Buying

Sydney's Property Market Heating Up? What a Potential Rate Cut Could Mean for You

Rate cuts typically bring positive changes. Research shows Sydney prices usually rise 3-6% in the six months after a rate cut (PIPA Market Report, 2024).

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NSW Strata Reforms: Easier Strata Living and Enhanced Owner Protection

New laws aim to improve strata living in NSW, focusing on accountability, affordability, and sustainability.
Published: 20 November 2024
Released by: Minister for Better Regulation and Fair Trading

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$4 Million Additional Funding for Enhanced Tenant Advice and Advocacy Services

Published: 29 October 2024
Released by: Minister for Better Regulation and Fair Trading

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Compensation Following Compulsory Acquisition

This document aims to guide professionals on how the Valuer General determines compensation for the compulsory acquisition of land. For in-depth information, please download the guidance document below.

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Why Land is Valued and its Uses in NSW

In New South Wales, the valuation of land is an essential process managed by the NSW Valuer General, who oversees the valuation of over 2.6 million parcels of land each year. This system is designed to ensure that land values are fair, accurate, and consistent across the board.

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First Home Guarantee: Helping Aussies Get Into Their First Home

Looking to buy your first home but struggling with the deposit? The First Home Guarantee (FHBG) might just be what you need! Part of the Australian Government’s Home Guarantee Scheme (HGS), the FHBG helps eligible home buyers get into the property market sooner by offering a government-backed loan option.

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Aboriginal home buyer saver

If you're an Aboriginal Housing Office (AHO) or social housing tenant dreaming of owning your own home, there are three grants that could help make that dream a reality. These grants offer eligible Aboriginal people a one-time financial boost to ease the journey to home ownership.

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Family Home Guarantee, Australia

The Family Home Guarantee (FHG) is designed to help eligible single parents and single legal guardians purchase a home. This is part of the Australian Government's Home Guarantee Scheme (HGS). Administered by Housing Australia, the program aims to assist either first-time buyers or those who have previously owned a home.

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The Benefits of Investing in Property in Sydney’s Eastern Suburbs

Investing in property in Sydney’s Eastern Suburbs has long been considered a sound financial decision, offering numerous benefits such as strong rental yields and capital growth. This blog will explore the key advantages of investing in this sought-after region, backed by market trends and case studies.

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Pre-purchase Inspection Reports

In addition to inspecting a home yourself, obtaining building, pest, or strata inspection reports from licensed professionals can provide valuable insights. Here’s what you need to know about the process:

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Buying a Home at Auction

Auctions can be tense, especially for first-time bidders. This guide will help you prepare before attending an auction and understand what to expect on the day.

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FHG How to Apply

The Australian Government's Home Guarantee Scheme offers crucial support for single parents or legal guardians looking to purchase a home.

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Gardening 101

Gardening is not just a hobby; it's a therapeutic, fulfilling, and rewarding activity that connects us with nature. Gardening is accessible to everyone. If you're new to gardening and eager to get started, this beginner's guide will provide you with the basics to kickstart your gardening journey.

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Tenant Responsibilities Regarding Damage

Tenants must maintain the property in good condition and refrain from causing or allowing damage, whether intentional or through negligence. This includes damage caused by other occupants or invited guests. If damage occurs due to tenant actions, the landlord or agent has the right to request the tenant to repair the damage or cover the costs if the landlord or agent carries out repairs

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Rose Bay, Sydney

Long before the arrival of European settlers, the land upon which Rose Bay now sits was inhabited by the Indigenous Gadigal people. These Aboriginal communities thrived along the picturesque coastline, living in harmony with the land and leaving behind a legacy that still resonates in the area's cultural fabric.

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Indoor Plants and Basic Care

Indoor plants have become more than just decorations; they are living, breathing companions that can enhance the aesthetics of your living spaces while contributing to a healthier environment. Beyond their beauty, indoor plants offer numerous benefits, such as improved air quality and stress reduction.

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Murray Property: Your Reliable Partner in Paddington's Real Estate Scene

In Paddington, Sydney, having a trustworthy real estate agent matters. At Murray Property, led by our Founder and Director Manager, Michael Murray, we're all about making property management and renting as hassle-free as possible. We're all about keeping things simple so that you can enjoy your rental without any added stress.

