News & Market Trends
Australia’s Property Market Is Changing – and Smart Advisors Are Moving With ItWith housing affordability under pressure and renters craving connection, flexibility, and affordability, Co-Living has quickly become one of the most exciting opportunities in today’s property market.It’s not just...
Read More
First, the base context, so we’re all working from the same page: After a soft patch in 2022-2023, parts of the Tasmanian property market have shown signs of recovery. Hobart, regional centres like Launceston and coastal/lifestyle areas are seeing renewed...
Read More
For sellers (get market-ready before Christmas) Price with data, not hope: use local comparable sales for initial pricing. Quick cosmetic wins: declutter, neutralise personal items, touch-up paint, tidy gardens — 1%–2% spend can materially improve sale outcome. High-quality marketing: professional...
Read More
Hot Water Headaches: Is Your System Costing You More Than It Should? There’s nothing like a hot shower on a cold Hobart morning — until your hot water runs out halfway through, or worse… doesn’t come on at all. For...
Read More
Tasmania's Winter Rental Market: Why This Season Could Be Your Golden Opportunity Current trends, tenant demand, and strategic insights for savvy property investors If you've been watching Tasmania's rental market over the past year, you'll know it's been quite the...
Read More
Winter Property Maintenance: Your Winter-Ready Checklist for Maximum Tenant Satisfaction Keeping your investment protected and your tenants comfortable through Tasmania's chilly months Winter in Tasmania brings unique challenges for rental properties, but with the right preparation, this season can actually...
Read More
Australian dwelling values rose another 0.5% in May, taking the national index 1.7% higher over the first five months of the year. The gains were broad-based, with every capital city posting a rise of at least 0.4% through the month....
Read More
Let’s be honest—selling a property isn’t just about the bricks and mortar. Whether it’s your family home, an investment you’ve nurtured for years, or even a property that’s just part of your portfolio, getting ready to sell is often an...
Read More
Cotality National Home Value Index Report National home values rose 1.0% in November, marking the third consecutive month of strong growth, though the pace is easing from October’s 1.1% gain. Mid-sized capitals are outperforming, with Perth leading at...
Read More
Australia's property development landscape is constantly evolving, with new trends emerging that are changing how we live and invest. Staying on top of these trends can help you make smart investment decisions and maximise your returns. Let's dive into some...
Read More
Australian property values reached new heights in March, reversing a recent downward trend, according to CoreLogic’s national Home Value Index. Values increased 0.4% over the month, the second consecutive month of growth in the national index, following a short three-month...
Read More
Benefits of Smart Home Technology for Property Value Increased Selling Prices and Faster Sales: Premium Pricing: Smart homes often sell at a higher price than non-smart homes due to their modern appeal and the convenience they offer. Faster Sales: Properties...
Read More
Decluttering Strategies 1. Focus on Key Rooms Prioritize decluttering the rooms that potential buyers will most likely view, such as the kitchen, living area, and bedrooms. These spaces make the strongest first impressions. 2. Use the 4-Box Method Label boxes...
Read More
Landlord insurance is a crucial safeguard for property owners in Tasmania, particularly when it comes to protecting against lost rent and unexpected repair costs. This type of insurance offers essential coverage that goes beyond standard home insurance policies, providing landlords...
Read More
Interest rates are a critical factor in property investment, influencing borrowing costs, property values, and overall returns. As a property investor, understanding how interest rate fluctuations affect your portfolio is essential for strategic planning and risk management. Here’s an in-depth...
Read More
Local market knowledge plays a crucial role in anticipating real estate trends by providing agents with a deep understanding of the area's dynamics, historical data, and future developments. Here are some ways local market knowledge helps in anticipating trends: 1....
Read More
After 21 months of growth that pushed values up 14.3%, CoreLogic’s national Home Value Index (HVI) has finally recorded declines. After peaking in October, the national index steadied in November (-0.01%) and recorded a -0.1% decline in December. The start...
Read More
CoreLogic analyzed approximately 95,000 dwelling resales in Q3 2024. The incidence of profit-making sales nationally increased to 95.0%. The median nominal gain was a record high $295,000 in the quarter, and the total nominal resale profit was $33.98 billion. The...
Read More
National upswing in home values is all but over with values rising just 0.1% in November CoreLogic’s national Home Value Index (HVI) rose by just 0.1% in the last month of spring, the weakest Australia-wide result since January 2023 This...
Read More
Head of Research Eliza Owen explores the dynamics of property investor activity. New investor loans are up a strong 18.8% nationally, far outpacing the volume of investment properties coming to market. There are regional differences with the number of investor...
