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Is Arundel the next up-and-coming suburb in QLD?
Property seekers on the hunt for the next hot Gold Coast suburb may not have to look too far, with new forecasts revealing that Arundel in tipped to outperform in 2024 and beyond. Arundel was nominated on the annual realestate.com.au Hot 100 as the number one suburb to watch in Queensland. Offering a family-friendly lifestyle serviced
Why Home Inspections Matter: A Guide for Buyers and Sellers
Buying or selling a home is a big deal, and there’s a crucial step you don’t want to miss – the home inspection. In this guide, we’ll talk about why home inspections are so important for both buyers and sellers. We’ll also look at the risks of having an open house and discuss if it’s
Distressed Property Searches Skyrocket on realestate.com.au
Real estate searches on realestate.com.au suggest an increasing trend among buyers who are actively seeking distressed sales in the hopes of securing a bargain. However, their chances may be limited. Data from property searches indicates a growing opportunistic mindset among buyers, as they explore distressed listings that sellers want to offload quickly, ideally at a
Comprehensive Bathroom Renovation Guide
Embarking on a bathroom renovation is an exciting endeavor that can enhance the aesthetics, functionality, and overall value of your home. Whether you’re planning a complete overhaul or a simple update, this comprehensive guide will walk you through the process, answering key questions along the way. Planning Your Bathroom Renovation Assess Your Needs: When considering
Rental Crisis Deepens: Only 11% of Listings Affordable Nationwide
Securing an affordable rental in Australia has become an increasingly challenging feat, with a nearly 50% decrease in the number of properties listed for $400 or less per week compared to the previous year. This scarcity is exacerbated by a 15% rise in the national median weekly rent, climbing from $480 to $550, leading to
Record-Low Vacancy Rates Drive Surge in Investor Loans
Investors are gradually reentering the property market to take advantage of historically low vacancy rates nationwide, undeterred by the looming possibility of increased interest rates. According to the Australian Bureau of Statistics, new investor loans experienced a 2% uptick in September, marking a 2.6% year-on-year increase. The surge in investor lending is attributed to the
How the ‘Mortgage Cliff’ Could Cost Australians Thousands
As the year comes to a close, households across Australia are eagerly anticipating some relief from the relentless increase in costs. Unfortunately, the latest data from the Australian Bureau of Statistics suggests that this hope may be dashed, with annual inflation surging above 5% once again. The rising costs of rent, fuel, food, and services
Gold Coast’s Alston Mansion Shatters Records with $24.8 Million Auction Win
OE of the Gold Coast’s finest trophy residences has been sold at auction for a staggering $24.8 million, shattering the previous Queensland auction record. The property known as Alston, situated at 5 McMillan Court in Southport, now holds the title of the highest residential property sale in Queensland for this year and has established a
Rental Appraisals
A rental appraisal, also known as a rent appraisal or rental valuation, is an assessment of a property’s rental value in the current market. This process helps property owners, landlords, and property managers determine the appropriate rent to charge for their properties. How is a rental appraisal calculated? Calculating a rental appraisal involves several steps
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