the market.

Twenty five years ago, first time buyers accounted for approximately 22% of all owner occupier housing finance commitments.

While that proportion remained reasonably consistent until the year 2000, first home buyer participation in the market has generally been in decline since that time.

The exception has been periods of first home buyer stimulus, where grants and stamp duty concessions have been generous, first time buyer numbers have surged.

The current statistics indicate that first home buyers represent 17.4% of all owner occupier housing finance commitments, rising from a recent low point of 12.9% in late 2015.

Recent stamp duty concessions in New South Wales and Victoria have been a key driver of the rebound in first home buyer participation, while every state and territory has some form of incentive available for first home buyers, typically with greater incentives available for those building or purchasing a new property or those purchasing outside of the capital city.

Investors have become a larger component to housing demand

Investment trends have generally moved in the opposite direction of first home buyers, with investors becoming a larger component of housing demand over the past twenty five years.

In 1993, housing finance commitments for investment purposes accounted for only 20% of the market.

Fast forward to 2015, and investors as a proportion of housing finance reached an historic high, comprising 55% of the value of all new housing finance commitments.

Since that time there have been regulatory changes imposed by the prudential regulator, APRA, which has slowed investor participation in the market.

The latest data to March 2018 shows investors still comprise 42.8% of mortgage demand, more than double the proportion from twenty five years ago.

Urban density has increased as our population grows

The growth in property values over the past twenty five years has happened against a backdrop of ongoing densification across the capital cities, with higher density housing stock rising in prominence due to changes in town planning policies, changing consumer preferences and affordability factors.

Twenty five years ago, only 22.7% of all dwelling sales nationally were for units.

In today’s market units comprise 29.6% of all sales and in some cities where the densification trend has been more pronounced, higher density dwellings account for more than 40% of all sales.

Another example of the densifying urban landscape over the past twenty five years has been the reduction in vacant land block sizes.

In 1993 the average block size based on vacant lands sales nationally was 816sqm.

Developers have progressively reduced the typical block size over time to reach 541sqm in 2015 before land areas started edging higher to the current average size of 610sqm.

Across the capital cities, block sizes are generally smaller than the national average due to the scarcity of land and zoning regulations which allow for higher densities.

Adelaide and Perth show the smallest lot sizes, averaging approximately 379sqm and 375sqm respectively.

It’s still hard to imagine what property values in our future cities will look like.

If home values increase at the same annual rate as they have over the past twenty five years we will see a median dwelling value nationally of $2.9 million by the year 2043.

While that value looks astronomically high in today’s money, if the historic averages play out over the next twenty five years, Sydney values would be breaking the $6.3 million mark and Melbourne would be over $5.8 million.

One thing that is certain is that housing markets will continue to move through their cycles, with periods of growth, decline and steady values conditions.

History has shown that over time these cycles tend to smooth out the year to year volatility in growth rates.

A good example of this is the Melbourne housing market, which has shown the highest long term rate of capital gain, however house values in this city have been through five separate periods where values were declining on an annual basis over the past twenty five years.

Cities will continue to densify as the population grows and urban planning strategies seek to maximize the use of strategically located land and transport corridors, which means more Australians are likely to be living in higher density housing.

Innovative housing design is likely to increase in importance, with small living areas becoming more acceptable thanks to smarter design principles and better use of space.

With technology progressing at a rapid pace, there are likely to be more households taking advantage of flexible working arrangements where they can work remotely with rapid and reliable internet speeds, affordable telecommunications and less requirement to commute into a centrally located place of work.

This may see some housing demand deflected to the markets outside of the capital city boundaries where housing tends to be more affordable.

Additionally, with the eventual advent of driverless cars and rapid transit systems, commuting times from areas that were once considered to be outside of a comfortable travel range may become more popular with home-owners, thereby reducing demand to live close to the major working centres of the city.

There are likely to be a plethora of other evolutions in the housing market and housing demand that remain beyond the imagination.

It was less than ten years ago that the first iPhone was released and roughly twenty five years ago dial-up internet was only just becoming popular.

The likelihood is that advances in technology will continue to accelerate, promoting innovation in how we live and work.

Only time will tell, but the next twenty five years will certainly be an interesting ride.

But what we can be sure of is that the best investment locations will be in close proximity (say 10 – 20 km) to our 3 big east coast capital cities as the more affluent new generation of home buyers push up the values of well located properties, while the less affluent will be pushed further and further out from the main centres.

 

 
 
 
 
Read more...

Create a sense of harmony in your bedroom with Feng Shui

Create a sense of harmony in your bedroom with Feng Shui

You may be in the mood to spring clean your home, but instead of the usual process of decluttering your bedroom wardrobe, why not try some Feng Shui principles to create an inviting atmosphere?

Follow these simple tips to create an oasis in your home, for minimal cost and effort.

Read more...

GUEST BLOG: How to Earn Extra Money From Your Unused Driveway

GUEST BLOG: How to Earn Extra Money From Your Unused Driveway

GUEST BLOG: We all want to earn a quick buck without actually putting in a tremendous amount of effort or money into the endeavor. One of the best ways to do this is to find things that aren’t that used that much or are just lying around the house…

Read more...

How to choose the right agent
to sell your home
get it By Our Free e-Book right Now

<p>How to choose the right agent<br />
to sell your home<br />
get it By Our <span>Free e-Book</span> right Now</p>

What's the new median price for Perth and our other cities?

What's the new median price for Perth and our other cities?

The latest figures by the Domain Group came out today showing that all but three capital cities saw a decrease in median house price over the last three months.
The national median house price also fell by one per cent – that’s not terrible.
Let’s look at what Domain’s June 2018 Quarter results show

Read more...

Tips to take the stress out of moving house

Tips to take the stress out of moving house

One of the most stressful experiences in life is moving house, but it doesn’t have to be! With some planning and help, the process can be a much smoother one, so here’s our top tips to ease you through the journey.

Read more...

How far does your dollar stretch in the Sydney property market?

How far does your dollar stretch in the Sydney property market?

We all know the Sydney property market is crazy expensive, but how does it compare to what you can buy here in Perth?

Read more...

Your Essential First Home Buyer Home Loans Guide

Your Essential First Home Buyer Home Loans Guide

Buying your first home can be an experience mixed with feelings of excitement and trepidation.
It doesn’t have to be a scary process as there are plenty of professionals out there who can help you manage the process, including applying for a first home buyer loan…

Read more...

Free Naked

Magazine

Get your copy!

Free Naked Magazine

GUEST BLOG: Beginner's Pool Maintenance Guide for Homeowners

GUEST BLOG: Beginner's Pool Maintenance Guide for Homeowners

Summer will be here before we know it, which for a lot of people means one thing in particular – it’s pool season. Your pool may have been a little neglected this Winter so here’s what you need to know to get it into shape.

Read more...

GUEST BLOG: The Costs Involved in Building an Outdoor Kitchen

GUEST BLOG: The Costs Involved in Building an Outdoor Kitchen

“If you’re willing to spend more on new materials, consider sizing. Do you want a large kitchen with a long benchtop and space to fit many appliances? This will cost more to install, and the materials will cost more to purchase” …

Read more...

How to Protect Your Home from Termite Damage

How to Protect Your Home from Termite Damage

Termites can devalue your home by more than 25%! Most homeowners do not pay for termite damage or inspection services. Read on to see how you can help keep your home safe…

Read more...

CoreLogic June 2018 National Hedonic Home Value Index

CoreLogic June 2018 National Hedonic Home Value Index

Media Release 2nd July 2018: Australian dwelling values continue to trend lower in June amidst tight credit conditions and less investment activity.

Read more...

GUEST BLOG: What First Home Buyers Need to Consider in 2018

GUEST BLOG: What First Home Buyers Need to Consider in 2018

With many state governments making changes to their first home buyer policies to make home ownership more affordable, 2018 might be one of the best times for first home buyers to enter the market.

Read more...

To Fix Your Interest Rate or Not to Fix

To Fix Your Interest Rate or Not to Fix

If you’re contemplating whether to fix all (or some) of your interest rate, mull over the following points first to help your decision…

Read more...

This Report Shows Why WA Real Estate is About to Take Off Again

This Report Shows Why WA Real Estate is About to Take Off Again

This fantastic free e-book from .id, the Australian population experts, gives some great insight into what the future holds after the boom. As always increased population & jobs = good news for real estate! Read it here…

Read more...

