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02 November 2018
by Anthony Van Der Wielen

 

 

 

 

 

 

 

 

 

 

Perth’s median house price lifted one per cent to $510,000 in October, according to reiwa.com’s latest monthly data.

REIWA President Damian Collins said prices in Perth had started to strengthen after softening in winter following some particularly wet weather.

“In a city renowned for its sunshine, the Perth market tends to slow during the cold wintery months. Thankfully, we’re well into spring now which has translated into renewed enthusiasm in the market with more sellers listing their property for sale and prices improving,” Mr Collins said.

Of the properties that did sell, the top performing suburbs for median house price growth during the month of October were Roleystone, South Perth, Como, Atwell and Doubleview.

“Spearwood, Gosnells, Secret Harbour, Karrinyup and Forrestfield also performed well,” Mr Collins said. reiwa.com data also shows Perth sellers returned to the market in October, with 7.8 per cent more listing stock available for sale than in September.

‘“This is a seasonal trend that we’ve observed for a number of years now, even during the boom, with listings typically increasing in October and November as vendors become more motivated to sell in the lead up to Christmas,” Mr Collins said.

The 10 suburbs with the biggest growth in listing stock (percentage wise) in October were Kensington, Cottesloe, Glen Forrest, Greenwood, Shenton Park, Mount Hawthorn, East Fremantle, Nedlands, Brentwood and South Fremantle.

“All but two of the suburbs on this list have median house prices above the Perth Metro median, and seven of these suburbs have medians that sit above $800,000. This year we’ve seen activity increase in the luxury end of the Perth market, with home owners in the area clearly recognising there is good opportunity to secure a quick sale at a competitive price in these higher-end suburbs where there is good buyer demand,” Mr Collins said.

Perth rental market

Perth’s rental market continued the strong form displayed in the September 2018 quarter, with reiwa.com data showing leasing activity increased 10 per cent during October.

The 10 suburbs to experience the biggest improvement in leasing activity (percentage wise) were West Leederville, Cannington, Southern River, Bertram, Nedlands, Palmyra, Craigie, Madeley, Secret Harbour and Morley.

Mr Collins said Perth’s median rent price remained at $350 per week, while listings for rent had declined five per cent to now sit below 7,000 for the first time since March 2015.

“The improvement in the rental market is very encouraging. Prices have stabilised and are no longer declining, which is good news for landlords. Now would be a good time for tenants to think about securing a longer-term lease before rents inevitably rise again.

“With Perth’s rental market gaining momentum, this bodes well for the overall market as historically the sales market follows behind the rental market during a recovery,” Mr Collins said.

Information Supplied by REIWA.COM.AU

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03 October 2018
by Anthony Van Der Wielen

 

 

 

 

 

 

 

Hardwood floors are highly desirable for most homeowners, but they come with their share of challenges when it comes to cleaning, maintenance, and repairs. After a few months or years of heavy use from kids playing with toys and chairs being shuffled around, it may be time for some DIY fixes.

Hiding scratches: If you’ve got a good eye for matching colors, you can actually use crayons or markers or purchase wax sticks from the hardware store to fill-in scratches. Try to match the stain color on your floors, but don’t worry if it’s a little off. If the color is close, once the scratch is filled, it’ll look like a variation in the wood grain.

Polishing floors: You can make a polish solution for your floors from household ingredients. Mix olive oil and vinegar in equal parts, pour it directly into scratches, and then wipe it off after 24 hours. It may take several applications, but this homemade polish will fill and cover most scratches.

Clever decor: It’s not a long-term solution, but sometimes the most painless way to fix scratches in your floors is to cover them with a rug or furniture arrangement.

Spot sanding: For deeper scratches, you’ll need to spot sand with fine steel wool or sandpaper, use wood filler, and stain and seal the repaired area.

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29 August 2018
by Anthony Van Der Wielen

 

 

 

 

 

 

 

 

 

You’ve got more options than ever when mattress shopping these days with no shortage of brick-and-mortar and online-only retailers to choose from. Here are the factors you should consider when you’re shopping for a perfect night’s sleep.

