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Real Estate - September 2006

Real Estate Agents in Brunswick VIC

September 29th 2006 00:55
These are two real estate agents that service the Brunswick and surrounding suburbs of Victoria.

Chan Real Estate

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Bondi

September 28th 2006 00:43
Today’s Better Know a Suburb, the tourist mecca that is Bondi. The famous beach, the land of local and international celebs, great restaurants and bars, nightlife, markets, shops and arterial public transport systems to the city.

Bondi, NSW (postcode: 2026)

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More Sydney Real Estate Agents

September 27th 2006 00:11
These are two more Sydney based real estate agents.

Callagher Estate Agents is one of the longest serving estate agents in the Inner West area, having been in operation since 1889. More than just standard property trade, Callagher is a family operated business that also offers property management and financial lending services. For properties in Sydney’s inner westerns suburbs, Callagher is a great choice as they really know the real estate market in the local area.

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Lane Cove – NSW

September 26th 2006 00:55
Welcome to 'Better Know a Suburb', I’m going to start providing a general overview of several suburbs throughout Australia, which should help buyers, sellers and residents get a better understanding of their local area and residential property market data. They’ll be demographic information and as well as housing and apartment pricing results. We’ll kick off with my old stomping ground in Sydney’s lower north shore Lane Cove.

Lane Cove, NSW (postcode: 2066)

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Double fronted homes

September 25th 2006 00:26
If you are looking for a great investment property one big feature to look for is a double fronted home. Find a double fronted home in an inner city location and you are sitting on a goldmine. Why? To any property developer a double fronted home spells potential in capital letters. There are limitless possibilities that can be done to a double fronted home. Its like a blank canvas to the developer artists.

Land sizes for properties in the inner city are at slim pickings at best. So to have a double fronted property is like owning the stand-out property that every developer wants. Coming across a double fronted property in the inner city suburbs is very difficult and those that are cash up are usually the ones who will muscle out the smaller investors to capitalize on the property. As they are rare gems in the real estate landscape, they also attract the most attention at sale time.

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Reinvesting in your Property - Part 3

September 22nd 2006 00:23
This is the final part in the reinvesting in your property discussion. Today’s advice is going to focus on the bigger thinkers - those who have large scale renovation plans. Those who want to make some major renovations really should review the current and local market norms to make sure that they don’t over invest or produce something that is not going to be desirable for the area that it is located in. With some savvy financial planning and research into the local area it should be too hard to see what areas you can focus on your property to bring it up to scratch or go one up on your neighbours.

Extensions have the greatest potential for making financial returns on your investment. When it comes to making an extension, the focus should be towards adding extra useful space to the dwelling. There is little point investing in huge extension if it is not going to add to the functionality of the property. People like big roomy bathrooms, but how is a larger bathroom going to add to the value of your property compared to adding an extra bedroom or creating a large living space?

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Sydney Real Estate Agents

September 21st 2006 00:07
These are a couple real estate agents that are located throughout Sydney. They’re a great point of contact if you are looking into getting into the local property market as either a buyer or seller or are just curious about the local market happenings and forecasts.

McGrath

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Reinvesting in your Property - Part 2

September 20th 2006 00:21
This is the second part of a discussion for reinvesting in your property. Yesterday I covered why it makes sense to reinvest and add to the value of your current property particularly if you are in a hiatus period and waiting to see where the local real estate market is heading. I also covered the problem of over capitalization and how to avoid pouring an excessive amount of finances into your property which will most likely never reap returns when it comes time to sell. Today I’ll look at some ways you can reinvest and add value to your property.

Sprucing up your home should benefit the value of your property. Market data confirms that a few small or minor renovations before a sale can really reap rewards during a sale. Effectively, sales add up to more than the sum of their parts. So whilst you may spend $5,000 -$10,000 on renovating your property, at market these additions can add $15,000 - $20,000 to your sale price.

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Reinvesting in your Property

September 19th 2006 00:19
One way of consolidating the value of your own property is to reinvest. The aim of reinvesting is your own property is to add value. The greatest danger is that you over capitalise on your home. Over capitalisation occurs when a property owner invests excess funds and additions into their property that are unlikely to be realized at a real market value. An investor can avoid overcapitalization by making savvy and informed investments and renovations that add value to the property.

The sensitivity of your property to over capitalization depends on the areas that it is in. In up market suburbs, over captialisation is less likely to be a problem no matter what ‘Taj Mahal’ additions you are going to make. Obviously there are limits however, the same sort of luxuries that you add to an upmarket property are not necessarily going to reap the same rewards or even recognition in middle and lower market property. The crucial step to avoiding over capitaltisation is to do your research and figure out who the likely buyer of your property is going to be, what sort of features are they going to want in a property and what they are going to be willing to pay. We’d all love fandangle mechanised carports and electronic kitchens that prepare meals, but not everyone can afford them.

