Propertify Me in Melbourne, Victoria, Australia | Property

Propertify Me

Locality: Melbourne, Victoria, Australia

Phone: +61 1300 200 003

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24.01.2022 #PropertyShowcase .. Adelaide Metro Growth Corridor 20 Kms to CBD ... .. No covid impact on past 12-months growth Growth Forecast - 6.23% Asking price - 299K - 309K range Purchase Price - $292,500 Currently tenanted at - $265 per week (Current market rent - $300 pw Rental Yield - 4.71% (Rental yield once brought to market rent - 5.33% .. Surrounded by Schools, Transport, Markets and other amenities. .. Area - 724m .. Strategy - Let the current long term (10+ years) tenant stay and gradually bring the rent to the market price. Build second dwelling at rear in the future, create two rental incomes and instant equity gain with sustained capital growth over the lifetime of the investment. .. #IBuy4u #PropertifyMe #BuyersAdvocate #PropertyInvestment #TheBestTimeToBuyIsAlwaysNow #10PropertiesIn10Years

24.01.2022 #CommonPropertyBuyingMistakes #PropertyBuying101 Not Understanding the "full cost" of acquiring a property. When buying a property, it's not just the price of the property that you have to pay for but also other associated costs that must be taken into account from the very beginning. Most buyers fail to realise this and put themselves in a difficult situation when surprised by these costs.... The total acquisition costs may include things like Stamp Duty, Lender’s Mortgage Insurance, Loan application fees and Valuation costs etc. In some cases, there may also be rates and other utilities required to be paid by the purchaser at the settlement to balance off any advance monies paid by the vendors. Then, there are obvious but often forgotten costs such as moving costs, need for new furniture/appliances and some fittings or fixtures. Always set aside some funds for unexpected costs and keep in mind that owning a property is very different from renting one and often comes with higher occupancy costs such as insurances, maintenance and rates etc. Smart budgeting will help you stay on top of such costs. #IBuy4U #BuyersAdvocate #PropertyInvesting www.propertify.me | 1300 200 003

23.01.2022 CBA has pledged to not foreclose on customers who were up-to-date with mortgage payments before the pandemic hit.

21.01.2022 Boom! Just after certain lenders reported a period of record number of pre-approvals, Now This! All our clients who chose to trust our research, analysis and evidence backed reasoning AND have been buying through us during the last few months, are going to be the happiest in the coming times. ... When everything fails, the government jumps in and they have done a great job on this always. What's next? Will the days of 105% lending come back too??

21.01.2022 Victorian First Home Buyers take note The State Revenue Office Victoria has changed the definition of a New Home applicable for First Home Buyers Grant. Under the old definition, buyers were able to claim FHBG for purchasing homes built within the last 5 years that had not transacted (sold) as a place of residence since built, regardless of being occupied or not. This has now changed, and a property will not be a new home if the person who built it lived in it, leased it ...out or used it for short-term accommodation even if it is the first sale. A new home can still be a home that is substantially renovated or a home built to replace demolished premises. With the date of effect being 16th Dec 2020, the contracts signed before this date remains unaffected by this change. www.propertify.me | 1300 200 003 | fb.me/propertifyme

20.01.2022 #RandomTip #ProWisdom #PropertyResearch #DataScience #PropertyAnalytics Regardless of the property market going up or down, the suburbs with higher Median Prices are usually the first to go with that flow, experiencing most dramatic peaks and lows. ... Suburbs at the bottom of the affordability range generally follow and demonstrate flatter peaks whereas, average price-range suburbs will generally show a split performance. Their highs and lows will be balanced and not as extreme as the suburbs sitting in the higher price ranges. When analysing the market data to assess likely future trends, it is important to segment the selection of suburbs at "macro" level while taking into consideration the historical trends at "micro" level. #IBuy4u #PropertifyMe #BuyersAdvocate #PropertyInvestment #TheBestTimeToBuyIsAlwaysNow #10PropertiesIn10Years