  1. Mattress construction: The most popular mattress types are inner spring mattresses, memory foam mattresses, and adjustable air mattresses. Each has pros and cons when it comes to durability and comfort customization. When it comes to having good back health – don’t cut corners! No bed will last forever, but when you invest in one that is made of high quality materials and can offer you the back support you need, you’ll be sure to get your money’s worth.
  2. Firmness: Mattress firmness plays a huge role in the quality of your sleep. Mattresses that are too firm or too soft can cause aches and pains, so it‘s recommended that you test several mattresses for 10- to 15 minutes in store before making a purchase.  Lie down in your preferred sleeping position and rest for 10 minutes. This will give a good guide to the comfort and support the mattress gives you.
  3. Sleeping position: Your mattress should match your sleeping style (side, back, face-down, etc.). You want a mattress that keeps your spine in proper alignment. For example, some mattresses are better for side sleepers, while others are better for back sleepers. A good mattress will gently support your whole body and keep your spine in a neutral position – no matter if you’re lying on your back, front or side. Pay attention to your pressure points when choosing a new bed (these will be the heaviest parts of your body).
  4. Size: It’s not quite as simple as choosing between a king and a queen mattress. You should also consider your height, as some mattresses are a better fit for shorter people while tall people will want a longer mattress so their limbs aren’t hanging over the edge of the bed.
  5. Stability: For couples, you should consider how the mattress reacts when one person moves, so the other person’s sleep isn’t disturbed in the middle of the night. No matter how similar we are to another person, our sleeping patterns will never be exactly the same. Interrupted sleep from a partner’s movements is the biggest problem for couples who share a bed. Find a mattress and bed foundation that minimises partner disturbanceA good mattress is crucial in achieving good back health. Finding the right mattress that will give you a great night’s sleep involves getting both the right support as well as the right comfort level.

    There are many factors that affect back pain and how you sleep, but a good mattress is proven to make a positive difference – and if you have the wrong mattress for you (or your once-suitable mattress is now old and tired) – you may be aggravating your pain.

     

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25 July 2018
by Anthony Van Der Wielen

 

 

 

 

 

 

 

When you put your home up for sale, one of the best ways to determine the asking price is to look at comparable sales. There’s rarely a perfect apples-to-apples comparison, so a pricing decision often relies on comparisons to several recent sales in the area. Here are five criteria to look for in a sales comparison.

  1. Location: Homes in the same neighborhood typically follow the same market trends. Comparing your home to another in the same neighborhood is a good start, but comparing it to homes on the same street or block is even better.
  2. Date of sale: It varies by location, but housing markets can see a ton of fluctuation in a short time period. It‘s best to use the most recent sales data available.
  3. Home build: Look for homes with similar architectural styles, numbers of bathrooms and bedrooms, square footage, and other basics.
  4. Features and upgrades: Remodeled bathrooms and kitchens can raise a home’s price, and so can less flashy upgrades like a new roof or HVAC system. Be sure to look for similar bells and whistles.
  5. Sale types: Homes that are sold as short sales or foreclosures are often in distress or sold at a lower price than they’d receive from a more typical sale. These homes are not as useful for comparisons.
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07 June 2018
by Anthony Van Der Wielen

 

 

 

 

 

 

 

 

 

Storage is an incredibly valuable resource if you are in the process of selling your home. It gives you the chance to empty your home, thereby showing your property in the best light,  free of all the clutter that can disguise your home’s strong points.

However, storage is only useful if you know how to properly pack your valuables, thereby ensuring their protection and enabling them to be removed from your space in one-piece.

The Essentials

There are two essentials to every storage experience. Understanding these essentials will ensure your belongings are set-up for the perfect stay in your storage facility.

The first thing you need to understand is that the less you store, the less your final bill. There is absolutely no room in your storage space for unwanted items, so you need to focus on decluttering before you place anything in storage. It will save you a lot of money.

Once you’ve decluttered and decided on what you’re going to store, you need to create an inventory. This will ensure that everything you placed in storage is finally retrieved, making it your most valuable document.

How to Pack for Storage

You need to remember that storage spaces offer a very different environment than your home. Even the most sophisticated storage units will be harsh on delicate items, like books, photos and anything made from natural materials. These sorts of items need to be double-wrapped and specially treated to ensure survival.

