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Buyers agents articles & tips

Many people are still in the mind-set that using a buyers agent is only for those with plenty of cash, but regardless of whether you are a first home buyer or a seasoned property investor, having a buyers agent at your side can result in many different benefits. Empower Wealth have made available many videos, articles and a blog to help you understand what the role of a buyers agent is and help you decide whether their service is right for you. Start learning now!

Stamp Duty; friend or foe?

There is a lot of news in the media right now about Stamp Duty on the Transfer of Land. For a buyer, the cost of stamp duty is a significant upfront cost when buying property. We often get asked by the media about stamp duty and how Australians (and in particular, Melburnians) feel about it. It was an interesting topic to discuss because many p...

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Friendly Reminders – Property Management

SMOKE DETECTORS: With the summer behind us comes the end of another daylight savings period.  And the end of daylights savings also means a reminder about smoke alarms. The legal obligation in Victoria is that smoke alarms are currently the responsibility of tenants to maintain, but this is not the case in all states, where the upkeep is the r...

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Why are people so scared of auctions?

It’s true. Melbournians are scared of auctions. For some, the very idea of an auction sends adrenaline rushing, but for others it throws a great property listing onto the scrapheap before they have even seen it in real life. We constantly field questions about auctions and introduce ideas for clients to combat some of their auction concerns. ...

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Cooling Off Changes in Victoria

Recently the Victorian government made changes to the Cooling off legislation regarding purchasing residential property. Prior to this change if you sought legal advice from a solicitor then you couldn’t cool off on your purchase contract within the designated cooling off period. Following the changes you can now seek legal advice and still ha...

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A Good Conveyancer Pays Dividends

We all acknowledge that buying property is a big financial commitment.  And an important professional involved in the purchase process is a Conveyancer. Too often buyers make the mistake of bringing the Conveyancer in after they have purchased the property - BIG MISTAKE. Good conveyancers can add a great amount of advice and values within th...

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‘Tis the Season to be Jolly!

Typically over winter, prospective sellers brace themselves for a spring sale and hold their property back from the market until spring starts up. For a buyer, this can feel as though the property supply in winter is very slow and available houses to inspect are limited. All of a sudden, September and October hit and there are multiple suitable pro...

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The Value of Enlisting Property Specialist Help

Like other property specialists, much of our work, aside from researching and finding good property, is negotiating and bidding for my clients. We enjoy the task of establishing an estimate of the value, the future prospects based on historical performance and the gross rental yield, but most of all we like the agent-advocate negotiations. So much ...

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How can Property Zoning affect a Property?

“Oh. What does that mean?” is the response buyers often have when we make mention of a little piece of information that can have significant negative flow-on effects for a property purchase. So what sorts of pieces of information could adversely affect a property purchase? And even if the buyer never plans to sell, how could their purchase e...

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Scarcity Value – Not Just in the Land

Statistical evidence shows us that when it comes to property  the land portion is the portion that historically appreciates in value.  This is a result of the scarcity of the land combined with the demand for that land, as once a lot of land is allocated and built on , the amount of available land decreases and the lot of land can’t be re-used ...

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