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When is the best time to sell your home (statistically)?


New analysis of realestate.com.au data reveals that the end of the year is the best time to sell your property – but the benefits vary significantly by region.   Spring, autumn, summer or winter? It’s one of the biggest questions that plagues would-be sellers – when is the best time to sell my home?   Analysis isolating the effect of sale month from other features that affect price reveals that properties sold in November receive the highest average prices. Across Australia, sales in November have been almost 6% higher than those in January, the statistically cheapest month.   This suggests the end of the year is the best time to sell your home: October, November and December.     But where your property is matters. Time of sale matters the most in Sydney, Melbourne and in Hobart. In these cities, choosing the right time to sell can bring  higher sales prices of 10 per cent or more.       There are a few reas...


A go-to guide to growing winter vegetables


This winter, a sun-doused balcony or courtyard could be the start of a cute and compact garden as well as an exciting and reliable source of daily greens.   Don’t be deterred by the cooler mornings setting in – cool-season annuals are good to go in the ground from late summer to the final weeks of autumn. The optimum planting time depends on your climate zone which, of course, determines the soil temperature below ground. This forms the foundation of what to plant and when.   Melbourne and Sydney have similar climate attributes, Brisbane is subtropical and inland regional areas around these coastal cities are obviously on the cooler side, thanks to those crispy frosts.   Learning what to plant and when takes time and curiosity, so grab a quality planting/sowing guide or, at least, check the back of the seed packet for a general guide.   The optimum planting time depends on your climate zone which, of course, determines the soil tempe...


Australia still in a property boom as values rise by 2.2 per cent in just one month


Australia’s property boom has picked up pace again, with national housing values rising 2.2 per cent in May, new data shows.   House prices in Byron Bay are close to those of Sydney. Photo: BeyondImages   The latest Core Logic Home Value Index, released earlier this month, revealed the “extreme” results – including rises of more than 3 per cent in Sydney and Hobart in the space of just one month – and a bounce back from April when the market showed early signs of a slow-down.   Corelogic research director Tim Lawless said while the results were not as record-breaking as the peak in March, they were still impressive and spoke to the strength of the boom conditions. “We’re still seeing it’s not quite as rapid as it was in March, but 2.2 per cent is still extreme especially when you consider wages are rising by 1.5 per cent per annum,” Mr Lawless said.   Median house values were up...


Buying an off the plan apartment


Buying ‘off the plan’ was once a rarity but every year thousands of Australians are choosing to buy a unit that has not yet been built. And while it may seem like a daunting path to home ownership, in the majority of cases it pays off with people successfully designing apartments that suit their needs and style, and also delivering.     What is an ‘off-the-plan’ purchase? Purchasing a property off the plan is exactly what it sounds like. You’re signing a contract and paying a deposit for an apartment that is not built and is still in the planning stage. Now, buying real estate that does not exist may sound crazy, but it is actually quite common when it comes to apartments and can result in big benefits, although there is also some risk involved, as you’re buying something that has not yet been built.&nb...


In Sydney property boom, more buyers turn to units as record prices push houses out of reach


Anita Lai, pictured with partner Graeme Hickey, is selling her Petersham apartment to upgrade to another inner west unit. Photo: Peter Rae     Sydney buyers are increasingly turning their gaze to apartment living, as soaring prices push their dream of owning a house out of reach.   The price gap between units and houses in Sydney is at a record high, with freestanding homes in some neighbourhoods costing quadruple the median apartment price.   Greater Sydney house prices jumped more than $100,000 over the past quarter to a record-breaking median of about $1.31 million, while the unit median climbed only $16,300 to $751,000.Houses now costs 74 per cent more than apartments, up from 55 per cent more last year.“The jump between the two is the biggest it’s been in our history of prices, making the leap to upsizing much harder,” Domain senior research analyst Nicola Powell said.Houses cost more than double the price of a unit across t...


Everything You Need to Know Before Renting Your First Apartment


Renting your first apartment is an exciting prospect, but it can also feel overwhelming once you begin to navigate the rental process. Finding a rental in your desired location can be challenging—and finding one that suits your budget is no less daunting! But if you stay informed and organized, you can manage the apartment hunting and rental agreement process with ease. Here, we’ve outlined everything you need to know before you sign a rental lease.      The First Things to Consider When Renting    When you begin to search for an apartment, you’ll want to consider a few essential first steps. Rental costs are going to be your primary concern. You’ll want to find an apartment that you can afford along with your other living expenses. Keep in mind that apartment rental costs vary widely, often from one neighborhood to the next. Once you establish your rental budget, consider location. If you opt for a rental close t...