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Property Agents Hold Expertise Knowledge about Australian Real Estate Property Market

Property Agent

The property buying rules differ for residents and non-residents in India. Same holds strong in case of Australian real estate property market also. If you are not an Australian resident, you cannot invest in every piece of land. Let’s take a brief look on residential property buying rule for Australian residents and non-residents.

Residential Property Investment by Australian Residents – The temporary residents of the country can only buy single established dwelling for their personal usage. They can also buy a vacant land with the sole purpose of building new dwellings. However, they cannot buy established dwellings for investment purpose in Australia.

Residential Property Investment by Non-Residents – The foreign residents are allowed to buy new dwellings, under construction properties and vacant land with the purpose of development.As they are not residents of the country,they are allowed to buy established dwelling only when they demolish the said dwelling and within 4 years of date of approval build the new one.

Like this, there are many other regulations regarding property tax, housing loan procedures, etc., which differ for residents and non-residents. So, if you are interested in making investment in Australian residential property market, it is advice to get associated with reputed property investment companies like Dream Design Property, etc.

Benefits with Property Agents

There are not one or two but myriad benefits client get after associated with reputed property buying agent like Dream Design Property. Some of those benefits are:

  • The agents have expertise knowledge of Australia property market and help clients in choosing the right property.
  • They help clients in closing the deal in limited time frame at the right location.
  • They help in negotiation process.
  • They take entire onus of completing all legal formalities with regard to purchase and sale of residential and commercial property in Australia.
  • They offer exemplary property investment solutions to both residents and non-residents of Australia.

So, invest your hard-earned money wisely by seeking guidance from reputed property buying agents.

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5 factors which make property investment an ultimate option

Property Investment

With great power come great responsibly and the same goes for your investment options. Nowadays, there are numerous investment options and therefore you need to choose wisely but a good investment option is the one that gives you high return with minimal risk and property investment fits like a glove in such criteria.

Property investment has turned out to be one of the most profitable investment options as now this investment option is no longer complicated and expensive.  By investing in property, you can generate passive income and if the value of the property increases over time then it can turn out to be a good investment option. But you also need to make sure that you are ready to start investing in property as it can give you expected returns only if you invest wisely.

So, in this blog post, we will be looking at the 5 factors which make property investment an ultimate option.

High tangible asset value

You should know that there will always be value at your home and in your hands as well. Most of the investment options will leave you with minimal or no tangible asset like stock which can fall down to zero value or a brand new car, the value of which decreases over time. But in case of your property investment, your assets will always be protected (through home owners insurance) even in the worst case scenario.

Tax benefits

Along with long-term rewards, property investment can help you save money in the short term as well. Tax benefits in property investment are short term rewards which come as an add-on. You should know that property investment gives you tax advantages through deprecation, negative gearing, capital gains tax exemptions, and claim of interest on your mortgage.

Value always increases over time

There is no doubt in the fact that the longer you hold your property, the more money you will make. The housing market has always recovered from the past falls that become a reason for the home appreciation to dip down and all those people who didn’t lose the grip on their property during those times, prices have returned back to normal for them. So, by investing in property and holding it for long time, you are making sure to get big and better returns.

Diversifies your portfolio

If you have ever contacted a financial planner regarding your investment options and financial planning then you must have understood the importance of diversification.  By diversifying your portfolio, you basically spread your risk and wipe out the chances of being financially broke because of being restricted in your portfolio. Property investment will always act as a safe tangible asset that will mitigate the risk in your portfolio. Many people have increased their wealth just by investing in property.

So, if you are not able to make a decision with your property investment options then you should always choose property investment since it is seamless, less risky and gives high returns. 

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Sell Residential Property Fast by Hiring Professional Property Agents

Many people plan to sell their home without hiring property advisors in order to save some money. But they fail to understand that hiring the proficient services of real estate advisors or property investment company like Dream Design Property is quite profitable in a number of ways. Are you still wondering, how? Here are the benefits a prospective seller will get by hiring the services of property consultants:

Listing Property at Right Market Prices – Several factors like location, year of construction, quality of construction, ongoing market trends, current market prices, etc., determine the price of a property. A common person does not have extensive knowledge about the residential marketplace, thus there are high chances he may list the property at lower or higher price. With the help of property consultants, it becomes easy to list the property at the best possible prices.

