Congratulations! You’ve successfully secured a buyer and your property is now under contract. For many sellers, this milestone is a cause for celebration but also brings a whirlwind of processes and obligations. At Smyth RE, we understand the importance of a seamless transaction. That&rs...
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The Gold Coast is a dynamic real estate market, known for its appealing lifestyle, vibrant economy, and high demand for property. If you're considering moving to a new home or upgrading your investment portfolio, you may face the decision: should you buy a new property before selling your curr...
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In Queensland's real estate landscape, a significant shift has taken place with the recent implementation of the Seller Disclosure Scheme. The new legislation mandates that sellers now provide a detailed disclosure statement to potential buyers before the purchase contract is signed. This move...
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When selling a property in Queensland, one of the significant concerns for property owners is Capital Gains Tax (CGT). This tax can potentially reduce the profit from your sale, which is why understanding how it works and the legal ways to minimise or avoid paying it is essential. In this arti...
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Are you feeling overwhelmed by the demands of maintaining a large home? You’re not alone. Many people reach a point in their lives where they realize that having a big house and all the extra space may no longer suit their needs or lifestyle. Downsizing can be a powerful and liberating c...
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The rental market across Australia is shifting, and what was once a landlord’s dream with properties flying off the market is slowly turning into a renter’s game.
Across the country, vacancy rates are creeping up, rising by 0.3 percentage points over the past year alone. Read More
Moving home is hectic, but knowing if you’re a big planner or last-minute mover can guide you to the help that will reduce stress and keep you connected.
No doubt about it, moving home is stressful. So much so that it’s usually ranked as one of life’s...
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"This guide seeks to demystify and simplify the auction process and provide clarification on the roles and responsibilities of Auctioneers and bidders.
Queensland real estate law requires that all people bidding at a residential property auction must provide their names, addresses and ...
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The Gold Coast property market is undergoing a transformative phase, driven by multiple factors that are reshaping its landscape. Whether you’re a buyer, seller, or investor, understanding these trends is crucial to making informed decisions in today’s competitive market.
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Making the decision to sell your home is one of the biggest choices you'll face. Whether it's a desire for change, upgrading to your dream home, or capitalising on a booming market, many factors come into play. But how do you know when it’s the right time to take the plunge? In this arti...
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Deciding to sell your home can feel like a monumental step, but the process doesn’t have to be overwhelming. With the right team by your side, the journey from listing to closing can be smooth and rewarding. At Smyth RE, we aim to make the entire process as seamless as possible, guiding ...
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Getting started in property investment
Launching yourself into property investment can seem daunting. But, by following some sound advice, it doesn’t have to be so scary. Here are the steps to get you on your way.
Finances
What you consider essential when buying a property to live in is different to what you need to look for as an investor.
1. Setting a budget
Sitting down ...
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Handling Internet and Wi-Fi When Selling Your Home in Queensland: What to Take and What to Leave
When selling your home in Queensland, the protocol regarding internet and Wi-Fi setup is relatively straightforward, but there are a fe...
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How to choose an investment property
What you consider essential when buying a property to live in is different to what you need to look for as an investor.
1. What makes a good investme...
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Spring is the season of new beginnings, and for the Gold Coast real estate market, it’s the prime time to sell. Here’s why spring is the best season to list your property and how to prepare for a successful sale.
Why Spring is Ideal for...
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As we head into the last quarter of 2024, the real estate market on the Gold Coast remains buoyant despite fluctuations in interest rates over the past year. While the Reserve Bank of Australia's rate increases between 2022 and early 2023 impacted home loan costs, there are positive signs of s...
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Selling your home involves more than just finding a buyer and signing papers; it also requires understanding what you can and can't take with you once the sale is finalized. This guide will help you navigate the often-confusing distinctions between fixtures and chattels, ensuring a smooth tran...
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Key findings:
It’s no secret robust housing demand has fuelled home price growth, despite the higher interest rate environment.
What...
This checklist covers essential tasks for homeowners to complete before their property goes live online:
General Preparation
Declutter: Remove personal items, unnecessary furniture, and c...