Read More
While owning an investment property can be a rewarding way to build income and capital growth, it’s important to be prepared for the expenses that come with it. Beyond the initial costs like conveyancing and building inspections, there are ongoing...
Read More
As the warmer months approach, it's time to prepare your property for the season ahead. Tackling essential tasks like gutter cleaning, pool maintenance, and garden care will ensure your property stays in top shape during the hottest days. Let’s dive...
Read More
Pensioners downsizing to a new home duty concession This concession provides a 50 per cent reduction of property transfer duty for eligible pensioners who sell their former home in Tasmania and downsize by buying another home in Tasmania. The dutiable...
Read More
There are stamp duty exemptions for first home buyers to help them enter the market. Duty relief for first home buyers of established homes based on the date of the transfer: This is an exemption from property transfer duty for...
Read More
Fur is flying in the Apple Isle, with the Real Estate Institute of Tasmania (REIT) launching a campaign to help landlords urge the State Government to reconsider proposed pets in rentals legislation. Read More Source -Elite Agent
Read More
The latest data from the Housing Industry Association (HIA) indicates that the Australian new home market is showing signs of stabilisation, with home sales unchanged in September compared to August. According to HIA Economist Maurice Tapang, “market confidence in new...
Read More
Starting out as a property investor can feel overwhelming. There’s a lot to learn, from picking the right areas to purchase in to securing funding for your first investment. But with a bit of research and a clear view of...
Read More
National home values increased 0.5% in the month of August, the 19th consecutive month of increase in home values. However, the pace of growth is showing clear signs of slowing. National home values increased 0.5% in the month of August,...
Read More
Research Director Tim Lawless shares commentary on today's RBA cash rate decision. The easing in the trimmed mean rate of inflation, soft economic growth and a gradual loosening in labour markets has been enough to stave off another rate hike,...
Read More
The Australian rental market has experienced its slowest growth in four years, with CoreLogic’s monthly Chart Pack showing a modest 0.1% increase in national rents during July. CoreLogic Australia economist Kaitlyn Ezzy said the easing in the monthly growth trends...
Read More
Following last week's Consumer Price Index (CPI) data revealing a 4.4% inflation rate for May, CoreLogic's head of research Eliza Owen examined whether this could trigger another RBA cash rate increase and affect the housing market.l The monthly CPI indicator...
Read More
Australian dwelling values increased a further 0.7% in June, taking growth to 8.0% across FY2023-24. This is the equivalent of a $59,000 increase to the median dwelling value in Australia, which is now $794,000. The annual rise was in stark...
Read More
Preparing for Tax Time: June 2024 As the financial year draws to a close, it's crucial to prepare for your tax return. By taking proactive steps now, you can ensure a smooth and efficient tax filing process, making it easier...
Read More
Land Tax 101 As a property investor, it's crucial to account for land tax as an annual expense. This tax is calculated based on the value of your land holdings above a specific threshold, which varies by state. Keeping up-to-date...
Read More
The median weekly rent value across all Australian dwellings has hit a fresh record high of $627 per week, and rental costs range from $770 per week in Sydney, to $547 in Hobart. Rather than rent increases being limited by...
Read More
A surge in house prices coupled with a decline in rental stock has driven the value of new housing loans to increase. According to the Real Estate Institute of Australia (REIA) President, Ms Leanne Pilkington, the latest data released by...
Read More
Four years on from when the World Health Organisation declared COVID-19 a worldwide pandemic, CoreLogic research director Tim Lawless has revealed seven ways COVID changed housing trends. It was four years ago when the World Health Organisation declared COVID-19 a...
Read More
In recent years, we've witnessed a steady rise in the cost of essentials, spanning from groceries to insurance premiums. Alongside this trend, rental prices have also seen an uptick. While factors like inflation and interest rates exert their influence on...
Read More
More than seven in ten (71%) real estate professionals expect interest rates to have the most significant influence on the housing market in 2024, according to a new survey by leading property data and analytics provider, CoreLogic. 'Decoding 2024: Real...
Read More
Should I sell my investment property? With the surge in interest rates and property taxes in certain states, some property investors are contemplating selling their investment properties. Although it might appear to be a savvy move to sidestep the escalating...
Read More
CoreLogic median rent is based on a current estimate of rent income, describing what the median dwelling in Australia would rent for if you put it on the market at any given time. The $601 median is a series high,...
Read More
Owning a pet adds immeasurable joy to life, and it's a trend we've seen on the rise. As pet ownership becomes more common, the demand for pet-friendly rental properties is soaring. Some states have adjusted tenancy rules to accommodate this...
Read More
When you have reliable tenants, concerns about timely rent payments and property upkeep tend to fade away. From proactive maintenance to effective communication, there are several approaches you can adopt to be a stellar landlord, ensuring your tenants remain content...