You also need to focus on:

  • Preparing whitegoods for their stay in storage by thoroughly cleaning, disinfecting and drying. You also need to keep doors and lids open in order to protect seals and prevent mould and damp.
  • Electronic items should be stored in their original packaging (if possible). If you can’t find the packaging, choose a similar sized box and fill it with plenty of bubble wrap. Never use packing peanuts as these can get inside components. Make sure all batteries are removed because batteries invariably leak.

Properly Packing a Storage Unit

So, you’ve packed your items into boxes and prepared them for storage; now you have to pack the unit itself. You’ve paid for the entire space, so you want to use every inch. To do this, pack all the way to the roof of the storage unit by using plywood sheets to create stable layers between boxes.

Also, use the following expert tips to ensure the safety of your belongings:

  • Protect all boxes from damp. Damp typically collects around the wall and the floor of storage units. You should stack your boxes away from the wall, and off the floor by placing them on wooden pallets.
  • Secure your storage unit with an all-weather, short arm lock. These locks can’t be broken into with bolt cutters, so you can rely on them to protect your space and your belongings.

For more expert tips on storage, download the complete storage checklist. The checklist contains information on everything you need to know about packing, storing and protecting your items, and will also assist in avoiding some of the common problems encountered by the uninformed customer.

 

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27 April 2018
by Anthony Van Der Wielen

 

 

 

 

 

 

 

If you’re in the process of selling or buying a home, you’ll probably be investigating storage companies. Choosing the right storage company isn’t as easy as it sounds, and it’s an important choice. After all, you’re passing all your belongings into someone else’s care, and you need to make sure that they will be safe.
After 70-years in the industry, Kent knows what to look for in a storage company. Here’s some tips you can use to find the right company.

State-of-the-Art Storage Facilities

It’s well worth spending the money on engaging a company with storage facilities that will protect your valuables. Bear in mind that most storage facilities offer little more than a brick room or cage with a padlock, meaning your items could be subject to all sorts of harmful elements such as pests, dust and temperature fluctuations.

To ensure the safety of your valuables, you need a facility that offers climate control, alarm systems, fire control and protection against dirt and damp.

Excellent Follow-Up Services

The right storage company will continue to look after you and your belongings long after you have placed everything in storage. This means providing such items as a detailed inventory, and condition report free of charge. They may also offer extra services such as packing and pick-up, as well as re-delivery.

You never know when these extra services will come in handy, so it’s worth enquiring when engaging a storage company.

Check Online

Thanks to the internet, you can review the performance of a storage company by just looking online. You can check websites such as ProductReview, TrueLocal, Facebook and Google+ to see what past customers have to say about the company you are researching. If they have a glowing online reputation, chances are you’ve found a good provider.

Insurance Policies

Any professional storage provider will offer comprehensive and flexible insurance policies. Remember, your items won’t be covered by home and contents insurance while they are in storage, so make sure you engage a company that provides insurance policies that will keep you covered in all circumstances.

Payment Options

If a storage provider only accepts cash, you should walk away immediately. People that only take cash payments are usually trying to dodge tax obligations or work outside the law. A professional company will allow you to pay via cash, card, EFT, cheque, and so on.

Able to Store a Variety of Items

If you need to store anything other than boxes of clothes, you need to find a storage company that has the requisite capabilities and experience. Items such as boats, pianos, artwork and so on, need a specialist storage provider, so do your research before you hand over any money.

Over the past 70-years, Kent Storage has built its success on delivering first-class storage solutions that can be trusted and relied upon by our customers. We offer a Four-Level Secure Storage System that has made us a leader in the industry, and the first choice for anyone looking for storage.

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28 March 2018
by Anthony Van Der Wielen

 

 

 

 

 

 

 

 

 

Is there a home maintenance project that’s been lingering on your to-do list for too long because you’re dreading the trip to the hardware or craft store? There are some projects you can tackle with items that are almost certainly already in your home.