Saves Time –Selling a property is a time consuming process. Several buyers look the property and only a handful of them show their interest. Moreover, it may possible that every time a seller is not available to answer the queries or show property to the prospective buyers. In such cases, property agents are of great help. They will take entire onus of selling your property by showing your property to making follow-up calls to interested buyers.

Helps in Negotiation – Negotiation is art in which real estate and property investment companies hold expertise.The company’s professional understandsthe real estate market and negotiation tricks. They give assurance to seller to fetch the right price of his property by applying right negotiation skills at the right time.

Extensive Network – The real estate advisors have wide network. They remain in touch with the both parties – buyer and seller. Thus, as soon as you approach them, they take no time in getting into the action and help you in getting the right buyer as earliest as possible.

So, it is not wrong to say that shelling out some money in order to get right price of your residential property in limited time frame is a worth taking risk. If you are willing to resale the property in Australia, Dream Design Property can help you.

Avoid These 4 Mistakes while Making Property Investment

Real estate investment is one of the most profitable investment avenues. Of late, many people are investing their hard-earned money in real estate by purchasing commercial or residential property from investment point of view. However, while making real estate investment, it is necessary to follow cautious attitude and do not end up making these common property investment mistakes.

Not Making Adequate Research – Before purchasing any property, it is necessary to make extensive research about the locality, civic amenities available, rental rates, resale value, etc. No matter you are making an investment in commercial or residential property, every factor counts and affect the property rate significantly.

Underestimating Costs –The prices, as quoted by real estate agent, only includes the cost of property. A buyer must consider the other associated property costs like stamp duty, registration cost, renovation cost, etc., which usually increase the property price significantly. So, make it a point to get clear cut idea about the total cost of the property before making any purchase and negotiate accordingly.

Not Hiring Services of Professional Property Investment Company – Many people think hiring property investment company is an expensive proposition and they try to manage all tasks related to property buying themselves. However, it is a big mistake. The well-established property investment company like Dream Design Property aims at offering end-to-end solutions to clients by assisting them in finding the right property, making negotiations and completing entire paperwork associated with property transfer.

Availing Tax Benefits – The tax benefits obtained on purchase or sale of commercial and residential properties vary from one country to another. A common person does not have in-depth knowledge of the same and sometimes, he even forgets to avail the tax benefit and ends up losing scores of money.  The real estate property consultant like Dream Design Property have in-house professionals, who calculate tax implications associated with sale and purchase of a property and informed clients accordingly.

Property Investment proves quite profitable in the long term if a person invests in the right property at the right time and in the right location. To get all the factors right, hire the professional services of property investment advisors.

What Makes Australia the Dream Country to Live In?

Staying on rent is posh villas or an Australian suburb cannot be a solution for a lifetime. You need to move on and invest to buy a property. There are many options open so that you can easily choose to buy a property in dream locations. The city can be any – Sydney, Melbourne, Brisbane, Perth or others. But, the property that you get to buy is always a stunning home that can range from a one bedroom apartment to a three bedroom house.

The homes are neat and tidy, brimming with innovative ideas, and comfortable in their every sense. You can buy these homes very easily with a little bit of planning and the willingness to invest. For that you may not even borrow loans, just a steady income from a good job, may serve the purpose. But, if you think you would need a loan, then borrowing too is made simple with no hassles at all. Even if you are a foreigner, still you can think of buying a property in Australia and see your dream coming true in a short time.

Reliable Advisor

There are property advisers like Dream Design Property that you can approach to find information and support that is unimaginable. The adviser gives an idea of the latest deals in property and lets you know which all can be the best investments.So, your risk of investment gets minimized, as now you can securely own a property in the city of your choice.

A Promising Future

The picturesque locations of Australian cities are the destinations for a dream house. People want to get settled in the country as it has plenty to offer. A promising future and all the facilities that make a great living are all available here. This is what makes people impatient and they want to invest in property as they know that it would result in a happy and prosperous life.

Awesome Nature

Living in the country keeps you close to nature. You can breathe fresh air and stay attached to the myriad wonders that nature has to offer you here. So, that assures a healthy living with no word like ‘pollution’ found, in-spite of the fact that population is increasing rapidly.

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Why investment property in Melbourne is a good idea?