Read More
As seasoned property managers in the Hobart area, we are no strangers to the intricacies of the real estate market. We understand that investing in properties can be a rewarding venture, but it's not without its fair share of risks....
Read More
Picture this: an innovative investment opportunity right in your own backyard. Tiny homes, affectionately known as 'granny flats,' are emerging as a hidden gem in the Tasmanian real estate market. Space and Income: One of the most significant benefits is...
Read More
For investment property owners in Hobart, the ever-changing property market is more than just numbers and transactions; it's a journey that profoundly impacts their lives. Let's take a personal look at how these market shifts affect their mental health, family...
Read More
When you have dependable tenants, concerns about timely rent payments and property conditions are seldom on your mind. From consistently conducting inspections to maintaining open lines of communication, there are several approaches to becoming an exceptional landlord, ensuring your tenants...
Read More
As cities become more built up, the range of dwelling options available to property investors continues to expand. For most investors in the market for a new property, you’ll typically be choosing between a townhouse, a house, or maybe an...
Read More
In the world of finance, change is the only constant. As we move through 2023, one significant change that has been sending ripples through the investment landscape is the rapid increase in interest rates. While it may seem like a...
Read More
Greetings, fearless home seller! You're about to embark on an exhilarating journey, and there's one crucial element that can make or break your home selling success: pricing your home correctly. It's a fine art, but with the guidance of More...
Read More
Mastering the art of negotiation can mean the difference between a good deal and a great one. In the Tasmanian real estate market, where competition can be fierce, having the right negotiation strategies is essential. In this post, Craig Bellgrove...
Read More
There’s no denying it, preparing your home for the market can feel like gearing up for a great battle. You’re stepping into a fiercely competitive arena, armed with nothing but your beloved property. Fear not, dear homeowner! Craig Bellgrove and...
Read More
A successful open house is a symphony, a perfectly executed ballet of anticipation, presentation, and negotiation. As homeowners in the enchanting landscapes of Tasmania, we're privileged to have maestros of this ballet in our midst - none other than Craig...
Read More
Greetings, fellow real estate aficionados! Do you want to make informed decisions when buying, selling, or investing in property? Of course, you do! The first step is to become an expert in your local real estate market. Here's a 5-step...
Read More
First impressions matter, especially when it comes to selling your home. A professionally cleaned property not only looks and feels more inviting but can also help secure a better sale price. Craig Bellgrove & Leanne Masters from More Real Estate...
Read More
Have you ever found yourself wondering how some homeowners seem to sell their properties in record time while others struggle to get a single offer? The secret lies in the art of pricing your home just right! And who better...
Read More
5 Essential Steps to Prepare Your Property for Winter Winter is just around the corner, and it's crucial to ensure that your property is well-prepared for the colder months ahead. During winter, temperatures drop, rain increases, and strong winds become...
Read More
Understanding Land Tax: A Comprehensive Guide for Property Investors As a property investor with multiple properties or at least one sizable property, it's important to consider land tax as an annual expense alongside insurance, maintenance and repairs, and other financial...
Read More
Building Insurance vs. Landlord Insurance: Protecting Your Property Investment As the end of the financial year approaches, it's essential to assess your insurance policies to ensure you have adequate coverage. If you're considering switching from a monthly to an annual...
Read More
#moremaintenance 5 ways to save money on maintaining your investment property - Part 5 Pest control It’s much easier to do annual pest control than try to address an infestation of insects or rodents once they’ve made themselves at home...
Read More
#moremaintenance 5 ways to save money on maintaining your investment property - Part 4 Plumbing maintenance Who needs plumbing problems!!! Plumbing issues are another set of small inconveniences that can grow into costly repair jobs if they aren’t fixed quickly....
Read More
5 ways to save money on maintaining your investment property - Part 2 HVAC maintenance Many modern homes today have air conditioning to make heating and cooling easy and safe. While this makes living comfortable for tenants, these appliances need...
Read More
5 ways to save money on maintaining your investment property - Part 2 Investment properties... When you own an investment property, it is essential to keep up with maintenance and repairs. This includes everything from regular pest control to emergencies...
Read More
When you own an investment property, one of the highest ongoing costs is maintenance and repairs. From regular pest control to emergencies and larger issues, small unresolved problems can create costly problems in the future. Our latest article outlines the...
Read More
5 ways to save money on maintaining your investment property - Part 3 Roof maintenance Being protected from the weather is the most basic part of living in a home....So a property’s roof is the first line of defense in...