  1. Vinegar: There’s probably a jug of vinegar in your pantry right now. You can soak items in vinegar to remove mineral deposits (like in a clogged showerhead), and you can boil vinegar in your microwave to remove odors and make it easier to clean.
  2. Cola: A can of Coke or Pepsi can be used to clean many surfaces, including your glass windows, porcelain toilet, or chrome fixtures. Just do some research before using it on metal surfaces, as it can be corrosive.
  3. Baking soda: This item may actually be more useful for applications other than baking. A baking soda-vinegar paste is great for cleaning bathrooms and kitchens. Baking soda can also be used to absorb odors.
  4. Butter knife: Screwdrivers are easy to misplace. If can’t find a screwdriver when you need one, a butter knife—preferably an older one that you no longer need for table setting—is pretty effective for both Phillips- and flat-head screws.
  5. Toothpaste: Is there an unsightly scratch on your car or bike? The grit in tarter-control toothpastes makes for an effective scratch remover. Clean the scratch, apply some toothpaste, let it sit for a few minutes, and then buff it out with paper towel.
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20 February 2018
by Anthony Van Der Wielen

 

 

 

 

 

 

 

 

 

Unfortunately, our homes don’t always grow with us. What may have initially worked fine for a single person, a young couple’s starter home, or a family with a newborn can quickly become too small as families expand and multiple generations live under one roof.

Remodeling and adding to your home is one option for creating more space, but it can be costly, and the size of your property may be prohibitive. That’s when moving to a bigger home becomes the best solution.

WHERE DO YOU NEED MORE SPACE?

The first thought when upsizing your home is to simply consider square footage, bedrooms, and bathrooms. But it’s important to take a more critical approach to how your space will actually be used. If you have younger children (or possibly more on the way), then focusing on bedrooms and bathrooms makes sense. But if your children are closer to heading off to college or starting their own families, it may be better to prioritize group spaces like the kitchen, dining room, living room, and outdoor space—it’ll pay off during the holidays or summer vacations, when everyone is coming to visit for big gatherings.

MOVING OUTWARD

If you need more space, but don’t necessarily want a more expensive home, you can probably get a lot more house for your money if you move a little further from a city center. While the walkability and short commutes of a dense neighborhood or condo are hard to leave beyond, your lifestyle—and preferences for hosting Christmas, barbecues, and birthdays—might mean that a spacious home in the suburbs makes the most sense. It’s your best option for upsizing while avoiding a heftier price tag.

 

 

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25 January 2018
by Anthony Van Der Wielen

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

An accent wall can totally transform a room, taking it from boring and drab to bold and exciting. Accent walls create a new focal point for your space, add liveliness and contrast, and are typically a very inexpensive DIY project.

The starter accent wall

You can easily add an accent wall to your room in one afternoon by applying a new paint color. Deep blues and bright oranges are common choices for accent walls, but choose a color that will complement your existing decor and overall design aesthetic.

Interesting textures

Bright, contrasting paint is a good starting point, but there are other options for accent walls that are even more eye-catching and distinct. Floor-to-ceiling wood planks can make your home seem both rustic and modern all at once and provide a natural, outdoors-inspired feel. It’s more work than simply painting a wall, but it’s still relatively inexpensive. You can source the wood from pallets on Craigslist and stain it yourself before attaching it to your wall. It takes a little extra elbow grease, but it’s worth the effort.

Patterns, murals, and more

Paint and wood are bold enough on their own to transform a room, but they’re still pretty subtle compared to other accent wall options. A chalk paint accent wall is a creative idea for any room and makes for some fun moments when you’re entertaining. There are also endless options for wallpaper and stenciling if you want some patterns or you can get really bold with a mural or oversized art print.

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06 December 2017
by Anthony Van Der Wielen

 

 

 

 

 

 

 

 

 

 

Organic food usually tastes better, and is better for you, but it can also be very expensive compared to non-organic products. Organic food can cost nearly 50 percent more, thanks to the extra labor required to produce it and consumers’ demand exceeding supply.

So how do you get tasty organic food without spending a ton of extra money? Follow these tips to get more bang for your buck.

Shop at farmers’ markets: You can get fresh organic produce for far less at a farmers’ market than you’d pay at the grocery store. It’ll taste just as good, and you’re getting your food straight from the source.

Choose seasonal produce: Out-of-season produce usually has to be imported, and that can really drive up the price. Focus your meals on in-season fruits and vegetables so that you don’t end up paying $6.00 for a pound of organic asparagus.

Shop more frequently, and plan your meals around bulk sales: The trick here is to only buy what’s needed for your meals, and to only plan for a week of meals at most. That way you’re less likely to throw food away, because you can use leftover produce for more meals before it goes bad.

Grow your own: A home vegetable garden will provide some extremely cheap organic produce, and gardening can also be a fun and rewarding hobby.


