Andrews Property Consultants in Geelong, Victoria | Property

Andrews Property Consultants

Locality: Geelong, Victoria

Phone: +61 409 440 995

Address: 2/209 Mt. Pleasant Rd. 3216 Geelong, VIC, Australia

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25.01.2022 New post (Is For Sale By Owner A Good Option When Selling?) has been published on Andrews Property Consultants

20.01.2022 New post (Selecting an agent) has been published on Andrews Property Consultants

18.01.2022 7 Unit Site with separate titles for each in a prime Geelong West location, contact John on 0409 440995 for more information.

17.01.2022 New post (Buying the Smart Way) has been published on Andrews Property Consultants

16.01.2022 New post (Picking An Agent) has been published on Andrews Property Consultants

16.01.2022 New post (The Myth Of The Successful Agent) has been published on Andrews Property Consultants

15.01.2022 Property Investing: New or Established? These days property investors are confronted by any number of wealth creation companies and financial advisers that direct investors in the direction of new projects or alternately new house/land packages located out in new estates. Taking the buy new route certainly provides greater tax benefits in regard to depreciation along with the stamp duty savings to be had and some developers do provide impressive facilities with appealing land...scaping adding to the general amenity but perhaps these come at the expense of the strong capital growth that only great position can assure. Usually, strong capital growth is most assured by being in close proximity to the city centre whereas new housing estates by necessity are out in the burbs and require lots of commuting. New estates, while more affordable can have their drawbacks as well, often covenants will restrict among other things the type of construction and materials used which tends to lead to a lack of diversity in the streetscape creating the impression that everything looks the same, not a great look over the long term as todays popular fashions all date together to create the slums of the future particularly in new estates where the size of the building allotments and stingy frontages in which the humble garage door by necessity becomes the main architectural feature, given they occupy almost half of the building blocks frontage. It is fairly common knowledge with sophisticated investors, that it is the land that appreciates in value while the buildings erected on any lot depreciate which leads to a number of issues when deciding whether to invest in new housing estates or to pursue established property. Ultimately while position triumphs the other interesting aside is that in general, the lot sizes of land created 30 -60 years ago tend to be much bigger than the postage stamps people in new estates are being offered and which are as already noted, quite some distance from the city centre and all of its attractions so if the bubble bursts it will likely be that the properties that are furthest out, will be hit the hardest. It pays to choose wisely and do your due diligence, real estate is a huge commitment.

14.01.2022 When you pay too much! "Price is what you pay, value is what you get" is a quote attributed to Warren Buffett, one of the worlds most successful investors. Price and value are of course two different things however the price does have an impact on value and is its primary determinant and indicator. What price is paid for a given property at the outset will determine the value and quality of the investment over the long term. As can be seen from the chart it can be very costl...y over the life of the investment if too much is paid, quite apart from the separate issue of over the odds when making the purchase where 50K can be dropped in one tragic hit. Our chart indicates a typical cycle of a property whos buyer has paid a 50K premium above market value, (a quite common occurrence these days), he or she is behind the eight ball roughly to the tune of 100K at the start, (yellow column) the 50K premium, stamp duty and the vendors selling costs (commissions). It takes around 5-6 years before the property is once again worth what was paid for it initially and the buyer has lost 5-6 years of that equitys compound interest working for their benefit as opposed to sharing it with the vendor. The property over a 10 year stretch has increased in value by 250K and the accrued equity is around the 150K. Property purchased at market price by comparison reaches positive equity in only a couple of years and totals over 200K at the end of the period while the increased value delivers a gain in value of 320K given 50K less was paid for the property at the start.

10.01.2022 Belmont, Highton Areas My clients have just sold and are looking to buy in the Belmont Highton Areas up to a maximum of 650K. The clients are open and flexible to look at all sorts of propositions. If you are considering selling and like the idea of: 1. Not paying any commission 2. Not paying for any marketing 3. No signage... 3. Not having to make a commitment to any one agent 4. Would rather not be locked in to endless OFIs Then give John a call or text on 0409 440995 for a chat, remember it costs nothing to talk and all decisions are quick See more

09.01.2022 New post (Marketing Budgets?) has been published on Andrews Property Consultants

08.01.2022 120 K Instant Equity! Its a fairly common outcome that many investors have held properties for up to five or six years and the property still is not worth what was paid for it. Ironically, many such properties have been purchased through "investment advisory" companies who dont limit themselves to providing "advice" and invariably supply the investment property. In contrast, our clients had a valuation done within months of moving in (while still incomplete) and found to their delight the bank had provided a valuation indicating a positive equity to the tune of 120 K. Needless to say this wasnt achieved via the usual "retail" method of visiting display homes and paying retail prices rather the result was attained through the strategies and processes employed by our buyers agent and building advocacy.

06.01.2022 New post (The Great Investor Rip Off) has been published on Andrews Property Consultants

02.01.2022 Belmont, Highton or Newtown Areas My clients have just sold and are looking to buy in the Belmont Highton or Newtown areas up to 700K. The clients are open and flexible and will consider all sorts of propositions. If you are considering selling and like the idea of: 1. Not paying any commission at all. 2. Not paying for any marketing. 3. No signage.... 3. No exclusive commitment or obligation. 4. Short settlement available. Then give John a call or text on 0409 440995 for a chat, remember it costs nothing to talk and all decisions are quick

01.01.2022 New post (Building The Smart Way) has been published on Andrews Property Consultants

01.01.2022 New post (Sell and Save) has been published on Andrews Property Consultants