GUEST BLOG: Strategies For Estimating Your Home's Value

GUEST BLOG: Strategies For Estimating Your Home's Value

If you want to sell your home, now might be a good time even though property prices in Australia are dropping, it could create more interest as people try to find a bargain. You might well ask how do you find the perfect pricing zone? There are strategies to ensure your price is acceptable to the market…

Read more...

GUEST BLOG: Ways to Know You Have Found the Right House

GUEST BLOG: Ways to Know You Have Found the Right House

Ways to Know You Have Found the Right House… Maybe it’s the first home you’re ever going to purchase yourself, or perhaps it’s a crucial upgrade that you’ve decided to invest in now that your family is getting bigger. Either way, choosing the ideal home is a big decision. In fact, is one of the most significant financial decisions you’re ever going to make.

Read more...

How to Cash in on a Gentrifying Suburb

How to Cash in on a Gentrifying Suburb

Gentrification is a change in the fortunes of a suburb as it is discovered by a higher income demographic which slowly pushes out the lower income residents. So how can you make the most of it?

Read more...

GUEST BLOG - The Biggest Challenges Homeowners are Facing in 2018

GUEST BLOG - The Biggest Challenges Homeowners are Facing in 2018

Our guest blog this week was provided by Hellen McAdams. In this article, we turn your attention to some of the biggest challenges homeowners are facing in 2018. Read on to find out waht you need to consider…

Read more...

CoreLogic April 2018 Hedonic Home Value Index

CoreLogic April 2018 Hedonic Home Value Index

Capital city dwelling values record their first annual decline since November 2012 while regional dwelling values continue to edge higher…

Read more...

GUEST BLOG - 7 Important Questions to Ask When Looking For an Agent

GUEST BLOG - 7 Important Questions to Ask When Looking For an Agent

Sell your home for the best price and as quickly as possible by finding the right real estate agent with the help of these guide questions…

Read more...

Sell Your Property Quicker with these Top Tips!

Sell Your Property Quicker with these Top Tips!

Whether your property’s been on the market for longer than you expected, or you need to unload your investment property quickly, here are our top tips to help get it sold quickly!

Read more...

CoreLogic April 2018 National Housing Market Update

CoreLogic April 2018 National Housing Market Update

The monthly Housing Market and Economic Update from CoreLogic delivers timely, detailed insights into the fundamentals that are affecting the residential property market in Australia.

Read more...

What is the Difference Between Conveyancers and Solicitors?

What is the Difference Between Conveyancers and Solicitors?

What’s the difference between a conveyancer and solicitor?

It can be confusing when you’re offered what seems to be the same service by two different professionals. So which one is right for your needs…

Read more...

Perth Property - The Next Big Thing or Just a Big Risk?

Perth Property - The Next Big Thing or Just a Big Risk?

Perth is attracting a new wave of attention (long overshadowed by the Sydney and Melbourne property markets) with many investors believing the property market has hit rock bottom and that strong capital growth will follow. Read more…

Read more...

GUEST BLOG - Buy Your Home Without Losing Your Partner

GUEST BLOG - Buy Your Home Without Losing Your Partner

Buying a home is a particularly stressful event, especially for couples. Disagreements can damage your relationship, however, planning and open communication can prevent problems. Read on to see my tips on avoiding and managing the aquisition of property in a relationship…

Read more...

Rate City Media Release - Big 4 Banks in Fixed Rate War - March 2018

Rate City Media Release - Big 4 Banks in Fixed Rate War - March 2018

Rate City Media Release – 9 March 2018: Read on to find out who has slashed their rates and by how much…

Read more...

GUEST BLOG - 7 Tips for Staging Your Home Before You Sell

GUEST BLOG - 7 Tips for Staging Your Home Before You Sell

You need to impress the buyers coming to your home. You want them to envision themselves living in the space. For them to picture themselves living in your home, you need to present it well. Here are 7 tips that will make your home look bigger, brighter, more open and ready for sale.

Read more...

Planning on Building? Consider These Costs

Planning on Building? Consider These Costs

Many first-time builders consider the land purchase price and construction costs, and even if you need to keep paying rent whilst building, but there are many other financial aspects to consider. These can include…

Read more...

NAB Commercial Property Survey Q4 2017 Report

NAB Commercial Property Survey Q4 2017 Report

HOT OFF THE PRESS! Just released 21/02/18, the 2017 fourth quarter commercial property survey. Read on to find out what’s in store for commercial property in the new year.

Read more...

Housing Stocks Down in January 2018

Housing Stocks Down in January 2018

Across the country, national residential listings have dropped in January 2018 by 4.8 per cent to 303,901 according to figures released by SQM Research.

Perth recorded a 2.1 per cent drop, which was quite modest when compared to our other capital cities.

Read more...

NAB Residential Property Survey Q4 2017 Report

NAB Residential Property Survey Q4 2017 Report

Australian housing market sentiment was unchanged in the final quarter of 2017 but confidence levels softened.
The NAB Residential Property Index held steady at +20 in Q4 at above average levels (+14), with sentiment towards the residential property market remaining positive in most states.

Read more...

Property Development - The Key to Making Money

Property Development - The Key to Making Money

When planning your development project, the bottom line should be the return on your investment, regardless of what the market might be doing at the time.
A good target to aim for is a 15 to 20 per cent return on your development costs, which is the net profit you make after selling the finished property or properties.

Read more...

Important First Homebuyer Lessons to Teach Your Children

Important First Homebuyer Lessons to Teach Your Children

If 2018 is the year for your kids to hop onto the property ladder, first take a look at these ten valuable lessons you can teach your children to get them off on the right foot.

Read more...

2017 Year in Review - How did the Perth Property Market Fare?

2017 Year in Review - How did the Perth Property Market Fare?

The final stats are in so let’s take a look at how the Australian property market fared overall last year and more specifically the Perth market.

Read more...

What Traits Make a Good Agent?

What Traits Make a Good Agent?

What traits and qualities make a good real estate agent? It’s not just experience so let’s take a look at how to sort the hay from the chaff!

Read more...

Real Estate Spiel Decoded

Real Estate Spiel Decoded

The terms used to describe a property for sale have always been a bit tricky to understand, as agents tend to find words which paint their property in the most positive light. This is understandable, but what do these phrases actually mean?

Read more...

Thinking Renovation? Consider these Important Factors.

Thinking Renovation? Consider these Important Factors.

With the influx of renovation reality shows, you might be considering swinging a hammer around your own place or purchasing a property with major renovation plans in mind. Unfortunately, the reality of a large-scale renovation project is very different to the ‘TV reality’.

Read more...

Median Property Prices - Why You Should Take Them With A Grain Of Salt

Median Property Prices - Why You Should Take Them With A Grain Of Salt

While median house prices are one of the most cited property market statistics as with any single measure there are some shortcomings that investors need to understand in order not to be misled.

Read more...

The Ultimate Checklist for Evaluating A House

The Ultimate Checklist for Evaluating A House

GUEST BLOG | For so many people, especially those who are new to real estate, the prospect of buying a house can be quite terrifying. Nobody wants to buy a money pit, which is why we’ve put together this ultimate checklist for evaluating a house.

Read more...

What Happens To Your Super When You Die?

What Happens To Your Super When You Die?

It’s something you probably don’t want to think about, but is worth schooling up on. Let’s take a look at some of the most common misunderstandings about what happens to super when the individual dies.

Read more...

Understanding Lenders Mortgage Insurance (LMI)

Understanding Lenders Mortgage Insurance (LMI)

LMI is an insurance policy which compensates lenders or investors for losses due to the default of a mortgage loan.

Read more...

Property Ownership Dream Still Alive In WA

Property Ownership Dream Still Alive In WA

The great Australian dream of property ownership is still alive in Western Australia. Despite the growing issue of housing affordability, house prices in WA have become more affordable over the last couple of years.

Read more...

Sell Or Rent Your Family Home? 10 Things To Consider

Sell Or Rent Your Family Home? 10 Things To Consider

Whatever the reason may be, you may be faced with the decision to move away from your family home. Should you sell or should you retain the property and rent it out?

Read more...

Home Insurance - Ways You Can Cut Costs

Home Insurance - Ways You Can Cut Costs

Home and contents insurance is essential, and it’s vital that homeowners actively look for ways to cut down on the price of their policy.

Read more...

NAB Residential Property Survey Q3 2017 Report

NAB Residential Property Survey Q3 2017 Report

Sentiment rises and confidence lifts among property experts in Q3. NAB expects prices to slow in 2018-19, but not a severe adjustment.

Read more...