20.01.2022 #IBuy4u #PropertifyMe #BuyersAdvocate #PropertyInvestment #TheBestTimeToBuyIsAlwaysNow #10PropertiesIn10Years The property market in 2020 experienced Covid-19 impacts of all sorts and at all levels in their extremes. Form a shift towards remote working to the use of technology and from record-low interest rates to virtually zero migration in an economy largely reliant on migration, we saw and experienced everything that seemed far from reality only until recently. It will be... interesting to see how the coming years unfold and only time will tell the long-term impact of these events on areas of concern, but nevertheless, the property market has once again defied all odds and have held itself strong. Here are some snapshots from the Australian Housing Outlook 2020-2023 authored by the prestigious research house BIS Oxford Economics for the QBE Lender's Mortgage insurance. Full report available here - www.qbe.com/lmi/housingoutlook www.propertify.me | 1300 200 003

19.01.2022 Once again, for a we are offering to you a of our " & " And for the we will also include a copy of a short video on " " "" .... #IBuy4u #PropertifyMe #BuyersAdvocate #PropertyInvestment #TheBestTimeToBuyIsAlwaysNow #ArmchairPropertyBuying #ArmchairPropertyInvesting

19.01.2022 NSW first home buyers stamp duty exemption threshold increased to 800K. (New Homes) Vacant land threshold increased to 400K.

14.01.2022 The official information on Homebuilder Grant can now be accessed here - https://treasury.gov.au/coronavirus/homebuilder

14.01.2022 #RandomTip #ProWisdom #IBuy4u #PropertifyMe #BuyersAdvocate #PropertyInvestment Joint Tenants vs Tenants in Common When you buy a property with another person, there are 2 types of ownerships - ... 1. Joint tenancy and ; 2. Tenancy in common When you own a property with another person as a "Joint Tenant", more commonly between spouses and partners, you basically own the full share of the property in conjunction with the other person. In this type of ownership, the right of survivorship applies. which means that when one of the joint tenants passes away, the property's full ownership will automatically pass on to the other remaining joint tenant. In this scenario, the property does not form part of the deceased’s estate. On the other hand, when you own a property as a "Tenant in Common", mostly used between investment partners, it means that you own only a certain share in the property. This can be in any proportion, as may have been mutually decided between the joint owners depending upon various factors of the partnership. There is no right of survivorship applicable which means that an owner's share can become part of a deceased's estate and can be passed on as per the will to applicable succession implications.

13.01.2022 A BUYER'S AGENT is your Guardian Angel in the property buying process . We are a Full-Service Buyers Agents and Advocates who work to help people with their property purchase and investment portfolios. Completely independent and unbiased as we exclusively work only for the buyers...Continue reading

11.01.2022 Do you know why we often define our Buyer's Agent service as #ArmchairPropertyBuying and #ArmchairPropertyInvesting?? It is because we do everything listed below and whatever comes in-between, above and beyond for you without you even having to lift a finger! End to end Strategic Planning... Detailed Property Brief Acquisition Strategy Nationwide Strategic Search (on and off-market) Hotspots Identification Shortlist Creation & Private inspections Purchase Achievability Investigation Due Diligence & Property Intelligence Intensive area-specific Research Contract review & Negotiations Unbiased assessment of the property's value Research-based Pricing Utilisation of Artificial Intelligence based analysis Handling all interactions with the agent Managing deliberations on price Exchange & Pre-settlement Inspections Settlement & Post-settlement Care And by the time we complete our first acquisition for you, you are so impressed and over the moon that you want us to do it for you over and over again! Don't continue to be a victim of procrastination and analysis paralysis. Talk to us today, book in a 20 min no-obligation Discovery Call with us here https://calendly.com/propertify to learn where can we take you.

11.01.2022 RBA cuts interest rate to an unprecedented 0.10 per cent!RBA cuts interest rate to an unprecedented 0.10 per cent!

11.01.2022 Major banks make a move to drop their fixed rates BUT before jumping on to such opportunities always keep in mind the flexibility that variable loans offer if you are onto portfolio expansion and/or looking at building a multiple properties portfolio. Always seek opinion/help from a reputable finance broker. Don't shop for rates, look for growth and value

10.01.2022 Homebuilder grant extended for further 3 months at a lower rate of 15K for contracts between Jan and Mar 2021.Homebuilder grant extended for further 3 months at a lower rate of 15K for contracts between Jan and Mar 2021.