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03 November 2017
by Anthony Van Der Wielen

Moving into a new home is an exciting time, and you’re probably daydreaming about decor and paint schemes and new furniture. But before you get into the fun stuff, there are some basics you should cover first.

Change the locks

Even if you’re promised that new locks have been installed in your home, you can never be too careful. It’s worth the money to have the peace of mind that comes with knowing that no one else has the keys to your home. Changing the locks can be a DIY project, or you can call in a locksmith for a little extra money.

Steam clean the carpets

It’s good to get a fresh start with your floors before you start decorating. The previous owners may have had pets, young children, or just some plain old clumsiness. Take the time to steam clean the carpets so that your floors are free of stains and allergens. It’s pretty easy and affordable to rent a steam cleaner—your local grocery store may have them available.

Call an exterminator

Prior to move-in, you probably haven’t spent enough time in the house to get a view of any pests that may be lurking. Call an exterminator to take care of any mice, insects, and other critters that may be hiding in your home.

Clean out the kitchen

If the previous occupants wanted to skip on some of their cleaning duties when they moved out, the kitchen is where they probably cut corners. Wipe down the inside of cabinets, clean out the refrigerator, clean the oven, and clean in the nooks and crannies underneath the appliances.

 

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02 October 2017
by Anthony Van Der Wielen

 

 

 

 

 

 

 

 

 

We all know that searching for and viewing potential homes is the fun part of the home-buying process. The not-so-fun part? The mortgage.

But if you don’t pay attention to the details, your mortgage can end up dragging down the enjoyment of your new home and cause some major regrets. Here are a few mistakes to avoid to ensure that you love your mortgage terms as much as your hew home.

Don’t find your home first: Shopping around for the best mortgage rate should be the first step in the home buying process. You may even want to talk to a mortgage broker a full year before you plan to buy. It’ll give you time to get your affairs in order to qualify for the best rate, could save you thousands of dollars in the long run, and you won’t feel rushed to accept an unattractive loan because you’re worried you’ll miss out on your dream home.

Don’t forget your real budget: There’s often a big difference between what a lender says you can afford and what you can actually afford. Your debt-to-income ratio doesn’t include the money you spend on hobbies, or the cost of commuting to work, or maintenance and utility costs. Really sit down and examine your spending before committing to the loan amount the lender is offering. You won’t enjoy your home nearly as much if it’s eating into your favorite hobbies.

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04 September 2017
by Anthony Van Der Wielen

 

 

 

 

 

 

 

 

 

 

 

 

Once you’ve decided to put your home on the market, you’re looking to sell quickly for the best possible price. One tactic that can help sell your home faster is staging. At first, staging may seem like a real estate term that doesn’t actually mean anything. Isn’t staging just decorating? Well, not exactly…

Appeal to the masses

Your home is likely decorated to your tastes. It could be colorful and eclectic, or rugged and industrial. But when you’re staging your home, rather than appealing to a specific decorating sense, you want to furnish your home in a way that appeals to everyone-and more importantly, doesn’t turn anyone off who just isn’t into your personal style.

Tone down the personal flourishes

Buyers want to be able see themselves in a home and imagine how they’d make it their own. Unfortunately, that means less of your own style as you’re preparing for your move. Cut down on family photos, bold artwork, and unusual furniture. Do some major decluttering so the buyer can see all the space and storage opportunities. It may be sad to start removing the items that make your house a home, but it’s an important part of the process.

Mass appeal doesn’t mean “boring”

Your staged home can still be colorful, just stay away from extremes. If you paint, stick to whites, grays, or neutrals. Add flourishes of color with window treatments or accent furniture, but try to choose items that will appeal to both genders.

Call a pro

There are likely several staging companies in your area. If you need a recommendation, reach out to your trusted real estate professional.

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27 July 2017
by Anthony Van Der Wielen

 

 

 

 

 

 

 

 

 

 

 

 

Some of the features that increase property values are obvious-like a remodelled bathroom, a modern kitchen, or a sought-after neighbourhood. But here are a few features and circumstances you have not have realised can affect property values.

