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Bank Of Mum and Dad Funding A Third Of First-Homes

Bank Of Mum and Dad Funding A Third Of First-Homes JENNIFER DUKE SEP 6, 2017 Originally posted on Domain.com.au One in three first-home buyers are getting financial assistance from their parents to help them get on the property ladder, new research shows. But experts warn this could be fuelling inequality in the housing market and making property prices even more unaffordable. First-home buyers are increasingly tapping into the bank of Mum and Dad, with 29 per cent being provided help from their family in the form of cash hand outs, rent-free accommodation and guarantor loans, a survey by comparison website Mozo found. On average, a first-home buyer borrowed more than $64,000 — and 67 per cent of parents were not expecting it to be paid back. First-home buyers are increasingly relying on mum and dad. Photo: Rob Homer First-time buyers in NSW were borrowing the most from their parents, followed by Victoria and South

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The Best Plants and Screens To Block Out Your Neighbours

The Best Plants and Screens To Block Out Your Neighbours The trend towards smaller block sizes and larger houses means the likelihood of having neighbours overlooking your private areas is increasing, and entertaining areas where people tend to be noisiest are in closer proximity. Luckily, there are some handy solutions for blocking sight lines and even cutting out noise from the raucous residents next door so you can restore your backyard bliss. Install A Privacy Screen Depending on where your chosen relaxation area is situated, it’s possible to block sight lines using off-the-shelf or custom-built screens. Available in a range of materials, screens can also improve a backyard by creating zones for different activities. Contemporary backyards will benefit from screens made from modern materials such as aluminium, or laser-cut steel or plastic, with various designs available to suit your space. You could also choose screens made from timber or lattice for

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Prepare Your Spring Garden For Sale in 7 Steps

Prepare Your Spring Garden For Sale in 7 Steps Spring is here and we have got gardening on our minds! It’s a wonderful time to be in the garden, as the warm weather causes plants to wake up from their winter slumber and bloom with new growth. Landscaping can maximise your property’s potential of selling at the greatest price and give a great first impression! Here are our tips for maximising the appeal of your Spring garden. 1. Lawns! Keeping lawns maintained with edging makes your landscaping appear easy maintenance – a popular selling point! 2. Mulch and Weed Weeding and mulching your plant beds will help your garden appear low-maintenance and well kept. Choose a utility mulch such as pine bark or forest fines, rather than typical ‘gardener-preferred’ options such as lucerne and sugarcane. Utility mulches look neater, and when you’re selling it’s less about function and more about

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The Importance Of Good Photography When Getting Your Property Rented

The Importance Of Good Photography When Getting Your Property Rented When it comes to getting your property rented, Affinity Property knows what works (and what doesn’t) for the modern customer. In our experience, one of the most important things that you can do for your property is have professional photographs taken. Why? 1. Today’s customer is extremely visual Each prospective renter is spending hours sifting through photos of hundreds of properties on multiple websites. There are specific things they are looking for namely whether or not your property is aesthetically pleasing to them, whether they could see themselves living there and how close your property is to schools, shops, public transport, parks and other amenities. 2. Your property will be rented much faster Studies show that 97% of customers are looking for their rental property exclusively online and when they find something they like, they will take action exceptionally fast.

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What is the Secret to Getting a Quick Off Market Sale

What is the Secret to Getting a Quick Off Market Sale Why Would You Choose to Buy or Sell Off-Market? For sellers, off-market sales are cheaper as they don’t require an advertising budget. They are also far more private. The general public is kept in the dark, with fewer potential buyers traipsing through the property for inspections. However while sellers could save money on advertising costs by selling off-market, a lack of competition meant they might not get the best price for their property. It is sometimes best to get your home in front of as many eyeballs as possible to create more opportunities, build competition and get a higher price. For buyers, off-market purchases can be less stressful and more convenient for those who don’t want to go to multiple viewings and auctions. They also mean less competition from other potential buyers. The off-market conversation has quickly become a powerful

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Sunshine Coast Property Market

Sunshine Coast Property Market Sunshine Coast – Leading Queensland’s Property Market for Good Reasons With all the doom and gloom in the media regarding the Australian Property Market, it’s important to recognise there are still some great locations that are performing very strongly for home owners and investors. Queensland’s Sunshine Coast property market was recently ranked by the Real Institute of Queensland (REIQ) as the best performing market in the state, defying the trends seen in the southern states and the Queensland capital.  Multiple reports have highlighted the region as the jewel in the state property crown, having outperformed almost every market in southeast Queensland in the past 12 months. If you make a list of Queensland locations where there’s been double-digit growth in median prices in the past year, suburbs in the Sunshine Coast region dominate that list.  There are various major factors behind this significant and sustained property

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