Read More
Are you considering upgrading to some smart kitchen appliances? The last thing you want to do is to invest in a smart appliance and not know how to properly use it, or choose one with features you rarely use. Here...
Read More
5 Top Renovation Tips for your investment property TV shows like Grand Designs are entertaining not only for the characters but for the inspiration it provides to one day make your renovation dreams a reality. Of course, it can all...
Read More
Recently, More was featured in an article on Hobarts best property managers. We pride ourselves on giving the best service we possibly can so we were rally chuffed to be included Check it out … https://www.maid2match.com.au/the-best-property-managers-in-hobart/
Read More
Sometimes our backyards offer their own way to downsize. If you live on a large block, there may be room to subdivide or build a strata development in your backyard which could really save you with having a smaller yard...
Read More
Thinking of selling? Your choice of agent will make a difference. If you are thinking of selling, your choice of agent will make a difference. A great agent will deliver a fantastic price and service experience. A poor agent will...
Read More
Property markets can change and prices vary from area to area. If you are thinking of selling, one of the first and most important items you will need to address is your property’s presentation. Below we have identified the Top...
Read More
Which rooms should I renovate to maximise my rental returns? When it comes to renovating specific rooms in your rental property for higher returns, some rooms will deliver better results than others. There are certain rooms in a home that,...
Read More
When you’re renting out a property, you want to make it comfortable, but you also want to avoid the responsibility of excessive maintenance. Remember that anything you leave behind in your investment property for your tenants to use must be...
Read More
What is a depreciation schedule, and why do you need it? Depreciation is often overlooked when it comes to the deductions you make each year at tax time. It's easy to do given depreciation is a non-cash deduction. On average,...
Read More
Could rentvesting be the key to building wealth and your dream lifestyle? In recent years, the concept of rentvesting has grown in popularity as property prices around inner-city suburbs grew rapidly. For example, you may have wanted to enter the...
Read More
Key things to consider when you refinance With interest rates at record lows, it may be a good time to think about refinancing your mortgage. There are several advantages to refinancing including the potential for lower repayments, special refinancing offers...
Read More
What features are buyers and renters looking for in bedrooms since Covid? Our experience is telling us it looks a lot like this... Office space - with many people working at home now, space for a home office/desk is much...
Read More
Market Buy Online Offer System Are you worried you won't get the highest price for your most valuable asset? If you list your property with More Real Estate, you'll be able to see all of the offers as they're made...
Read More
$4m a real life monopoly- Buy your own Hotel! Ever fancied owning your own hotel, complete with cinema, swimming pool and indoor sports hall? Well, look no further than the Derwent Valley Resort in New Norfolk, Tasmania! Located just a...
Read More
So far, the COVID-19 downturn has had a dramatic impact on agent activity and listings volumes in residential real estate. But the value of dwellings has been relatively resilient. It is still likely that property values will fall amid the...
Read More
We are all experiencing a once in a lifetime event and we are here for you..not just for real estate, but for any support we can offer you! Maybe you need to connect with someone to help you, maybe you...
Read More
Here are a few tips for setting up to work form home in these times of self isolation... https://www.facebook.com/115692529799347/videos/2334183546685428/?t=2
Read More
This is a time to stick together and help one another as a community.. https://www.facebook.com/115692529799347/videos/2334183546685428/?t=2
Read More
Australian residential property has historically fared well against negative economic shocks In beginning to assess the impact of the current slowdown on property, it is worth exploring how property has historically responded to negative economic shocks. Read More
Read More
We often try to do things ourselves to save money and all that ends up happening is that we take twice and long and it seems to costs twice as much in the long run, rather than get an expert...
Read More
So you want to rent out a room... But do you really want to be a landlord? Room only rentals are on the increase in all states including Tassie. You may want to make a bit if extra money but...
Read More
How Long Until Housing Values Reach A New Record High? With many of Australia’s capital city housing markets posting a gain in values over the past three months, a recovery trend is looking increasingly entrenched… but how long will it...
Read More
So you want to sell your home... In this digital age, it is tempting to think it easy to sell your own home. We often hear people say...' A mate did it easily' or ' I can do it online...
Read More
How do you know how to choose the right tenant for your property? Read our Landlords Guide to Choosing the Right Tenant eBook for 6 tips on how you can make sure you find the right person to rent your...
Read More
Great news for Tasmanian businesses! Today’s ABS data confirmed our retailers recorded the fastest growth in monthly trade in the nation. Retail trade in July 2019 grew to a record $551.6 million in turnover for the month. Retail trade in...
Read More
Attention Property Investors! Are the smoke alarms in your property compliant? Our property management department, tells us this is one of the main things they see in rental properties that can be a potential minefield for property owners should disaster...
Read More