  1. The neighbours: Not every neighbourhood or community has a Home Owners Association that can keep the neighbours from going overboard with decorations or neglecting to care for their home. Homes adjacent to crazy neighbours can potentially be undervalued.
  2. Trendy groceries and coffee: Recent statistics suggest that if your home is a short walk from popular grocery stores or trendy coffee shops, it can actually appreciate faster than the national average.
  3. Mature trees: A big beautiful tree in the front yard is enviable, and it’s not something that can be easily added to any home. Homes with mature trees tend to get a little boost in value.
  4. Parking: This isn’t too much of an issue if you live in the suburbs or in a rural area, but residents in dense cities can have real problems with parking, and homeowners might need to rent a spot just to guarantee a place to park each night. That’s why having guaranteed parking in urban areas will raise property values.
  5. The front entrance: First impressions matter to buyers-many will cross a home off their list within 10 seconds of stepping through the front door. An appealing front door, a friendly entryway, and a functioning doorbell are all necessities for getting top dollar.
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03 July 2017
by Anthony Van Der Wielen

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Staying on top of the latest trends in home decor isn’t for everyone, but even for traditionalists, it can be fun to incorporate some new ideas. Here are five bathroom decor trends that are appearing in 2017.

  1. Geometric Patterns: Many homeowners are selecting bold patterns in geometric shapes, like chevrons, triangles, or hexagons. These patterns can add intrigue and continuity to your tile or shower curtain.
  2. Plants: Even the best-designed bathrooms can benefit from some small plants. If you have a windowless bathroom, there are some low-light options that can survive with little maintenance.
  3. Dark Colors: This can be tricky to achieve, but it comes with a big pay off. While traditional bathrooms are often painted with brighter whites and greys, opting for darker colors can make a bathroom seem more luxurious and relaxing. Imagine sinking into a deep bath with dim lighting—that might convey the appeal of a darker palette.
  4. Brass Hardware: Trends often come back around, and this year, brass fixtures of the ‘70s are popular once again.
  5. Minimalism: The massive master bathroom is still great, but there’s also some appeal in smaller bathroom designs. Minimalism allows for smaller spaces to feel more intimate, but still airy and open.
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26 May 2017
by Anthony Van Der Wielen

 

 

 

 

 

 

 

 

 

 

 

 

 

The kitchen is one area of the home that sees the most wear and tear. All the water, heat, and food spills add up quickly so it’s important to focus on quality and lasting appeal when you’re choosing materials for a kitchen remodel. Here are a few things you should avoid:

Cheap Laminate Countertops: The bottom rung of laminate is extremely susceptible to wear and tear. It can melt if you forget to place a hot pad under a pan that’s fresh out of the oven and the edges can chip off from repeated exposure to moisture and heat.

Flat Paint: A flat or matte finish is great in rooms with lower traffic, but it’s a bad idea in the kitchen where the walls are regularly exposed to splatters and spills. You need paint that can withstand an occasional heavy scrubbing, so opt for gloss or semi-gloss finishes.

Trendy Backsplash: If you watch any home remodelling show, you’ll certainly see kitchens with expensive, elaborate backsplash designs and materials. Those trends can be pricey to pursue and can look dated in a hurry. Subway tile is a cheaper, classic option that you’ll never regret, plus you’ll have more room in your budget to purchase quality materials to be used elsewhere.

Cheap Flooring: Just like the countertops, your kitchen floor needs to be strong enough to take some abuse. Cheap flooring easily scuffs and peels (especially from moisture). Quality flooring is worth the investment.

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01 May 2017
by Anthony Van Der Wielen

 

 

 

 

 

 

 

 

 

 

 

 

 

Unless you built a custom home, you probably have a long list of things you’d like to improve in your current home. Browsing online listings might get you in the mood to upgrade to a new home, or you might be thinking about renovating your current home after binging on Pinterest and Lifestyle HOME. The answer to renovation vs. relocation depends greatly on what you’re trying to fix.

Thinking about a new kitchen? If you’re dreaming of a chef’s kitchen with new appliances and beautiful cabinets, renovating your own kitchen gives you incredible ROI and is less costly than moving. You’ll increase the value of your own home if you ever decide to sell, and there’s a great sense of accomplishment that comes with completing a custom renovation.

Need more space? If you’re running low on bedrooms, there may not be a lot of options. Converting an existing room to a bedroom doesn’t create any new space. If you’re in a unit/apartment, an addition is probably impossible. And additions can be expensive even if it’s a possibility. Moving is usually the best option.