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RBA Keeps Rate at 12-Year High, Signals Higher Bar for Rate Hikes
Australia’s central bank left interest rate...
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In this article, CoreLogic Head of Research Eliza Owen analyses why Brisbane has surpassed Melbourne in the median dwelling value ranks.
Brisbane homes have seen extraordinary capital growth in the past few years, rising 50.2% since...
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It’s hard to believe that it’s almost the end of the year, and what a year it’s been in the property world!
Let’s take a look at some of the highs and lows of 2023, and what we can expect to see in 2024.
Property prices are continuing to defy expectations across the country, rising for an eleventh straight month in November to reach a new record high.
But looking at the property market through a national lens doesn’t show the full picture, and some markets are seeing ...
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As we approach the end of the year and look forward to 2024, a common question has arisen among our property owners: "Is it better to sell now, between October and November, or to wait for the beginning of next year, between January and March?" We've detailed compelling reasons for both period...
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Accelerating population growth has revealed a startling shortfall between the number of people expected to call Australia home, and the number of homes for those people to live in.
ABS data revealed the highest national quarterly population increase on record in the March quarter, and ...
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At its September meeting the RBA left the cash rate on hold for the third meeting in a row at 4.1%. The pause in interest rates over the last three months comes after the biggest interest rate hiking cycle (of 400 basis points over 14 months) since the late 1980s. (While the 1988-89 rate hikin...
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The Reserve Bank of Australia’s tirade of interest rate rises are working, with economic growth slowing as households pull back.
Australia’s economy grew 0.4% in the June quarter, with annual growth slowing to 2.1% from ...
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The real estate rollercoaster on the Sunshine and Gold coasts is on the way up again, with house prices rising by the equivalent of $1,000 a week over the past three months, according to research.
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Over the past few months, one phrase has been repeatedly bandied about in relation to the real estate landscape: "doom and gloom". While economic indicators, media headlines, and the whirlwind of expert opinions might paint a somber picture of the property market, what does this truly mean for...
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Spring has almost sprung and in the property world, it’s an exciting time of year.
So, what will this year’s spring selling season look like?
Property prices are still on the rise in many markets, despite the Reserve Bank of Australia’s aggressive interest rat...
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Australia’s house price growth decelerated in July following an increase in property listings that suggest sellers are taking advantage of current market strength, including those struggling to meet their obligations after rapid interest-rate increases.
Prices across Austra...
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On 1st January 2022 new laws outlined in the Queensland Fire and Emergency Services Act 1990 came into effect. These new laws place extra duties upon Queensland property sellers to ensure that;
Having helped many homeowners sell their property, we have been asked many questions. Here are our top 15 questions and answers that we hope helps you too.
1. When’s the best time to put my house on the market?
We can find buyers...
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A "subject to sale" contract, often used in property transactions, is an arrangement where the buyer makes the purchase conditional upon them successfully selling their own property first. This ensures the buyer is financially capable of completing the new purchase. It provides a safety net fo...
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How To Prepare Your Property For Sale
STEP 1 | Curb Side Appeal
Even if you are not planning to sell imme...
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We’ve seen two major announcements featuring the Reserve Bank in the past fortnight.
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Selling a property on the Gold Coast is an exciting yet challenging endeavor. With the highly competitive real estate market, sellers must explore every possible advantage to attract potential buyers and secure the best possible price. One proven strategy that can significant...
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Introduction:
Interest rates significantly shape the dynamics of real estate markets worldwide, including the Gold Coast - one of Australia's prime property markets. Known for its sun-drenched beaches, high-rise d...
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When you decide to put your property on the market, preparation is key, especially in a competitive real estate market like Australia's Gold Coast. A well-prepared home can increase your chances of attracting buyers and ultimately, obtaining a better price. Here's a step-by-s...
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Australian housing values moved through a fourth month of recovery with CoreLogic’s national Home Value Index (HVI) rising 1.1% in June, decelerating slightly from the 1.2% gain recorded in May.