5 Credit Score Myths - How You Can Beat Them

5 Credit Score Myths - How You Can Beat Them

Having a strong credit score can lead to a range of different benefits. However, with a bunch of myths floating around, it’s hard to understand what actually improves your credit score and what may tarnish it.

Read more...

Don’t Dismiss A ‘Subject To Sale’ Offer

Don’t Dismiss A ‘Subject To Sale’ Offer

Most buyers need to sell their own property whilst searching for their new one. In many cases they haven’t sold their home before they’ve found the upgrade and thus you’re looking at a “subject to sale” offer scenario.

Read more...

CoreLogic September 2017 Housing Market Update

This month’s CoreLogic housing market update, presented by CoreLogic research director Tim Lawless.

Read more...

Your Guide To Home Loan Interest Rate Discounts

Your Guide To Home Loan Interest Rate Discounts

When applying for a home loan, lenders will calculate whether you are high or low risk. While that does sound a bit harsh, it’s important to understand that banks are generally not loaning you a small amount of money so they need to investigate whether you are a safe bet or not.

Read more...

Scam Alert! Common Investment Cons

Scam Alert! Common Investment Cons

The Australian Competition and Consumer Commission (ACCC) is warning the public to watch out for investment scammers who promise great returns but “leave their victims with broken dreams and empty bank accounts.”

Read more...

Our Tips For A Better Valuation

Our Tips For A Better Valuation

Here are our top 10 tips to help you get a better valuation assessment on your property…

Read more...

Getting The Best Selling Price For Your Home

Getting The Best Selling Price For Your Home

Taking care of those “little jobs” you’ve been putting off every weekend is very important in achieving a quick sale at the highest possible selling price.

Read more...

Asbestos - All You Need To Know

Asbestos - All You Need To Know

Did you know Asbestos is the generic term for a number of fibrous silicate minerals?

Read more...

How Did The Perth Housing Market Perform This Financial Year?

How Did The Perth Housing Market Perform This Financial Year?

Let’s take a look at how the Perth property market has performed over the last financial year.

Read more...

Successfully Sell Your Property With These 7 Key Tips

Successfully Sell Your Property With These 7 Key Tips

Here are seven key considerations that could make all the difference when it comes to achieving top dollar for your property at sale time.

Read more...

Helping Your Children Get Into The Property Market

Helping Your Children Get Into The Property Market

What options are out there to help your children into their first property? Let’s take a look.

Read more...

How The Recent Government Changes Impact Homeowners

How The Recent Government Changes Impact Homeowners

An influx of federal, state, and local government changes took effect on July 1, impacting every investor, homeowner, renter and aspiring homebuyer in Australia.

Read more...

Don't Make These Mistakes With Your Super

Don't Make These Mistakes With Your Super

There are simple mistakes that people regularly make which means their super account is not working as effectively as it could for them.

Read more...

How To Lift Your Home's Value

How To Lift Your Home's Value

Here are our tips for boosting the value of your home when it comes round to selling.

Read more...

Easements 101 - All You Need To Know

Easements 101 - All You Need To Know

We outline what an easement on a property actually is, so that you’re not left scratching your head if it ever pops up during your next real estate transaction.

Read more...

First Home Buyers – 10 Hot Tips

First Home Buyers – 10 Hot Tips

Consider these top tips before you purchase your first home.

Read more...

Who Are Our First Home Buyers And What Do They Want?

Who Are Our First Home Buyers And What Do They Want?

First Home Buyers are not all the same, some may start on the property ladder while young & single, others may wait til they are older, married and have already started a family.

Read more...

CoreLogic June 2017 Housing Market Update

This month’s CoreLogic housing market update, presented by CoreLogic research director Tim Lawless.

Read more...

Negotiate Like A Pro With These Six Tips

Negotiate Like A Pro With These Six Tips

Here are some tips to help you negotiate like a pro.

Read more...

What Exactly Is A Strata Title Property?

What Exactly Is A Strata Title Property?

Investing in a strata title property can be a smart move; it’s often an affordable way to enter the property market, and can be beneficial in managing repairs and renovations down the track.

Read more...

Interest Rates – What’s On The Horizon?

Interest Rates – What’s On The Horizon?

Historic research by Pimco suggests that annual interest rates mostly range between three and six percent. So just how high could ours rise?

Read more...

Bridging Finance – How Does It Work?

Bridging Finance – How Does It Work?

Securing your dream home is all about acting fast and this means you don’t always have the time to sell the home you’re currently living in. This is where bridging finance can come in handy.

Read more...

How Much Is Your Home Worth? Bank Valuation vs Market Value

How Much Is Your Home Worth? Bank Valuation vs Market Value

Unfortunately, many homeowners don’t understand the difference between a market value and a bank value but it’s vitally important that they do.

Read more...

How Emotions Come Into Play When Selling Your Home

How Emotions Come Into Play When Selling Your Home

Selling your home will most likely be one of the largest transactions you will be a part of, so it is essential to separate your love/emotion for your home and start looking at it as real estate.

Read more...

Life After Divorce - How To Rebuild

Life After Divorce - How To Rebuild

Although divorce is a very emotional and turbulent time in your life, there are some key things you should consider and pay careful attention to that will ensure you can move on after a divorce, including buying a new home.

Read more...

Divorce - What Happens To The Home?

Divorce - What Happens To The Home?

When homeowners separate and divorce, the division of real estate assets can become a complex issue. The Family Law Act makes certain provisions but, naturally, there are many variables that Family Courts must assess

Read more...

Property Valuations - 5 Things You Should Know

Property Valuations - 5 Things You Should Know

Valuations are an essential aspect of the property investment game and because their result can be so crucial, here’s five elements to understand about the process.

Read more...

Apartments That Offer Rental Guarantees

Apartments That Offer Rental Guarantees

While these returns might appear attractive, they’re actually a trap as developers use this ploy to keep flooding the market with over-priced units.

Read more...

The Six Buyer Segments In The Property Market

The Six Buyer Segments In The Property Market

Our demographic shape is changing; there are six distinct buyer segments in our Australian property market.

Read more...

5 Things To Look For At A Home Open

5 Things To Look For At A Home Open

The open for inspection can be a critical time for buyers, allowing you to chat to the real estate agent, turn on the taps to check for water pressure, open and close doors, and mentally move the furniture in to see if it fits.

It often helps if you approach a property inspection with a very clear set of questions in mind.

Read more...

Newly Built Units Have Outweighed Houses Across Australia for the First Time on Record

Newly Built Units Have Outweighed Houses Across Australia for the First Time on Record

CORELOGIC | Based on Building Activity data released by the ABS there were more newly built units completed over the December 2016 quarter than houses, the first time on-record this has occurred.

Read more...

Using Your Home’s Equity To Purchase Your Next One

Using Your Home’s Equity To Purchase Your Next One

Equity is your borrowing power, the amount of money you have in your home or investment property that you can use to purchase further properties. 

Read more...

Strong Capital Gains Fuel A Spike In Number Of Million Dollar Suburbs

Strong Capital Gains Fuel A Spike In Number Of Million Dollar Suburbs

Over the five years to December 2016, the number of suburbs nationally with a median value of at least $1 million has increased by a staggering 176%.

Read more...

Don't Make These Property Selling Mistakes

Don't Make These Property Selling Mistakes

How do you avoid making poor choices and ensure a positive selling experience, while also achieving the best sale price possible?

Read more...

Is That Included? What Stays And What Goes When You Buy A Property

Is That Included? What Stays And What Goes When You Buy A Property

Is everything you saw when you inspected the property included once you take possession?

Read more...

Perth Unemployment Rate Surpasses 7%

Perth Unemployment Rate Surpasses 7%

Over December and January, greater Perth joined greater Adelaide in the undesirable position of having an unemployment rate which has passed 7 per cent.

Read more...

Thinking A Property Flip? Be Careful It Doesn't Flop

Thinking A Property Flip? Be Careful It Doesn't Flop

There seems to be a plethora of “house flipping” and renovation shows on our TVs at the moment, but can you really make a living flipping properties?

Read more...

Whose Name To Put It In? Your Options When Purchasing A Property

Whose Name To Put It In? Your Options When Purchasing A Property

Most property buyers, even seasoned investors, default to simply buying the property in their own name, but this is not always the best and most financially savvy choice. 

Read more...

Why You’ll Always Be Stuck In Debt

Why You’ll Always Be Stuck In Debt

There are a number of reasons why so many Australians are stuck in a revolving debt cycle so let’s look at five common reasons why this happens.