Melbourne Property

The perception of grass is always greener on the other side is very common among people and that’s why even after living in one of the most modern, opportunistic and growing city like Melbourne, people plan to invest in another state.  But you might be thinking that the grass is always greener on the other side because you haven’t looked at your own backyard for a while.

Putting your money in the investment property in Melbourne is a very good idea as it will allow you to fulfill your Australian dream and get the expected result from your investment without taking a lot of risk and without even putting a hefty amount of money.

Melbourne is the most admired city when it comes to investment property because it gives good value on national level, minimized level of holding risk and better capital growth in comparison to other options of investment property in Australia. So, in this blog post, we will be looking at the above-mentioned advantages of putting your money in investment property in Melbourne in a more detailed way.

Lower risk

When it comes to risk in investment property then it is zoomed in to holding risk. The holding risk is the financial risk of not being able to service the loan on an investment property which results in liquidation.  But the chances of holding risk are very minimal in Melbourne because of job opportunities, numerous national and international immigrants, major employers, etc. and all these factors underpin the rental income on your investment property.

Better chances of growth

Since Melbourne is such a fantastic city to live in, the chances of growth in the city are better than other option. What you will invest today will grow like anything in the future and that’s the best part of putting your money in the investment property as with the growth of the city, your investment also grows. If you will choose a good property adviser like Dream Design Property, then you can cross your line of expectation from your investment and get unimaginable result.

Increasing population

If a city has increasing population then putting your money in that city in the form of investment property is a good idea and that’s why Melbourne is an ideal city for investment property. According to the population prediction of Victorian Government, the population of Melbourne will reach 8 million by 2051. All these growing numbers of people are going to look for a place to live and that’s where the opportunity for the investment property rises.

Putting your money in the investment property in Melbourne is always a good idea as along with the wide opportunity, this awesome city offers lower risk in comparison to other options of investment. So put your money to use and invest in Melbourne in the form of investment property.  

Things to keep in mind with your first property investment

Many people consider property investment as a cakewalk but it’s not that simple otherwise everyone would have been doing it. But you also need to consider the fact that it is not rocket science and with proper knowledge and precise steps you can make your property investment the most profitable moment of your life.

There is a large group of people who go wrong with their first-time property investment and there is nothing wrong in it as every step you take in life adds up to your experience and minimizes your chances of further mistakes in that field.

In this blog post, we will be looking at some of the most important things which you need to keep in mind while making your first move in the property investment.

Keep your emotions aside

There are many investors who end up paying more than the actual worth of the property because their decision is based on emotions. But if you are buying the property from an investor point of view then you need to keep your emotions aside and think rationally otherwise you will not get the desired return on that particular property. Keep your focus limited to the finances and don’t pay too much attention to the fixtures.

Don’t expect quick return

If you are considering your property investment as a get-rich-quick scheme then you are living in your world of misconception. There is no chance of getting financial freedom from your property in less than six or twelve months until you are using a very aggressive strategy and lots of money. You need to be patient with your property if you want to get the desired return. Don’t invest in property if you hate your job and want to invest in property and then relax on a beach for your lifetime.

Choose an expert

As said earlier, property investment is not a pie and therefore rather than going alone and making wrong decisions in the world of property investment, you should choose an expert to get the desired result. A property expert like Dream Design Property can really make your wish of investing in your dream property come true. Whether it is about finances or specified purpose of investing in property, experts will guide you on your each and every step.

If you are careless with your property investment then your dream of getting more than your expectation can turn into a nightmare. Be patient and choose an expert while investing in your first property and let your investment act as a magic wand for your personal finance.

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Why most of the people fail at property investment?

Property Investment

According to a study, it has been found that out of 2 million property investors in Australia, only 18 percent are able to invest in more than two properties and one percent are able to invest in more than five properties. The property investment industry looks very lucrative to many people but only a handful of them are able to make it a profitable deal.

There is a wide list of mistakes committed by property investors which makes their every move in the industry a failure. But in this blog post, we have compiled a list of some of the most common mistakes which becomes the biggest reason for people failing at property investment.

Being too selfish

Property investment involves a lot of money and therefore most of the people always look for a perfect deal but when it comes to real estate then instead of purchasing property on personal preference, you should prioritize the need of the target tenant. Being too selfish with your property investment can also result in a disaster.