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Understanding the Residential Sales Process in New South Wales

In New South Wales, selling a residential property involves a structured process and certain legal requirements that sellers and buyers must adhere to for a smooth transaction

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The Offer Process When Buying Property

Making an offer on a property is a significant step toward potential ownership, but it's crucial to recognize that it doesn't finalize the sale. Before contracts are exchanged, sellers might entertain other offers, leading to a scenario where your expressed interest might be surpassed by another buyer, a situation commonly known as being gazumped

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Tenant Rights: Entry Guidelines for Landlords and Agents

When it comes to renting, tenants are entitled to reasonable peace, comfort, and privacy. The law imposes restrictions on how and when landlords, agents, or their representatives can enter a rented property. Here's a breakdown of the rules to ensure both landlords' interests and tenants' rights are respected.

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Swimming Pool Regulations NSW

The stipulations outlined in the Swimming Pools Act of 1992 to swimming and spa pools situated on properties that feature residential buildings, movable dwellings, or accommodations intended for tourists and visitors.

These legal provisions are pertinent to your situation if you own a property furnished with a swimming pool or spa pool.

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Solving Issues in Residential Rentals

To effectively address any issues or complaints, the initial step is to thoroughly review the terms of your tenancy agreement. The tenant and the landlord or agent should earnestly attempt to resolve disputes through direct communication. Any agreements reached should be documented in writing to ensure clarity and prevent future complications.

If a mutually satisfactory resolution remains elusive, tenants, landlords, and agents in New South Wales can access our free tenancy and real estate complaint service. We are here to provide guidance and support in navigating the complexities of these issues.

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Resolving disputes through the NSW Civil and Administrative Tribunal

The NSW Civil and Administrative Tribunal, often referred to as "the Tribunal," serves as an impartial entity responsible for hearing and adjudicating on various applications, particularly those submitted by tenants and landlords. If you find yourself in a situation where:

1. Mutual agreement remains elusive through Fair Trading's mediation efforts,
2. You seek a termination order, or
3. Your specific complaint falls outside the scope of matters handled by Fair Trading.

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The Importance of Professional Video and Photography for Listing Your Beachfront Rental Property

When renting out your property in the panoramic paradise of Sydney, Australia, first impressions are everything. Sydney's stunning waterview fronts and proximity to beautiful beaches make it a sought-after destination. Professional video and photography are key in making your property stand out in this competitive market. In this blog, we will explore why investing in high-quality visuals is essential for successfully listing your property for rent in Sydney's coastal views.

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Strata Parking Rules: What You Need to Know

If you're a resident in a strata property, it's crucial to be well-informed about your complex's parking rules.

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After Completing Your Construction or Renovation: Maintaining Your Home and Records

Embarking on a construction or renovation project is just the beginning of your homeowner journey. To ensure the longevity and maintenance of your newly built or renovated property, it's crucial to understand the maintenance requirements and the importance of keeping relevant records. Here, we'll go into the post-construction considerations that will help you preserve your investment.

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Sydney Sees Drop in Property Prices

While property prices have increased in other parts of the world, Australia is seeing the cost of property decrease in the first two quarters of 2022. Sydney has seen the most significant decline in Australia.

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Benefits of Using a Property Management Company

Using a property management company will help you get better returns on your investment property. Professional property managers have a deep understanding of the market and know how to screen tenants for income and responsibility. They can also help you avoid potential troublemakers. Using a property management company can also increase the value of your property.

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What Can New South Wales Property Owners Expect in 2023?

During the last three years, the prices of properties in New South Wales have risen, and this trend may continue to grow. In addition, there are signs that consumer sentiment in this state is declining, which can affect property management businesses in the state.Consumer sentiment is down in NSW and Victoria

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Discovering the Beauty of Art: An Exploration of the Must-Visit Galleries in Sydney

Sydney is known for its vibrant arts scene and diverse range of galleries. Whether you’re a seasoned art collector or simply looking for a unique day out, Sydney has something for everyone.

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The Importance of Having Professional Photos and Videos When Advertising Your Property in Sydney

As a property owner in Sydney, you want to showcase your property in the best light possible to attract as many potential buyers or renters as possible.

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A Step-by-Step Guide to Renting Your First Home in Sydney, Australia

Congratulations on taking the first step toward finding your dream home! Renting your first home can be an exciting but overwhelming experience, especially if you’re new to the process. This guide will help you understand the essential aspects of renting a home, including residential tenancy agreements, bonds, and condition reports.

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A Beginner’s Guide to Mortgages in Australia

If you’re in the market to buy a home, you may have come across the term “mortgage.” A mortgage is a loan you take out to finance the purchase of a property. In Australia, mortgages are a popular way to buy a home, but they can also be quite complex. In this blog, we’ll walk you through everything you need to know about mortgages in Australia, from how they work to how to apply for one.