Read more...

The Importance of Conducting a Pest Inspection Before Purchasing Property

The Importance of Conducting a Pest Inspection Before Purchasing Property

GUEST BLOG | One of the most important procedures before buying a home is the pest inspection. It is always good to make sure the house that seems to be your dream home is not going to be one of the biggest mistakes of your life.

Read more...

Self Employed? 5 Things To Help Secure A Mortgage

Self Employed? 5 Things To Help Secure A Mortgage

Just because you’re self-employed doesn’t mean you can never buy a home or are stuck with a ridiculously high interest rate for the “privilege” of qualifying for a loan.

Read more...

Why Loyalty to Your Boss Isn't Always in Your Best Interest

Why Loyalty to Your Boss Isn't Always in Your Best Interest

GUEST BLOG | Just how beneficial is it for an employee to remain loyal to an employer or a company?

Read more...

CoreLogic February 2017 Housing Market Update

This month’s CoreLogic housing market update, presented by CoreLogic research director Tim Lawless.

Read more...

Don’t Let Too Many Days On The Market Be Your Downfall

Don’t Let Too Many Days On The Market Be Your Downfall

Too many days on market ultimately comes down to two things…

Read more...

Tips and Tricks for Storing Mattresses

Tips and Tricks for Storing Mattresses

GUEST BLOG | There are a number of traditional do’s and don’ts when it comes to the best way to store a mattress.

Read more...

Want A Cushy Retirement? Just How Much Do You Need?

Want A Cushy Retirement? Just How Much Do You Need?

Most of us don’t have enough superannuation for a comfortable retirement, so just how much do you need?

Read more...

How To Pack Fragile Items For Storage

How To Pack Fragile Items For Storage

GUEST BLOG | Packing fragile items for storage requires care and experience. We’ve put together this solid set of guidelines on how to pack those extra fragile items.

Read more...

CoreLogic Pain and Gain Report - September Quarter 2016

CoreLogic Pain and Gain Report - September Quarter 2016

CoreLogic’s Pain and Gain Report is a quarterly analysis of residential properties which were resold over the quarter. It compares the most recent sale price to the previous sale price in order to determine whether the property sold at a gross profit or gross loss. It provides a proxy for the performance of each housing market and highlights the magnitude of profit or loss the typical seller of a home makes across those regions analysed. 

Read more...

Refinancing? Avoid The Not-So-Nice Surprises

Refinancing? Avoid The Not-So-Nice Surprises

Switching to a lower interest rate could lead to big savings, but unless you do your homework, you could find yourself grappling with nasty surprises, including higher fees, tougher terms and new deposit requirements. 

Read more...

89% Of Mortgage Holders Focus On Paying Down Sooner

89% Of Mortgage Holders Focus On Paying Down Sooner

Nine out of ten mortgage-holding Aussies are in a rush to pay off their home loans, according to new research. 

Read more...

The 'Packing For Storage' Checklist

The 'Packing For Storage' Checklist

GUEST BLOG | Whether you’re going with a professional storage provider or not, we’ve put together the best tips you’ll need to ensure your goods are packed safely for short to long-term storage and during transit.

Read more...

Just How Big Is The Australian Property Industry?

Just How Big Is The Australian Property Industry?

The total value of all the residential real estate in Australia is over AU$6,600,000,000,000 (6.6 trillion) according to estimates by Corelogic.

Read more...

Mistakes Costing Property Investors Thousands

Mistakes Costing Property Investors Thousands

The Australian Taxation Office (ATO) recognises that the structure of a rental property and the assets within it can experience wear and tear over time and therefore allow tax concessions for investors to account for this deterioration. 

Read more...

Make The Most Of Storage During Your Renovations

Make The Most Of Storage During Your Renovations

GUEST BLOG | Renovating your home or investment is a great way to add value to your property but what should you do with your belongings during the renovation process?

Read more...

Corelogic Monthly Housing & Economic Chart Pack - January 2017

Corelogic Monthly Housing & Economic Chart Pack - January 2017

The latest Monthly Housing & Economic Chart Pack from CoreLogic provides a detailed national market update with a focus on capital city housing market conditions and performance over time.

Read more...

Heading Towards Retirement? Pension Asset Test Changes in 2017

Heading Towards Retirement? Pension Asset Test Changes in 2017

On January 1, 2017 the age pension underwent significant changes. Changes to the assets test, which determine who can receive a pension and how much, could see 166,000 pensioners receive an increase in their entitlements.

Read more...

6 Financial Mistakes Young People Make

6 Financial Mistakes Young People Make

Let’s take a look at some common traps young people fall into, and how to avoid them if you are one (or one at heart)...

Read more...

Subdivide and Conquer!

Subdivide and Conquer!

There are a number of ways that investors can create wealth through property development, including subdivision.
If you are considering buying a property to subdivide, here are the costs and the steps involved with subdivision.

Read more...

Apartment Prices On The Slide In Our CBDs

Apartment Prices On The Slide In Our CBDs

Apartment prices in Australia’s CBDs have fallen by an average of 6.3% in the 12 months to July, according to CoreLogic.

Read more...

Don't Make These 'Super' Mistakes When Purchasing Property

Don't Make These 'Super' Mistakes When Purchasing Property

More and more investors are using their Self-Managed Superannuation Fund (SMSF) to invest in property, with a steady increase over the past decade.

Read more...

Back to the future: Western Australia’s economic future after the boom

Back to the future: Western Australia’s economic future after the boom

Back to the Future is the eighth report in the Bankwest Curtin Economics Centre’s Focus on Western Australia series. Using the latest data available, this report examines recent changes in the state’s economic trends following the tailing off of the resources boom.

Read more...

Australia's Over-The-Top Property Prices... Who's to Blame?

Australia's Over-The-Top Property Prices... Who's to Blame?

It’s human nature to blame someone else when something seems financially out of reach, particularly when it comes to affording a home. However it is important to understand that all asset prices, and especially property, are driven by three factors:

Read more...

Expert Tips For Selling Your Home Over The Silly Season

Expert Tips For Selling Your Home Over The Silly Season

GUEST BLOG | It’s a question that’s often met with mixed opinions– is selling your property over Christmas a wise strategy?

Read more...

The CoreLogic November 2016 Hedonic Home Value Index

The CoreLogic November 2016 Hedonic Home Value Index

Capital city dwelling values rise by 0.2% in November as housing growth cycle clicks over 4.5 years of growth.

Read more...

What will happen with interest rates in 2017?

What will happen with interest rates in 2017?

It’s been a fairly tumultuous year for the world economy, but Australia clocked up 25 years of positive economic growth in 2016

Read more...

Sink or Swim - A Guide to Pool Fence Safety

Sink or Swim - A Guide to Pool Fence Safety

Evidence suggests that a large number of drowning deaths in pools are as a result of fencing that is faulty or non-compliant with Australian Standards.

Read more...

The Salvation Army Christmas Appeal

The Salvation Army Christmas Appeal

Naked Real Estate are proud members of the REIWA Community REInvest program and on behalf of The Salvation Army, we are collecting donations for those in need this Christmas and we would love your help!

Read more...

What Every Dream Home Needs

What Every Dream Home Needs

GUEST BLOG | If you’ve been paying attention to the property scene in Australia, you probably already know that today’s dream home looks quite a bit different than what people wanted in the past.

Read more...

Are you part of the in-crowd? 1 in 5 Aussies own an investment property

Are you part of the in-crowd? 1 in 5 Aussies own an investment property

​Can you believe one in five Australians own an investment property? Well, that is certainly the case according to ING DIRECT’s latest Financial Wellbeing Index with Generation Y leading the pack. 

Read more...

Top Tips on Shopping for Property in Australia

Top Tips on Shopping for Property in Australia

Many of you might wonder what it would be like making a new life in another country and some decide to actually go and find out for real, with Australia proving to be one of the most popular destinations.

Read more...

Steer Clear of Property Spruikers and Investment Seminars

Steer Clear of Property Spruikers and Investment Seminars

We all know the saying “if it sounds too good to be true, it usually is”, and this saying often rings true with the myriad of investment seminars and “get-rich-quick” schemes you’ve no doubt seen.

Read more...

NAB COMMERCIAL PROPERTY SURVEY - Q3 2016

NAB COMMERCIAL PROPERTY SURVEY - Q3 2016

Commercial property professionals continue to be confident over the next two years and sentiment is improving, the NAB Commercial Property Survey for Q3 shows.

