Getting your foot in the property market is always the hardest. Many first home buyers lack knowledge of the planning and buying process, not to mention the property market itself.
The property market in Sydney has long been a heated topic among families, investors, agents, and even Gen Y-ers themselves.
Simon Cohen MD of Cohen Handler was recently interviewed by Shaun White for a Sunrise story on “Real Estate Is Going 3D”. You can watch the entire story here.
Renovations market recovering, slowly More homeowners are considering renovating over upgrading as the renovations market slowly recovers. Renovations activity is slowly getting its momentum back after slumping to a 10-year low in 2013 following the global financial crisis, the Housing Industry Association says. Strong property prices have boosted demand for renovations in markets like NSW,
In May this year, a parking space in Potts Point sold for $264,000, quickly becoming the most expensive car park in Australia. While this sounds like an exorbitant amount to pay, it highlights the value of even a small space within close proximity to the CBD. As recently as last month, the finale of Australia’s
The property market in Australia has become increasingly competitive, which has lead to more people seeking that winning edge. Statistics from CoreLogic RP Data show the effects of this rivalry, as between December 2008 and June 2015, property prices in Sydney and Melbourne surged 68.8 per cent and 54.1 per cent respectively. This growth can also
Purchasing a property and taking out a loan in Australia are typically one and the same. Borrowing to buy pricey items is basically part of financial reality, because how many of us could afford a home out of our own pocket? According to the Australian Bureau of Statistics, we (owner-occupiers and investors) commit to about
More and more Australians are making their first step on the home ownership ladder an investment property. Mortgage Choice conducted a widespread survey on a number of property investors around our country in July 2015. More than 36 per cent were, in fact, first-time buyers, a substantial increase from 21.1 per cent at the same
Property Type: Primary Residence Free Standing Address: Govett St, Randwick, NSW, 2031. Listing Status: Off Market Date of Acquisition: March, 2015. Acquisition Price: Not Disclosed Ownership Structure: Individual ————— Macroeconomic Concerns The clients had specifically identified North Randwick as their preferred suburb to settle and develop a family home. The clients
Are you breaking a sweat trying to buy a home in a fiercely competitive market? Caroline James from RealEstate.com.au takes you through a list of things all buyers should consider when buying property in a highly competitive market. Cohen Handler’s Co Founder, Simon Cohen gives his professional opinion on some of these points. “In 2015,