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Deflation is an economic term that refers to a decrease in the general price level of goods and services. When deflation occurs, the purchasing power of money increases, allowing you to buy more with the same amount of money. However, while this may seem beneficial at first glance, it often ha...
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Overseas interest in Aussie properties has surged to record levels as migration hits highest point in three years.
Searches from overseas for properties to buy and rent on realestate.com.au last quarter reached their highest level s...
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Experts say the Reserve Bank's shock decision to raise interest rates again will weigh on buyer confidence. However, with the supply of properties for sale still very tight, it may prove to be a mere 'speed bump' in the market recovery. Read More
Here are some tips for selling your home in Australia:
Here are some tips for buying a home in Australia:
After remaining virtually flat in February (-0.1%), CoreLogic’s national Home Value Index (HVI) posted the first month-on-month rise since April 2022, up 0.6% in March.
In recent months, reduced borrowing capacities due to fast rising interest rates has dampened homebuying demand and with it demand for new housing loans.
For all borrower types, new lending has fallen and the value of new lending to investors was dow...
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Economic and financial commentary has been particularly gloomy of late, with talk of a “dire&...
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10 tips for property presentation
Presentation is one of the most important keys to achieving a top sale price for your home. A great presentation showcases the space and light available and puts buyers at ease. Buy...
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Spring has sprung — the busiest property selling season is upon us. But how do you make the most of it?
This year’s selling season is gearing up to be a big one, with a significant shift in conditions...
Over the past few months, the property market has continued to cool with increases in mortgage repayments being a key driver of decreased demand. However, some suburbs are defying the trend and still...
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With national dwelling values falling for the third consecutive month, selling conditions across Australia’s unit markets have continued to weaken.
Falling a further -0.9% over the month, and -1.4% over the three months to ...
Economic pulse check
Almost 4 months have passed since interest rates began to rise and while home prices have been quick to fall, and consumer confidence has faded, the economy entered this tightening cycle with strong momentum....
Interest rates are moving higher – and quickly – and fears of a steep and lasting decline in home prices are mounting.
Some forecasters h...
Thinking of selling up? If it’s been a while since your property had an update, and it’s starting to look more ragged than retro cool, you’re probably wondering how to make your home more sellable. Read More
Higher inflation begins to bite?
As was widely expected, the June quarter Consumer Price Index shows inflation continues to run hot.
Though the June quarter CPI came in just under forecasters’ expectations at a head...
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So far, this year has seen the pandemic boom of 2021 fading. There’s more choice for buyers and less competition, but interest rates have quickly moved higher, meaning prices have begun to fall in some regions.
Responding t...
What happened during past property market downturns
Interest rates are moving higher – and quickly – and fears of a steep and lasting decline in home prices are mounting.
Some forecasters have warned the im...
What if there was a better way to transact real estate? We may have created it.
The draconian methodologies of Real Estate, especial...
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Interest rates in our marketplace, which is a 'free market', are set when lenders (public and/or private) compete for the business of home buyers, the levels of competition and other economic factors cause movement in the interest rate levels associated with mortgages either up or down. Now th...
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Australians spend an estimated $1.7 billion every year on renovations, repairs, and maintenance of the...
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Westpac, one of Australia's 'BIG FOUR' banks has weighed in on the property price argument calling for a 20% increase in residential dwelling ...
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Original article by the legendary John McGrath, sourced at end.
Record levels of borrowing, three consecutive months of median price rises in every c...
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This is a comprehensive list of the most commonly asked questions when selling a home.
With a background in Finance, having traded companies on the stock market in London, Smyth Real Estate Managing Director Edward Smyth is a natural at both business and technology. He’s only been in real estate for two and a half ye...
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Buy first, or sell first? Your home conundrum answered
Buying and selling houses can be tricky, particularly if you are selling and buying a home at the same time. Should y...
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When you are selling your home, professional property styling can help you achieve the best possible price. But what will a home stylist do for you? How much does home staging cost? And how much return can you ...
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Selling and buying real estate can be daunting and choosing the right agent can be hard. Why call us on 1300 132 515? Because it’s personal.