06.01.2022 Vacant residential properties in Victoria gets exemption from land tax in 2020.Vacant residential properties in Victoria gets exemption from land tax in 2020.

06.01.2022 #CommonPropertyBuyingMistakes #PropertyBuying101 Lacking in adequate research and preparation #Research! #Research! #Research!... Everyone does research but not many know from where and what information to absorb and what information to leave out from not so reliable sources. Internet is full of advice, but not every advice is taking in to consideration your personal situation and future objectives so you must identify who to listen to. Get to know the target area and neighbourhood because you are not just buying a property BUT also buying a location. Pay specific attention to the quality of infrastructure, future development plans, schools and transport facilities. Always remember that every market and every suburb has many markets and spots within them, and not all parts of a suburb may always be desirable. Take into consideration your personal finances and needs, set your objectives and intended outcomes. Analyse your debts, income and get pre-approval of your loan to know your limits and set your budget. #IBuy4U #BuyersAdvocate #PropertyInvesting www.propertify.me | fb.me/propertifyme 1300 200 003

06.01.2022 A 15.12 hectare site in Point Cook (South-West Melbourne) manages to get clearance from the council for rezoning into a General Residential Zone. With a capacity of up to 240 new homes, this site has been vacant and unused since the 1960s

06.01.2022 ***BREAKING*** Westpac-owned St George Bank has slashed its lenders mortgage insurance (LMI) charges to just $1 for qualified first home buyers borrowing up to 85 per cent of the property value despite heightened economic uncertainty during the pandemic.

05.01.2022 Property values have been resilient. As of November, Australian housing values were 1.1% higher over the year, with the estimated total value of residential real estate recorded at $7.2 trillion. While the initial shock of COVID-19 led to a -2.1% decline in national property values between April and September, the trajectory of dwelling values began to recover through to November. Early data for December is showing a continuation of this trend. ..... ~ Corelogic - Best of the Best 2020 Report [PM or comment here for a download link of the full report]

04.01.2022 Wishing all clients and network of Propertify.me - Buyer's Agent a great start of this New Year. Keep a clear mind with a focus on your goals and don't skip having fun through the journey. #HappyNewYear May this New Year take you on a journey to financial freedom and security through Real Estate ownership and investments, and then of course; Joy, Happiness and Prosperity shall follow, year after year, for the generations to come.

04.01.2022 #RandomTip #IBuy4U #BuyersAdvocate Stuck with negatively geared investment properties? Roadblock in scaling your investment property portfolio?... How would you be placed if your current rentals double up? Consider creating micro apartments out of your existing rental properties and rent out to multiple tenants at much higher rental return. It's easier than you may think it is, we have the tools, knowledge and intelligence to make it work for you, speak to us today to figure out if your property is suitable for such conversion. There is a huge bunch of investors out there making it work for them and embarking on a journey to create bigger portfolios, what's stopping you from taking action!? www.propertify.me | www.facebook.com/PropertifyMe | 1300 200 003 #StayStrong #BuildWealth

04.01.2022 50% cut in stamp duty on commercial and industrial properties in regional Victoria.50% cut in stamp duty on commercial and industrial properties in regional Victoria.

04.01.2022 #PropertyShowcase Regional Victoria Annual Growth Rate - 6.3%... Asking price - 340K - 360K range Purchase Price - $326,000 Bank valuation - $342,000 Rental Return - $345 per week Rental Yield - 5.51% Projected Growth Rate - Just over 7% per annum Strategy - Rent out, build second dwelling at the rear, create two rental incomes and instant equity gain with sustained capital growth over the lifetime of the investment. Area - 748m #IBuy4u #PropertifyMe #BuyersAdvocate #PropertyInvestment #TheBestTimeToBuyIsAlwaysNow #10PropertiesIn10Years

02.01.2022 #RandomTip #MindfulMonday Understand the difference between price and value of a property. Focus on paying for value rather than trying to buy cheap.... #IBuy4u #PropertifyMe #BuyersAdvocate #PropertyInvestment #TheBestTimeToBuyIsAlwaysNow #ArmchairPropertyBuying #ArmchairPropertyInvesting