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Sydney’s Eastern Suburbs Witnessing Upsurge In Demand

Eastern suburbs like Kingsford, Daceyville and Kensington are witnessing a strong upsurge in demand as buyers are moving away from more traditional areas without venturing too far from the CBD. From factors like lifestyle and natural beauty to convenience and vibrancy – the Eastern Suburbs remain attractive. Find out more about why these suburbs have become so alluring to buyers and renters in Sydney.

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4 Smart Considerations Involved in Upsizing Your Home

Upsizing may sound simple − the process of finding a bigger home. In reality, it’s a lot harder than you think. While upsizing may be necessary, it can be time-consuming and complex. There are several reasons to upsize − growing families, accommodating ageing parents and work from home lifestyles require more space. To determine whether upsizing works for you and to get it absolutely right, consider these smart factors for upsizing before taking the plunge.

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4 Smart Considerations To Follow When Looking To Buy A Townhouse

A townhouse is a low maintenance alternative to a standalone home and typically offers more space than most apartments – making them a popular living proposition for many homebuyers wanting to live closer to the city. Here are 4 smart considerations to follow if you’re looking to buy a townhouse.

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Every Successful Property Investor Has A Team of These 6 Experts

A successful property investor recognises the need to engage with experts who understand the real estate business. This serves as a good tactic to build a large and profitable portfolio. Investing in real estate involves a range of tasks, which is impossible for you to do yourself without restricting your growth. We find out from 6 experts why a professional team can help you become a successful property investor.

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4 Potential Property Types for First-Home Buyers

Investing in your first home can be both exciting and terrifying because of the colossal financial commitment you plan on making. With a myriad of exciting homes and properties available in the market, it can be daunting for first-home buyers to make a choice that’s right for them. This guide is designed to display different property types to help you in your quest to find your perfect first home.

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Understanding Strata Real Estate

If you’re looking to buy property in Australia, you should become familiar with Stratas, especially if you have apartments in mind. While this has become an accepted real estate option in Australia and several other places, most people don’t have a working knowledge of what a Strata entails.

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Sydney Suburbs Which Achieved High Rental Growth In 2016

Rental growth is a key priority for property investors because it assists with mortgage repayments and adds to overall income. Investors looking to hit Sydney’s lucrative property market should consider suburbs with high yield potential based on historic data.

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Sydney Suburbs Earmarked For Capital Growth In 2017

The prices of homes in Sydney suburbs in 2017 are expected to grow modestly in comparison to previous years, but some areas will likely outpace others.

Michael Murray, Managing Director of Murray Property claims, “Sydney has witnessed huge growth numbers in the last few years. But the current housing development boom will eventually slow down the rate of growth. Nevertheless, some suburbs will continue to benefit from hefty value increases. Convenience, infrastructure and accessibility will play all-important roles. This is great news for people looking to get into the market now or those who already own homes there.”

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Are Off-The-Plan Properties A Smart Investment?

Buying an off-the-plan property effectively means that you’re entering into a legally binding contract to purchase a property when it is a blueprint. Buying a property that hasn’t come up yet may seem odd to some, but it has the potential to turn into a good investment for some people. Your estate agent can help you establish whether this investment is worthwhile based on your personal situation, but here are some considerations to establish whether off-the-plan properties are a smart investment for you.

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4 Factors to Consider When Buying a New Home

Now that you’ve saved enough money for a down payment on a new home, you’re one step closer to becoming an official homeowner. But before you make a final decision, you need to consider some aspects that include your family’s needs and lifestyle. Here are some factors to consider when you buy a new home.

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Exciting Home Purchases Within 10 km Radius of Sydney’s CBD

Sydney real estate comes with an expensive price tag, but certain inner-city suburbs still have properties at more competitive rates than others. With housing demand between owner occupiers and investors reaching an all-time high, this list will give you a look into some of the more reasonable home purchases within a 10 km radius of Sydney’s CBD.

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4 Considerations When Making An Offer On A Property

If you’ve found a property that you love and want to make an offer, then you should know where to begin. No one wants to pay more than the market value, so find out how you can get the best deal with these considerations.

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Sydney’s Top Millionaire Suburbs

Finding a home in any Australian capital city will set you back hundreds of thousands of dollars, but some suburbs answer only to millions. Here are some of Sydney’s top millionaire suburbs you’ll want to live in – if you’ve got the spending dough. The median price value for each suburb is based on a CoreLogic RP Data study.

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5 Must-Have Characteristics for Vintage-Style Period Homes

There’s something ornately beautiful about Victorian era homes with their curved bay windows, iron railings and brickwork patterns. If you’ve set out to buy a vintage-style period home, you’ll want to look for features that transport you to another era in dramatic style, so you can be especially proud of your new home. Here are some must-have characteristics to look for in vintage-style period homes:

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4 Family Friendly Suburbs In Sydney

Raising kids is perhaps one of the most important things you’ll ever do in your adult life − coming with a whole new set of responsibilities you never imagined possible. The environment that you live in is sure to make an impact on your child during his or her formative years. So why not choose a suburb that stimulates growth and development in children? Here are 4 family friendly suburbs in Sydney if you’re looking for a great place to live and raise your children.