Not being patient

Patience is surely a virtue when it comes to property investment. If you are dealing with real estate then you should consider it as a long term commitment and that’s how you are going to survive in this neck-wrenching industry without suffering huge losses. Most of the people fail at property investment because they lack patience and flip the property for a short term profit. But if you need to enhance capital growth, you need to hold your property for at least 7 years.

Lack of analysis

Another major reason for failing at property investment is lack of analysis. If you are thinking that your property investment transaction will get completed quickly then you need to overcome this misconception as without proper analysis, most of your decisions in the real estate industry will not go well. Never make any deal in the real estate without doing the maths as the real estate industry is dominated by people who are good at analysis and who are very patient.

If you don’t want to fail with your property investment then you should avoid doing the mistakes mentioned in this blog. You can also choose an expert like Dream Design Property in order to avoid any chances of mistakes with your property investment.

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Use these parameters for choosing the best real estate agent

Real Estate Agent

It doesn’t matter whether you are a newbie at real estate or an expert, having the right real estate agent by your side will always be advantageous. It will not only make your transactions profitable but it will also assure that you go through a seamless process.

But with more power comes more responsibility and with many options of real estate agents, sometimes choosing the right one becomes quite tricky. Therefore, we have compiled a list of parameters which you can use in order to choose the best real estate agent.

Get in touch with recent clients

is to look at the customer reviews and get in touch with genuine clients. By doing so, you will get an exact idea about the service of the real estate agent. Ask the clients about the price, the post-purchase service and level of transparency.

Level of experience

An experienced real estate agent will surely be able to guide you well in comparison to a new player.The real estate business is a commission based industry and therefore survival of any player for a long term with awful service is next to impossible. But still, you should prefer an experienced real estate agent over a newbie in order to gain maximum profit while being protected from each and every type of risk. An agent who has dealt with different types of situation will be less likely to be rattled.

Find an agent who can trust you

Trust is very much important in the real estate industry, therefore, you should choose an agent whom you can trust. A real estate agent who has a good reputation in the market, who maintains the highest level of transparency and who can be always available for clearing your doubts and solving your problems is more trustworthy than any other player in the market.

You should never choose a real estate agent in a hurry because a bad real estate agent can ruin your experience of the real estate industry and can also burn a hole in your pocket. Use expert services like Dream Design Property when it comes to real estate agent and make your every transaction of real estate successful.

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The advantages and disadvantages of living in an apartment

apartment

The real state sector has gone through a vast stage of evolution and due to such fast-paced evolution, now people have multiple options of housing styles. Although now people have a wide range of options when it comes to housing styles, the most admired and popular housing style which is preferred by a majority of people is apartments. But nothing is perfect in the world and therefore even the most preferred housing style has its own advantages and disadvantages.

So, let’s take a quick look at some of the advantages and disadvantages of living in an apartment so that you can get to know both sides of the coin.

Advantages

Economical

One of the major advantages of living in an apartment is its pocket-friendly pricing. The rent which you pay for your apartment is generally cheaper than the mortgage and therefore choosing an apartment over any other housing style proves to be cost-effective. And if you choose an expert like Dream Design Property for renting an apartment then you can be assured about the economical prices of apartments.

Easy maintenance

Along with the pocket-friendly pricing of the apartment, you also don’t have to take the headache of maintenance as it is handled by the owner. So in addition to skipping the cost involved in maintenance, you are also able to remove the maintenance of apartments from your to-do list.

Safe

Although people also invest in security when it comes to their own house the close proximity of neighbours along with the multi-unit dwellings of apartments can’t be matched with your own installed security system. The security of the apartment is best suitable for single women, children, families and old aged people.

Disadvantages

Restriction with space

If you are living in an apartment, then the chances of making an extension are nullified. So if you are thinking of moving into an apartment then you should be prepared to adjust with the available space but with time, everything will start looking comfortable and cozy.

Parking issues

If you have a car with you then you might face a few problems with the parking. Most of the apartments have allotted parking space for each flat but because there is a lot of free space as well, you might not find your parking space free when you return with lots of groceries.

Moving in an apartment is not a wrong decision as it all depends on your need and requirement.  Along with safety and pocket-friendly pricing, you are also able to avoid the headache of maintenance after moving into an apartment. Analyse both the pros and cons of moving into an apartment and then make your decision.

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