Read more...

CoreLogic November 2016 Market Update

This month’s CoreLogic housing market update, presented by CoreLogic research director Tim Lawless.

Read more...

The Latest WA Mining Town Lowdown

The Latest WA Mining Town Lowdown

A decline in commodity prices and a lack of investment in WA’s mining towns continues to have an impact on property prices; however, not all mining towns have recorded an equivalent slowdown. 

Read more...

Investment Properties - New vs Established

Investment Properties - New vs Established

A brand new house or unit might seem like an appealing investment, but it’s important not to be lured by their shiny outside and pristine interior.

Read more...

First Home Buyers Have Big Opportunities

First Home Buyers Have Big Opportunities

In his column in Switzer, John McGrath discusses the opportunities rather than the downfalls given to first home buyers. 

Read more...

Are You A Savvy Saver?

Are You A Savvy Saver?

How does your savings (as a percentage of your income) compare with other Australians?  How do you compare to the rest of the world?

Read more...

Keeping Tenants Happy While Selling

Keeping Tenants Happy While Selling

If you’re planning to sell your tenanted investment property it’s important to keep the tenants on side during the process.

Read more...

"Affordable" Investment Properties May Not Be The Best Idea

There’s a common perception that buying an affordable property is the way to go for property investors. The belief is that there will always be demand for this type of property, particularly by young families.

Read more...

Loan Structuring - How to Save Tax

Loan Structuring - How to Save Tax

Clever loan structuring is often overlooked and can save investors tens of thousands of dollars. Let’s take a look at some of the options which might suit your situation:

Read more...

Why Neglecting Your Credit Score Is Like Shooting Yourself In The Foot

Why Neglecting Your Credit Score Is Like Shooting Yourself In The Foot

Let’s face it; no one actually wants to think about their credit score. Even if you’re a credit-worthy citizen and you’ve never missed a repayment (unlikely), you probably don’t give much thought to your credit file or your credit score. 

Read more...

Perth housing market cheapest in 13 years

The Perth housing market is at its most affordable in 13 years, giving prospective buyers a chance to grab their own part of the city.

Read more...

Goodbye "McMansions" - Our Dwellings Are Shrinking

Goodbye

According to The Australian the days of the McMansion are numbered, with the size of Australian homes shrinking over the past few years.

Read more...

REIWA Perth Metro Market Update - September 2016

Want to know how the Perth Metro property market faired in September? 

Read more...

Thinking of Buying? Consider These 5 Questions First

Thinking of Buying? Consider These 5 Questions First

To buy or not to buy….that is the question! With pros and cons for each option, let’s weigh up both sides to help you decide if now is the right time for you.

Read more...

CoreLogic Pain and Gain Report - June Quarter 2016

CoreLogic Pain and Gain Report - June Quarter 2016

A quarterly assessment of realised gross profit and loss based on dwelling re-sales over the June Quarter of 2016.

Read more...

Settlement Day - What to Expect

Settlement Day - What to Expect

Settlement day can be an exciting and anxious time, so let’s get familiar with all things property settlement.

Read more...

Looking at Upgrading? The ‘Big 4’ May Not Be the Way to Go!

Looking at Upgrading? The ‘Big 4’ May Not Be the Way to Go!

August 2016 saw the Reserve bank dropping the cash rate which caused a mass amount of activity within the lenders…

Read more...

Looking for an agent? Please DO Judge this Book By Its Cover!

Looking for an agent? Please DO Judge this Book By Its Cover!

It’s important to do your homework when it comes to finding the right real estate agent to sell your home. At Naked we have nothing to hide!

Read more...

Getting your foot in the door - key steps for first home buyers

Getting your foot in the door - key steps for first home buyers

The best advice we have for first time home buyers is to do as much research as possible and not to make hasty decisions.

Read more...

Corelogic September 2016 Market Update

This month’s CoreLogic housing market update, presented by CoreLogic research director Tim Lawless.

Read more...

Bucking the Trend - Why Your First Purchase Should be an Investment Property

Bucking the Trend - Why Your First Purchase Should be an Investment Property

The great Australian dream of owning your own “castle” has changed a little, with many first homebuyers today opting to…

Read more...

Your Credit Score - Find it & Improve It

Your Credit Score - Find it & Improve It

The average Australian has $4,300 owing on their credit card.

Read more...

Considering Renting Out Your Spare Room?

Considering Renting Out Your Spare Room?

Instead of using your spare room as a place to hide your dusty treadmill, you might consider renting it out. 

Read more...

Beware of the Skimmers

Beware of the Skimmers

Be on the lookout out for the “skimmers”; people who skim the cream off the top of other people’s incomes for doing absolutely nothing…

Read more...

Finding Property with Development Potential

Finding Property with Development Potential

Finding the “right” property is just one of the many challenges for property developers…

Read more...

Slim Pickings – Just Over a Third of Properties Selling for Under $400,000

Slim Pickings – Just Over a Third of Properties Selling for Under $400,000

Nation-wide our home values are continuing to rise, which is reducing the number of properties available at the lower end of the market for under $400,000.

Read more...

Maximise your property’s profitability in 3 steps

Maximise your property’s profitability in 3 steps

Managing your finances well is a crucial, yet often overlooked, component of property investment. Get this right and you’ll minimise risk and improve the security of your property portfolio.

Read more...

How to Ensure a Smooth Settlement

How to Ensure a Smooth Settlement

Here is a quick guide on how to prepare and what to expect, to hopefully make it a much smoother process.

Read more...

Planning for Rate Increases

Planning for Rate Increases

So you may have heard that the Reserve Bank announced this month that they reduced the cash rate down to 1.5% - WHOAZA! That is some cheap money!

Read more...

When The Seller Switches Items in a Property Before Settlement

When The Seller Switches Items in a Property Before Settlement

What happens if the seller decides to be sneaky and swap out, say, the expensive Miele dishwasher and substitute it for a bargain basement model on your unconditional contract?

Read more...

Auction Tips for Buyers & Sellers

Auction Tips for Buyers & Sellers

Auctions can prove an effective tool for buying and selling, although not without risk.

Read more...

Buying Property Through Your Superannuation

Buying Property Through Your Superannuation

Struggling to get your head around buying property through your superannuation fund? Here are some quick tips…

Read more...

Staying Put – Aussies Less Keen to Move

Staying Put – Aussies Less Keen to Move

Almost 60% of Australians 14+ have been living at the same address for five years or more. Are you one of them?

Read more...

Don't Go There! CBD Investments to Avoid

Don't Go There! CBD Investments to Avoid

We all know that location is super important in shaping your property investment decisions…

Read more...

10 Years On - A look at Property History

Interesting article published by Michael Yardney of Property Update as he reflects over the Australian Property Market over the last decade.

Read more...

Is Negative Gearing Safe Now The Election Is Over

Is Negative Gearing Safe Now The Election Is Over

With the election and voting all out of the way (finally) it looks like the proposed drastic changes to negative gearing and capital gains tax are off the table… so what does this mean now?

Read more...

Tempted to refinance? Avoid these traps!

Tempted to refinance? Avoid these traps!

With interest rates at near-record lows, many homeowners and investors are lining up to refinance their mortgages. But is it the right move for you?

Read more...

Record high for average loan size

Record high for average loan size

Australia’s biggest mortgage aggregator Australian Finance Group (AFG) sold a record $14.6 billion of mortgages in the second quarter of 2016.

Read more...

Capital Gains Tax 101

Capital Gains Tax 101

Get yourself up to speed on the main types of taxes when it comes to property investment and how these affect your potential profit.

Read more...

Results Are In - NAB Residential Property Survey: Q2 2016

In the first NAB Residential Property Survey since the RBA cut the official cash rate in May this year, housing market sentiment amongst property professionals softened. 

Read more...

Downsizing? Avoid these 6 pitfalls

Downsizing? Avoid these 6 pitfalls

Avoid the most common pitfalls that home sellers make when it comes to downsizing by following our tips below.

Read more...

New Home Sales: Downturn Could Be Ahead

New Home Sales: Downturn Could Be Ahead

According to the most recent Housing Industry Association’s New Home Sales Report  new home sales fell by…

Read more...

Before You Make an Offer

Before You Make an Offer

If you ask the selling agent what price you should offer, you’re asking the wrong person.

Read more...

Dwelling Completions Boom as Population Growth Slows

Taking a look at figures released by the ABS last week, population growth has slowed, and completion of construction of properies has increased to a record high…

Read more...