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5 Highly Sought - After Seaside Locales in Sydney

Sydney is perhaps one of the most vibrant cities in the world that offers a faultless juxtaposition of dynamic city living with a spectacularly tranquil coastline. With beaches aplenty offering an exciting opportunity to enjoy the sun and sand, Sydney’s coastline offers a range of excellent restaurants, recreational activities and accommodation to suit all types of budgets and lifestyles. Let’s look at 5 of the most highly-sought after seaside locales in Sydney.

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5 Affordable Sydney Suburbs For First Time Investors

With property prices at its peak, first time investors or families can find it difficult to find a home that’s within their price range. Despite the swelling prices of the inner and middle ring Sydney suburbs, some great opportunities still lie in the outer ring to buy cheap properties with the potential for good returns in the future. Investors will also typically find larger properties in a lower density landscape – a factor that many renting families are now leaning towards.

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5 Sydney Suburbs With Amazing Sporting Facilities

Sydney is an incredibly vibrant city with lots of buzz and activity throughout the year. If you’re the sporting type or are keen for your kids to get into sport-related activities, you’ll want to live in a suburb with good access to great sports facilities. Here are 5 Sydney suburbs with some amazing sporting facilities.

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Purchasing Costs To Expect As A First Home Buyer

Buying your first home is perhaps one of the biggest financial decisions you’ll ever make in your life and it’s an excellent choice to get your life on the right track. But when setting aside a budget for your home, you should know that the cost of buying a house often exceeds the face value. This is because there are certain costs you will incur to finalise the purchase of the home. When you’re a first home buyer, these costs can seem intimidating. This guide is designed to help you determine the costs involved in buying a house, so you can set aside your budget accordingly.

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5 Suburbs For Top Rated Schools In Sydney

Decided to make the move for a new job in Sydney? Perhaps the company has offered you a promotion and pay hike – but you also need to uproot your entire family. But when you’re an expat from another country, there isn’t much you know about the city, is there? You need not fear – Sydney is a sprawling city and is excellent for raising children – with its spectacular beaches, splendid weather, plenty of open spaces and – fantastic schools. Moving your family and kids to Sydney won’t be as hard as you think if you know what to look for. Since most schools tend to admit students from around the area, you may need to choose a good school before hunting down an apartment or home for you and your family. This list uncovers 5 suburbs for top rated schools in Sydney.

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How To Purchase Real Estate At Auction

Auctions are a daunting proposition – especially if you’re in it for the win, but without the experience of what goes on in an auction. Many prospective homeowners like to be part of the auction process – after all, investing in a home is perhaps one of the biggest investments you’ll ever make. While auctions are filled with experienced professionals who know how to get a good price, it’s not as tough as it sounds – especially if you stick to a few simple rules. And most importantly, you need to stay calm and open-minded – making decisions based on emotion will do your pocket more harm than good. Here are some golden rules to stay ahead of the pack in an auction.

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4 Ways To Save For A Home While Renting

Doesn’t everyone dream of owning their own home, so they have something to call theirs? Buying a house is not only a prudent investment, but it also equips you with a lifelong asset. Saving for the initial deposit can seem like a daunting task, especially when you’re renting and have other household expenses to consider. So how do you go about saving up enough money to buy your own home? Here are some ways to help you save for a new home, while you live in rented accommodation. It may sound easier while penned down, but with some effort and discipline, you’ll be well on your way to buying your own home in no time.

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5 Considerations When Buying An Apartment In Sydney

If you’ve set your sights on buying an apartment in Sydney, close to the city then you’ve got your work cut out for you when it comes to finding a suitable home to match your expectations. What should you look for when buying an apartment? How do you determine an appropriate budget? Here are some smart considerations when buying an apartment in Sydney.

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3 Potential Issues To Look For When Completing A Property Inspection

With real estate prices skyrocketing all across the country, it’s difficult for home buyers to make inroads into the property market today. Even if you’re able to cough up enough money for the initial deposit, there’s the chance that you have to make drastic modifications to your lifestyle to fund this financial encumbrance – that’s why when you’re house hunting, you’ve got to make sure that you’ve made the right decision. The property market is a large one, so you have the opportunity to inspect several different homes before making the decision to buy. Here are 3 easy tips that all homebuyers should follow when completing a property inspection and their due diligence.

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