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Changing Climate in NSW Property Market

September 18th 2006 00:32
According to the Sydney Morning Herald, only three years ago the top five property investor areas in NSW were;

1. Liverpool

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Co-Buy Safety Advice

September 15th 2006 00:29
As I said yesterday, Co-buyWithMe is a great opportunity for financial success or to fall victim to a financial scam. In general, the internet has proven to be a medium where scammers feel most at home with conning people out of their money. Once you have made a financial commitment, no matter who is in the wrong or the right, it is always very difficult to get back what you’ve forked over. For these reasons I suggest that anyone who uses Co-BuyWithMe tread with caution and exercise skepticism until you are 110% sure of your decision. If a deal sounds too good to be true, it probably is.

All the rules for online dating apply to the Co-Buying scheme. Do not give out your personal details until you are comfortable with whoever it is that you’ve met. Remember you are advertising yourself on a website that is promoting the fact that you have some spare cash to invest. For anyone who is in the world or scamming, a community like Co-BuyWithMe is a goldmine. If you think someone isn’t being honest or your instincts tell you something is wrong, walk away from the situation. It is far better to stay safe and miss a potential investment return for the sake of your own peace of mind. There are always more users who will make suitable co-buyers so take your time in scouting someone who fits with your strategies and goals.

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A new way to invest

September 14th 2006 01:26
Co-BuyWithMe is a new website that match-makes complete strangers who want in on the property market and are looking for shared financing. Their homepage says it all,

“Whether you are looking to co-buy your first home, buy a second home overseas or find a private investor to co-buy with - Co-BuyWithMe is the place to be.”

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Pricing your property for sale

September 13th 2006 00:27
The single most important factor to consider when selling a house is the home price tag: how much your house is worth. These are a few ideas to keep in mind to help prevent you over or under pricing your property.

1. Look at every similar home that was or is listed in the same neighborhood over the past six months.

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Welcome the the second part of comparing the decision between investing in a house or apartment property.

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I’m going to kick off the first half of the week with a comparison of the housing and apartment markets in Australia and try to come to some sort of conclusion as to which is the better investment option. The choice between and apartment and housing investment is most valid for those looking to invest in city metropolitan areas. Usually these investors have to weigh up if they’d prefer to invest in an inner city apartment or venture into the suburban city fringes.

A big factor in the decision of what to buy comes down to price, value for money and affordability. An inner city apartment will most likely cost the equivalent of a modest suburban home. If you are relying on the investment for residential purposes, you’ll have to consider the number of people that will be dwelling in your investment and the suitability of the location.

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Property Investment Strategies Part 4

September 8th 2006 00:37
This is the final part in my coverage of property investment strategies.

At the outset, the 3 main things you must ask yourself are –

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Property Investment Strategies Part 3

September 7th 2006 00:42
This is part 3 of my property investment strategies guide. Part 1 can be found here and part 2 can be found here. Happy reading.

4) Future plans.

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Property Investment Strategies Part 2

September 6th 2006 00:56
This is part 2 of my property investment strategies investigation. Part 1 can be found here.


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Property Investment Strategies Part 1

September 5th 2006 00:53
Property investment is touted as a fantastic way of investing money and securing your financial future. Investment seminars and property experts are constantly ramming the fact that easy money can be made on the property market scene. Whilst its all well and good for someone to promise the world from an investment option, investing in property involves a calculated risk. There is no guarantee that you’ll gain a specific return or that you’ll even break even. Much like any investment venture, it is essential that you know what you are doing when it comes to investing in property.

Surprisingly, many people seem to get drawn into property investing with very little planning or forethought. Channeling funds into a property is a big, long term commitment. So it is very important to not only consider the current market climate and your personal situation, but to also project what your needs and desires will be for the future. Everyone has different expectations, so we should all have different investment strategies when it comes to purchasing property. The factors that are going to determine your investment strategy include;

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Cool Modern Uni Dorm

September 4th 2006 00:34
The residental students at MIT Simmons Hall dormitory get to live in a pretty cool award winning architectural masterpiece. It is far more aesthetically pleasing compared to the dorms you'll find at a lot of Australian university campus'. The building was designed by Stephen Holl. Holl's intention was to produce a porous structure that would promote free-flowing social activity and energy. The Simmons Hall facade is covered with hundreds of L-shaped metal panels that frame small square windows. From a distance the facarde has the appearance of a permeable membrane.


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Fixing a leaking cistern part II

September 1st 2006 00:11
The following is the continuation of the previous post concerning the fixing of a leaking toilet cistern...

When the float rises, it pulls up that vertical arm. This has a piston head type arrangement attached to it. Basically, the float will reach a certain point due to the water rising to a certain level and the vertical piston head will be pulled up tight against a mating surface and form a seal. Presto, your toilet cistern has filled to its required capacity and the inlet valve is also shut off.

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