Family Trusts - How Do They Work?

Family Trusts - How Do They Work?

The number and use of family trusts around Australia for investment purposes has grown significantly over the past decades…

Read more...

Family Trusts - How to Avoid the Expiration Date

Family Trusts - How to Avoid the Expiration Date

With family trusts in fact having an 80-year lifespan, what are your options for creating a family trust without an expiration date?

Read more...

Get Up to Speed with New ATO Property Withholding Rules

Get Up to Speed with New ATO Property Withholding Rules

As of July 1, 2016 new property withholding rules came into effect…

Read more...

Corelogic Housing Market Update - July 2016

CoreLogic has today released their June Home Value Index Report…

Read more...

Did WA feel pain or gain in the March Quarter?

Did WA feel pain or gain in the March Quarter?

Who else get’s excited for CoreLogic’s Pain & Gain Reports?

Read more...

The home open: 5 key things to look for

The home open: 5 key things to look for

Even the most beautifully presented property will have a couple of drawbacks, be it the location or the need for a few repairs.

Read more...

Property Presentation

Property Presentation

First impressions go a long way to getting top dollar for your property…

Read more...

Divorce: How to Navigate the Home Sales Process

Divorce: How to Navigate the Home Sales Process

It’s something we don’t want to think about, but divorce has some significant implications on the family home and assets…

Read more...

Rezoning Driving Wealth for WA Investors

Rezoning Driving Wealth for WA Investors

Rezoning has been a significant catalyst for capital growth in some Perth suburbs in recent years…

Read more...

Negotiating Offers - Don't Leave it to Amateurs!

Negotiating Offers - Don't Leave it to Amateurs!

During the process of selling your home, real estate agents will come across a wide range of…

Read more...

Thinking Property Development? Consider These Tips First!

Thinking Property Development? Consider These Tips First!

With the property markets ticking along nicely, many investors are looking at taking the next step and getting involved in property development.

Read more...

Why You Should Have a Property Maintenance Plan

Why You Should Have a Property Maintenance Plan

As a property investor, unexpected repairs on your investment property can really hurt the hip pocket. Thinking ahead and planning for such repairs and maintenance…

Read more...

Total Returns Reveal Housing Investment is Still a Winner

Total Returns Reveal Housing Investment is Still a Winner

In spite of the recent slowdown, the latest housing finance data shows investor activity in the housing market is on the increase again, with total returns from housing also looking very healthy.

Read more...

WA Home Price Slump "to end"

WA Home Price Slump

The West Australian today has reported that the current price slump in WA is set to end…

Read more...

End of Financial Year Wrap Up with Audrey Greipl

End of Financial Year Wrap Up with Audrey Greipl

Welcome to the end of financial year edition my blog for Naked Real Estate…

Read more...

Tips for selling a Vacant Property

Tips for selling a Vacant Property

Here’s our top tips for making the sales process for your empty home a more straightforward one.

Read more...

Renovating? 5 Things to Consider

Renovating? 5 Things to Consider

Here’s our top five things to mull over before you pick up the sledge hammer!

Read more...

9 Hot Tips to Sell Your Home Faster

9 Hot Tips to Sell Your Home Faster

Thinking of selling your home this year? Well, you’ll be keen to shift it quickly for the best price.

Read more...

Rental vacancies continue to climb

Rental vacancies continue to climb

The number of national residential vacancies has risen during the month of April, recording a vacancy rate of 2.5%, and 75,749 vacancies.

Read more...

Perth Market Mapped Out

Perth Market Mapped Out

They say a picture paints a thousand words, so let’s take a look at the latest market stats for the Perth market.

Read more...

Biggest Threat to Real Estate Agents

Biggest Threat to Real Estate Agents

The biggest threats to agents are competitors that are better organised and more sophisticated in their approach…

Read more...

Seven Deadly Sins of Auctions

Seven Deadly Sins of Auctions

We all know about the seven deadly sins, but what about the no-no’s associated with a property auction?

Read more...

The Importance of Being Pre-Approved

The Importance of Being Pre-Approved

So you’ve decided you want to get onto the property ladder and you’ve already been busy trawling the net for the perfect home…

Read more...

NAKED WA State Budget Wrap

NAKED WA State Budget Wrap

Today the Treasurer, the Hon Dr Mike Nahan MLA released the 2016-17 State Budget.

Read more...

The Power of Compound Interest

The Power of Compound Interest

Do you know the power of compound interest in its entirety? 

Read more...

Why can’t I save for a home deposit? Six home truths

Why can’t I save for a home deposit? Six home truths

Where there’s a will there’s a way! If you have a good job and dream of climbing the property ladder…

Read more...

12 Tips to Be A Smart Property Investor

12 Tips to Be A Smart Property Investor

Property investment (and in that case nearly everything in life) can be a matter of trial and error…

Read more...

Get the best bang for your buck! Investment property tax deductions

Get the best bang for your buck! Investment property tax deductions

Can you believe we’re nearly half way through 2016?? With the end of financial year squarely in our sights, we thought we’d share some great tax tips for maximising your investment property deductions.

Read more...

Naked Budget Wrap

Tonight’s Federal Budget 2016 announcement focused on tax reform, small business, superannuation and infrastructure. 

Read more...

Brrr... Tips for Selling Your Home This Winter

Brrr... Tips for Selling Your Home This Winter

The days are getting colder and shorter, so how do you make your home shine in winter?

Read more...

National - Where does your suburb rank?

National - Where does your suburb rank?

Although most of the nation’s property prices have taken a dip, some are still bucking the trend and booming…

Read more...

National Rental Market Update

National Rental Market Update

Rents in most capital cities continue to rise (with Perth and Darwin bucking the trend)...

Read more...

Good News! Housing Affordability Improving

Good News! Housing Affordability Improving

Housing affordability improved 2.7% during the March quarter…

Read more...

Nine Steps to Purchasing Your First Home

Nine Steps to Purchasing Your First Home

If you are looking at purchasing your first home, and do not know where to start, cure your confusion today! Here are the 9 steps to purchasing your first home! It can seem daunting process buying your first home as it seems like a heavily involved process, but if you break it down into 9 simple steps, you can move from being a tenant into a proud home owner with minimal fuss!

Read more...

Rent vs Buy – Weighing Up the Options

Rent vs Buy – Weighing Up the Options

A hotly debated topic at the moment, whether to rent or buy has pros and cons for both options and ultimately is a personal decision based on your financial situation. 

Read more...

Tenant myths busted!

Tenant myths busted!

...and how to ensure good tenants stick around!!

Read more...

Forget the pool! What Buyers Really Want

Forget the pool! What Buyers Really Want

Swimming pools are so last season according to a new survey from finder.com.au, revealing what homebuyers really have on their wish lists.

Read more...

Sure Sign of a Softening Market

Sure Sign of a Softening Market

This week Landgate have released the latest EAS2 (Electronic Advice of Sale) Request figures…

Read more...

Investor tips – The Good, The Bad and The Ugly!

Investor tips – The Good, The Bad and The Ugly!

It can sometimes be hard to sort the good advice from the bad when it comes to property investment, so we’ve done the hard work for you and summed up the not-so-hot tips to avoid…

Read more...

When moving home do you buy or sell first?

When moving home do you buy or sell first?

So you’ve decided to move on from your first home, whether you’ve simply outgrown it or looking to upgrade. Think that purchasing your next home is easier than your first home?

Read more...

Perth Property Market – Where to Next?

Perth Property Market – Where to Next?

In today’s market, buyers are in the driver’s seat with plenty of opportunities to find their dream property.

Read more...

Buyer Beware! 50 postcodes off limit for property investment

Buyer Beware! 50 postcodes off limit for property investment

Amid rising concerns of falling property prices in the mining towns of Western Australia, Queensland and New South Wales, the ANZ has released a list…

Read more...

Mining town collapse not reflective of broader market

Mining town collapse not reflective of broader market

With the recent performance of mining towns heading in the same direction as the iron ore prices…

Read more...

The million-dollar question – when’s the best time to buy?

The million-dollar question – when’s the best time to buy?

Oh, to have a crystal ball! Whether you’re a first home buyer, seasoned investor or looking to upsize or downsize, unfortunately, the answer is not so simple. The “best time to buy” occurs when…

Read more...

Median house prices drop for first time since 2012

Median house prices drop for first time since 2012

It seems like the days of the median house price continuing to rise have come to an end.

Read more...

First Time Investors - Here are our tips!

First Time Investors - Here are our tips!