If the neighbourhood isn’t ideal You may have seen some potential for your neighbourhood when you first moved there, but perhaps it still isn’t welcoming the shops and restaurants you expected. If that’s the case, consider moving. There’s no sense in waiting years for the neighbourhood to improve, especially if you can move to a house in the same price range in a more preferred part of the city.

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30 March 2017
by Anthony Van Der Wielen

 

 

 

 

 

 

 

 

No matter how much time you spend on researching and educating yourself about your home purchase, it’s hard to cover every detail. Here are a few tips for avoiding rookie mistakes with your first home purchase.

  1. Save as early as you can: Even if you think you’re years away from buying your first home, try to start saving for your down payment. It makes a huge difference in your monthly payments.
  2. Be thorough with mortgage shopping: There are countless resources out there that can help you get the best terms for your mortgage. It may seem like a lot of work to shave less than a point off your mortgage rate, but it’ll save you thousands in the long run.
  3. Consult a sceptic: You’re likely to fall in love with a home, and that can make it difficult to take problems seriously. Bring along a sceptical friend or family member who can give you an honest opinion.
  4. Be patient with getting settled: You’ll be anxious to make your new home your own, but take some time to see how your budget truly shakes out. In other words, hold off on big furniture purchases and remodelling projects.
  5. Make sure you’re happy with the neighbourhood: The house may be perfect, but don’t discount the surroundings. You don’t want to end up in the suburbs if you’re going to miss walking to your favourite coffee shop, and you don’t want to settle for the city if you’re looking forward to some peace and quiet.

The home buying process is always overwhelming. However, if you have an organized approach you can greatly reduce the chances of making an expensive mistake. Remember all the old advice about buying your first home. Have an emergency fund, get your credit into shape, save for the down payment, and don’t buy a house you cannot afford

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01 March 2017
by Anthony Van Der Wielen

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The next step after celebrating a successful offer on a property is settlement. Below are the things you need to know to ensure you are organised leading up to the big day!

Understand settlement

The settlement of a property is usually conducted between your settlement agents and your financial representatives and those of the Seller. Ownership passes from the Seller to you, and you pay the balance of the sale price, less the deposit already paid.

The seller sets the settlement date in the contract of sale which is usually 30-90 days or any other date that both parties agree on.

On settlement day, at an agreed time and place, your settlement agent (solicitor or conveyancer) meets with your lender and the seller’s representatives to exchange documents. They organise for the balance of the purchase price to be paid to the seller.

Final Inspections

The week before settlement, you will have the opportunity to do a final inspection of the property. You will need to contact the agent to arrange this inspection as they will go along with you.

The Seller must hand over the property in the same condition as when it was sold. Check that all the items listed on the contract are there and in the right condition/working order. Some items to check are:

Appliances, hot water system, heating and cooling units, structure, walls, light fittings, window and floor coverings, keys, locks and any garage door remotes.

Understand Outgoings

At settlement, all outgoings such as rates and other charges are adjusted between you and the seller. The seller is responsible for rates up to and including the day of settlement. You are responsible from the day after settlement.

You’re also responsible for paying land transfer duty or stamp duty. It’s usually paid on the settlement date. The title to the property won’t be transferred to your name until you have paid this duty.

Collect Keys

Once settlement is completed, you can collect the keys from the agent and take possession of your new property.

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12 January 2017
by Anthony Van Der Wielen

perth

 

 

 

 

 

 

 

 

In the three months to December 2016 Perth’s Median house price increased by almost two per cent.

REIWA.com data showed the median house price had lifted 1.9 per cent to $535,000 over the three month period.

This is now the second month in a row that the median house price has increased which suggests that the trade-up sector of the market is recovering.

Perth listings for sale declined by 11 per cent in December with 13,883 listings recorded in the Perth Metro Area. This is not unusual and could be contributed to the festive season where the market tends to be quieter.
Perth rental market

Perth rental market dropped back two per cent over the month of December, again this is likely to be contributed by the Festive Season and people preparing for the holidays. When compared with December of 2015, the rental market has increased by a huge 27 per cent.

The Perth rental market median house and unit prices remained steady over the three months to December 2016, holding at $380 and $340 per week respectively.

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