Monthly Archives: May 2019

What qualities your investment property must hold?

Buying an investment property needs certain elements to focus on. Pro real estate investors know which elements to focus on while buying an investment property thus they get good returns on investment. It requires accurate analysis, precise prediction and sufficient fund to buy an investment property.

Property valuers Melbourne help naive real estate investors to invest their money wisely in real estate. Even property experts consider to have certain qualities in the real estate which helps an investor to generate good returns on investment.

Here we are listing down few essential qualities an investment property must hold –

  • Right Location – The most vital, important and crucial element to consider while buying an investment property is location of the property. You can change the property by renovating it but unfortunately you can’t change the location of any property. So consider location is the foremost important thing to consider.
  • Strong Safety System – When people plan to living in any locality they then find the level of security it possesses. The most important factor which people consider before buying the property is – Safe area. Which means property where crime rates are low or no and security systems are there to caught the thieves. Even some societies are using high tech safe guard systems to provide the security to the residents.

  • Good infrastructure – Property valuers suggest to invest money in those properties where the possibility of having development in the nearby areas. This increases the capital value of the property with time and ultimately gives you good returns which you expect after investing money in real estate.

  • Low vacancy rate – Buy the property type which is in demand. Even properties with low vacancy rate tends to have high demand and vice versa. The property should fulfill the requirements of the people thus it becomes first choice of the people and finding the potential tenant for the property becomes easy.

  • Great amenities – Amenities like having offices, hospitals, schools, gardens, clubs, shopping malls near the property makes it more likeable among the people. This makes the lifestyle of the people easier.

Take the advice from the property valuer before finalising the property related decisions. Their industry experience, vast knowledge and good analytical skills helps people to draw right decision. The core aim of real estate investors behind the investment property is to make money by selling it or by keeping it on rent. Thus it is essential to have good qualities an investment property should hold.

Buying an investment property is tough decision. As it involves huge amount of money and risk associated is higher. So better to take the right decision under the guidance of the experts.

Feel free to contact our experts they are always ready to assist you.

get best price on home valuations

Are you living in the same house? Even after retirement

You must to think twice if you are doing so. You are a retired being or soon going to retire in coming years. We all have certain plans regarding our life – the way we want to live after retirement. If you don’t have one, it’s a high time to think about it. Yes, especially about the ‘home’ – the place where you are still living. When you were young and had kids you chose big space, so your family can live properly.

But by the time children have grown up and moved to different cities or location for their career. It’s pretty obviously, the space or home feels big cause you don’t have even members to live there now.

In such cases experts like property valuer Melbourne suggest – “downsizing”. Downsizing is moving down from big home to small one. Even property valuations Melbourne support this as the benefits of downsizing are many.

When you choose to do so you are welcoming the new lifestyle as you require everything less there –

Less time needed – Home cleaning is the biggest task ever. Maintaining the home is essential too. Bigger the space, the more it takes time to clean, declutter, decorate and arrange. Small home requires less time in cleaning. Which saves your minutes in a day, hours in a month and hassles of maintaining a home. Thus, in saved time you can pursue your hobby and do what you like, thus you will get more me-time.

Less money – As you are going to retiree you have to think about your budget, finance also. Basically small home costs less as compare to big ones. You can keep it on rent. Small home rents are lower than big home. Even maintenance costs of small home is comparatively less. Flat and apartments are easy to maintain. For retirees it’s become easy to maintain a good lifestyle with a small home.

Less efforts – The time of retirement is near and your age is going up day-by-day. You feeling less energetic and more tired. What if you have to manage a home with four bedrooms? It is going to become an uphill task for you. So better to have a two bedroom home which you can manage well and easily. Thus downsizing benefits retires.

Sale and buy new small one – If you owns a big house you can sell it off and buy a new small one which will cost you much less than the sales price of your old big home. Thus you can save thousands of bucks and can invest that money in buying another real estate property. Which you can later keep on rental basis. Thus instead of one big property you can buy two (in some cases). One for your own purpose and second for rental purpose.

Hence the benefits of downsizing are many. We have listed down only a few. Property valuer says – Take a proactive approach to housing as you age, it’s better for later.

Hire property valuer Melbourne and enjoy the right valuation services when choosing downsizing.

Melbourne Property Valuers

Qualities which makes your Real Estate Agent distinguished

You need a real estate agent to make an informed real estate property decision. As agents have spent years in practicing and understanding the real estate market. Their deep knowledge benefits the real estate investors and simplifies the property buying and selling process.

Being a greenhorn investor you should take advice from real estate expert. But the most common question arises in the minds of the people is – On which qualities we should focus on while hiring a real estate agent.

Here to simplify your task we have designed a list of qualities a real estate agent should possess. So before selecting the one make sure to check these qualities are there in your real estate agent or not.

Great knowledge – Real estate agent should know all about the local market trends, current condition, recent sales, market price, properties on sales and more. They should know well about these things which helps a naive investor a lot. Well the investor doesn’t know each and every minute detail of the property world. So better to hire a real estate agent with updated knowledge.

Good connections – Real estate business is all about networks, contacts you have and connections you make. Good connections simplifies you task and helps you to crack more deals and get more work. Their connects will help you in home buying and selling process. They know money lender who grants loan at great deals, professional lawyers, financial managers, property valuers Melbourne and more. This makes investor task easier.

Provides you right information – A good and reliable property agent provides you right and real time information each time and every time. They keeps you updated and and never hide any essential information from you. Transparency is the essential in providing the information related to real estate. A Good real estate agent maintenance transparency.

Clear and precise – A good real estate agent first understands your requirement and then start the work accordingly. To fulfil your purpose is always a main motto of the real estate agent. Some even prepares a questionnaire and ask you to fill it in order to bring the best results and help you to achieve what’s right for you.

Works in every condition – Real estate property world changes frequently and every investor, buyer and seller – demand and purpose varies. This brings a challenge in the work of real estate agents. So better to work as a real estate agent who is more flexible to adapt the changes with every client and flexible in nature.

You can find a real estate agent with these qualities over online by search and surfing. Even you can ask your friends and family to recommend you the best one.

For best property valuation services, Property valuers Melbourne are famous. They are registered, qualified, well trained, well educated. Their years of experience will help you in making the sagacious property related decision.

Contact property valuers Melbourne for right and real time valuation. Have a happy investment with valuations melbourne.