Smart property investment decisions can be a great way to achieve financial freedom and set yourself up for a comfortable retirement…

Read more...

Honey I Shrunk the Blocks!

Honey I Shrunk the Blocks!

Across Australia block sizes are shrinking and land prices are rising,..

Read more...

Think you’re ready to list your home? Five things to think about first.

Think you’re ready to list your home? Five things to think about first.

To give your home the best chance of achieving a great final selling price in the shortest amount of time,..

Read more...

Seeing Double - Do property prices really double every decade?

Seeing Double - Do property prices really double every decade?

It may seem crazy, but the prospect of property prices doubling every 10 years does occur, just not in a straight line.

Read more...

Know your rights! Crash course in depreciation for renovations

Know your rights! Crash course in depreciation for renovations

You could be missing out on thousands of dollars if you don’t understand your entitlements when it comes to claiming for renovations to your investment properties.

Read more...

A Fresh Approach to the Property Cycle

A Fresh Approach to the Property Cycle

You don’t need a crystal ball to predict what’s ahead for our property markets, as they typically move in a rather predictable cycle.

Read more...

Fed up and wanting to branch out on your own?

Fed up and wanting to branch out on your own?

We’re going to be honest here – branching out on your own probably won’t be the best step for your career

Read more...

Property lemon alert! Top 10 warning signs

Property lemon alert! Top 10 warning signs

When you’re on the hunt for a property, there’s a few red flags to be mindful of to avoid ending up with a property lemon!

Read more...

Deep pockets? Join the million-dollar club

Deep pockets? Join the million-dollar club

At the end of 2015, there was a 31 per cent increase in the number of suburbs with a median value in excess of $1 million, rising to 530 from 406 suburbs in 2014. 

Read more...

A Positive Move? How Proposed Reforms to Negative Gearing will Impact First Homebuyers

A Positive Move? How Proposed Reforms to Negative Gearing will Impact First Homebuyers

Once considered somewhat of a protected species, negative gearing reform currently sits squarely in the sights of both sides of politics.

Read more...

Collapse or Just a Correction? Why the Australian Property Market Won’t Crash

Collapse or Just a Correction? Why the Australian Property Market Won’t Crash

Boom times can’t last forever, but this also doesn’t mean it’s the end of the world.

Read more...

The Struggle is Real - Why it’s so hard for Gen Ys to get into Property Game

The Struggle is Real - Why it’s so hard for Gen Ys to get into Property Game

Whether it’s moving out of the family home or kick-starting a property investment career, here’s some of the obstacles that may leave Gen Y’s in the starting block.

Read more...

Home Decorating – 7 Tips to Getting it Right

Home Decorating – 7 Tips to Getting it Right

The décor of your home is one of the first things a prospective buyer notices when selling your home. Follow these 7 tips to make sure your home’s first impression is a good one.

Read more...

Renting vs Buying A Home: An Introductory Guide

Renting vs Buying A Home: An Introductory Guide

Where you choose to live is one of the most important decisions you’ll have to make in your adult life. Whether you choose to rent or buy, it is likely that a significant portion of your household income will go toward your rent or monthly mortgage.

Read more...

Buying a New or Existing Home: The Complete Guide

Buying a New or Existing Home: The Complete Guide

House hunting can be a daunting task. You have to consider many factors, including cost, suburb, size and number of rooms and bathrooms. Before beginning your search, one question you should ask is: Should I purchase a new house or an old one? Each option offers benefits and drawbacks. Let us look at both.

Read more...

Should You Rent or Sell Your Home? Homeowner’s Guide

Should You Rent or Sell Your Home? Homeowner’s Guide

Are you deciding between renting or selling your home? There many important factors you should consider when making this decision. This article will consider the pros and cons of selling and renting out your home.

Read more...

Selling Your Home: With Or Without A Real Estate Agent

Selling Your Home: With Or Without A Real Estate Agent

If you are looking to sell your home, you are now deciding if you should choose a real estate agent or to go it on your own. Before you make any decisions that could end up costing you in the long run, you should consider whether flying solo is the right way to go.

Selling your home is a significant financial and emotional undertaking and it would be negligent to reach a verdict without properly considering all of the details below:

Read more...

Real Estate Agent Fees and Commissions: A Complete Guide

Real Estate Agent Fees and Commissions: A Complete Guide

If this is the first time you have sold a house, there are additional costs associated with selling a property

Today we will explain the fees and commissions associated with using a real estate agent. Topics include the role of a real estate agent, how much real estate agents charge, as well as tips and tricks for selling or buying a house with an agent. With a bit of education you will be able to understand exactly what you are paying for.

Read more...

How to Become A Real Estate Agent: The Ultimate Guide

How to Become A Real Estate Agent: The Ultimate Guide

Real estate professionals come from many different walks of life. Many people today choose to take courses to allow them to pursue a career in real estate. Some choose this fulfilling career at a young age, while others discover it as a second career.

Not only is real estate rewarding, it can enable you to make a decent living. Real estate agents generally help people buy or sell a home.

Read more...

Why would you open your own real estate office?

Why would you open your own real estate office?

We’re going to be honest here – branching out on your own probably won’t be the best step for your career

Read more...

Moving House Checklist: The Ultimate Moving Cheat Sheet

Moving House Checklist: The Ultimate Moving Cheat Sheet

Moving house is one of the most stressful experiences individuals can go through,” according to psychotherapist and family counsellor Tahila Mandie [source]. Anyone who has moved house knows this slice of wisdom borders on the obvious.

However, it does not have to be so stressful that you want to pull your hair out. The best way to insulate yourself against the unnecessary hassle of moving to a new home is to be prepared.

Below are the best moving house tips for keep stress at bay, which is broken into before, during, and after the home move.

Read more...

How To Choose The Best Real Estate Agent

How To Choose The Best Real Estate Agent

Choosing the best real estate agent that will sell your most important asset, your family home, can be a tough task. This article will help you find that right real estate agent to sell your home.

Real estate agents have a wide array of experience and practical knowledge that makes them skilled at acting as an intermediary between buyers and sellers.

Read more...

Interest Rate Update

Interest Rate Update

With celebrations for the race that stops a nation in full swing, we have the latest cash rate announcement hot off the press.

The Reserve Bank of Australia has again decided to leave the official cash rate at 2.00%.

This approach was predicted by many financial commentators as the Reserve Bank continues to assess the impact of lower than expected CPI numbers, continued signs the housing market is cooling in Sydney and Melbourne and moves by the major banks and other lenders to increase their interest rates.

Even though the cash rate has remained unchanged, lenders are making daily changes to lending rates so it’s still wise for us to talk if we haven’t spoken in a while to ensure you’re still in the right finance solution.

Get in touch today to make sure you are taking advantage of daily changes in the increasingly competitive mortgage market. Feel free to call me on 0401326641 or email audrey@ashblue.com.au and I’ll be happy to sit down and go through your options.

Read more...

Perth Market Update - October Edition

Hi, I’m Brendan Leahy and welcome to another Naked Real Estate Perth Metropolitan area market update.

Read more...

The Key to Your First Home

The Key to Your First Home

As a first home buyer it may be a little daunting as to where to start so here are a few quick pointers for you. 

Read more...

Are you struggling to save?

Are you struggling to save?

With the banks cutting down on lending and becoming more and more stricter, saving for your 20% deposit is getting harder. A lot of people live week to week with rising living cost and saving is just completely out of sight for them. How can you save even a few dollars a week?

Read more...

REIWA - Providing a valuable service to the industry & community

REIWA - Providing a valuable service to the industry & community

Naked Real Estate agents are often asked about the role REIWA plays.

Read more...

Pitfalls of Overpricing a Property

Pitfalls of Overpricing a Property

Ask any agent why a house doesn’t sell and they will tell you it usually comes down to price. Almost any property, anywhere will sell if the price is right. A good agent knows how to balance that fine line between achieving the best price possible and having the property languish on the market because it’s overpriced.  

Read more...

Super Special Available on Home Loans

Super Special Available on Home Loans

We have a lender offering a 3 year fixed rate of 3.99%p.a for both owner occupied and investment loans.

Read more...

Perth Market Update - September Edition

Brendan Leahy brings you the latest Perth Metro Market Update for September 2015. Brendan discusses the latest market statistics for the sales and rental market for Perth metro, as well as the RBA’s latest interest rate announcement and what it means for investors and home buyers alike.

Read more...

Let's Get Interest Savvy!

Let's Get Interest Savvy!

The good news is interest rates are at record lows. The bad news is the average mortgage size in most Australian capitals has hit an all-time high. The challenge for many borrowers who are used to low rates could be keeping up with payments when rates inevitably rise. Those who want to get ahead will be taking steps now to make the most of low rates so they have a buffer down the track. But if you are already feeling weighed down by debt, it may be time to lighten the load.

Read more...

7 Common Mistakes That Landlords Make

7 Common Mistakes That Landlords Make

If you are going to maximise the value of your investment property, here are 7 common mistakes to watch out for.

Read more...

Buying New Vs Established

Buying New Vs Established

It’s the big question of real estate – do you buy an established home or build a new one? You’ll have to weigh up the pros and cons for yourself before you make the big decision. Here are a few pros and cons for consideration to get you started.

Read more...

Perth Market Update - August Edition

To help you stay informed on the current market, we have just released this month’s market update! Brendan Leahy brings you the latest on what’s happening across the Perth metro area for the sales and rental market.

Read more...

Selling Your Home? Look Out For These Common Mistakes

Selling Your Home? Look Out For These Common Mistakes

There are a few mistakes that property sellers make that contribute to their house taking longer to sell and often for a reduced price. But if you’re organised and willing to spend some time before your first home open, you can reap the rewards of a fast, stress-free sale.

Read more...

Guest Blog: Audrey Greipl from Ash Blue Finances

Guest Blog: Audrey Greipl from Ash Blue Finances

I am a local mortgage broker with 10 years finance experience and have access to over 1300 products and 40 lenders to help find you the best home loan for your needs. I will be providing monthly market updates, tips and hints to help secure your next home! This month,we look at best practice, by you – the buyer!

Read more...

Trusting A Real Estate Agent

Trusting A Real Estate Agent

It’s true the real estate industry doesn’t have the best perception. There’s even research to back it up. But is the perception fair?

Read more...

5 Do’s of Selling Your Home

5 Do’s of Selling Your Home

There are many ways to sell and present your home, and everyone wants to maximise the amount of money that you walk away with on settlement day. These 5 tips will ensure you go a long way to achieving that RECORD price.

Read more...

Reasons Why Your Home Isn't Selling

Reasons Why Your Home Isn't Selling

Has your home been on the market longer than 4 months?? Is the For Sale sign out the front just a reminder every morning and every night that you still haven’t stepped to the next stage in your life of new memories and a new chapter.

Read more...

What to Consider when Buying an Investment Property

What to Consider when Buying an Investment Property

Buying a property to live in and buying purely as an investment are two very different things. But what should an investor be looking for that an owner occupier might not have to give the same level of consideration?

Read more...

Perth Market Update

For the latest on the Perth property market, make sure you catch this months market update!

Read more...

Local is Better - The Benefits of Using A Local Agent

Local is Better - The Benefits of Using A Local Agent

There is so much to consider when choosing a real estate agent to sell your property. There are many agents to choose from and it can be confusing when you try to compare.

Read more...

First Impressions Count! The Importance of Street Appeal

First Impressions Count! The Importance of Street Appeal

Thinking of selling but dread the thought of fixing up the front of your property? A well-presented frontage is important for ensuring prospective buyers stop and come inside at home open.

Read more...

Winter Market Update

Winter Market Update

At the start of the 23 year period, 1990-2012, the interest rate for the standard variable housing loan (SVR) was at its highest level over the whole period, at 17.0%…

Read more...

Nine Reasons to Gain Loan Pre-Approval

Nine Reasons to Gain Loan Pre-Approval

Sure house hunting is far more enjoying than searching for the right home loan but many buyers regret not organising a pre-approval. Here are nine reasons why you should spend some time during the week getting a pre-approval.

Read more...

We Cover Nothing Up - Except the homeless!

We Cover Nothing Up - Except the homeless!

Through the Real Estate Institute of Western Australia’s Community REInvest Program, local agencies are joining forces in June and July by calling for donations of sleeping bags for The Salvation Army, and ultimately, those in need.

Read more...

Don't Miss Out! The Time is Right to Upsize

Don't Miss Out! The Time is Right to Upsize

Perth’s current property market is favouring those looking to upsize. The reasons for upsizing are many and varied…

Read more...

May Market Update

May Market Update

Believe it or not, within the next 35 years we will have another 40,000+ homes in just the City of Armadale! So what does that mean for the current residents?

Read more...

Moving In The Rain Is Never Fun - Get Your Property Sold Before Winter

Moving In The Rain Is Never Fun - Get Your Property Sold Before Winter

For many, Autumn is their favourite time of year, with the changes in the trees and the cooling down in temperature after a steamy summer. Here are a few tips on preparing your home for sale in Autumn.

Read more...

Autumn Market Update

Autumn Market Update

At the time of writing there were 13,499 properties on the market in the Perth metro area, a net increase of 498 properties over the last 4 weeks. In comparison, this time last year there were ...

Read more...

Staging Your Home For Sale – Delighting The Five Senses

Before a buyer views your property for sale it is important to keep the five senses in mind – they are incredibly powerful. When a buyer walks  into your home, you want them to be moved emotionally to the point where they decide  “this is home at first sight!”  To be successful at it, try appealing to all five of the buyer’s senses.

Read more...

Choosing the right agent to sell your home

Choosing the right agent to sell your home

Whether you are selling your family home or an investment property, finding and choosing an agent is a big decision. To ensure that you appoint the best agent to sell your property it is important to do your research before making a final decision. 

Read more...

Lock up before you hop off this Easter long weekend!

Lock up before you hop off this Easter long weekend!

If you’re lucky enough to be heading away this Easter long weekend, have a great time! 

Read more...

Above and beyond our expectations! The team at Naked Real Estate were attentive to our needs and we very highly recommend them for top notch professional service with integrity.

Paul

Kelmscott
Paul

“Wonderful Team! - We were very pleased with the service we received from Brendan, Kate and all the team at Naked!! Brendan knows his stuff and told us what we needed to know and hear! His secretary Kate was amazing and always happy to take our calls!! Thanks for selling our house and for dealing with the tricky bits too!!"

Alycia

Mount Richon
Alycia

"Thank you to Brendan for his no nonsense approach and for being truthful. And to the office staff for being so friendly and obliging when we contacted them with any queries we had. A very painless experience.”

James & Jill

Bedfordale
James & Jill

“From the first meeting it was a ‘no-brainer’ that Brendan from Naked was THE agent to sell our home. His ‘no-nonsense’ approach was just what we needed and honesty in regard to sale price achievability.”

Helenie

Roleystone
Helenie

Could Not Be Happier! - We could not have asked for a better selling process than our experience with Brendan and his staff. Our house was sold before any home opens or advertising were required. Brendan was easy to deal with, very knowledgeable and went the extra mile for us to get our house sold.

Joel & Katie

Bedfordale
Joel & Katie

Couldn't Ask for Anything More! - Brendan sold our house before we even had the chance to have one home open. The first buyer put an offer on in just 3 hours after we placed it on the internet! Brendan's knowledge of the industry is second to none, I've never felt more trust in an agent. He's completely honest and had our best interests at heart. His sales admin team are also fantastic and we were always kept up to date with the sale and what was going on. I couldn't recommend Brendan enough, we will definitely be back!

Henry & Zoe

Byford
Henry & Zoe

“Naked Real Estate worked hard for us in difficult situations to get the asking price of our property. Thank you for your dedication and professionalism while still having the down to earth human element.”

Robert & Helen

Maddington
Robert & Helen

Thank you Brendan and team for a very professional service on the sale of our property from start to finish. You guys did an awesome job in every aspect and will highly recommend to anyone. Thanks again Brendan, we couldn't of asked for a better agent.

Michaela

Darling Downs
Michaela

Thanks Brendan and Kate - We are so grateful for all your hard work. Living so far away has put a lot more pressure on all of us. You and your team kept us updated all the time and went over and above to help. Thanks

Tracy

Kelmscott
Tracy

Thank You Brendan - From the moment we switched to Brendan at naked real estate I felt quite confident that our home would sell soon. Within a few days we had an offer and Brendan kept us informed all the way with any updates. Kate from the office kept us in touch as well. I would not hesitate in recommending Naked real estate and they will be my first choice when buying or selling again. Thank you for making it so easy.

Barbara & Shane

Bedfordale
Barbara & Shane

Featured properties

A hand picked selection of the most interesting and desirable properties

Need some help right now?

Please fill out the form below with any questions you have. We will get back to you promptly.

4 + 46 =