Kamis, 08 November 2012

Hotspots for House and Land Packages in Perth

A number of outer suburbs in Perth have become very popular hot spots for new home and land packages. From Ravenswood and South Yunderup in the south, to Banksia Grove and Iluka in the north, Butler and The Vines in the east, these abundant stylish house & land packages are catering to homebuyers of all budgets.

Listed below are many of the Hot Spot suburbs generating most interest right now. Not surprisingly many are in great locations (some offering beachside lifestyles) where new home buyers are receiving great value - and contemporary designs to choose from.

Summary of regions and suburbs of most interest:
  •     Perth's Regions and Suburbs

North West (Joondalup and Wanneroo LGAs)

Eastern (Swan, Mundaring, and Kalamunda LGAs)

South East (Gosnells, Armadale, and Serpentine-Jarrahdale LGAs)

South West (Cockburn, Kwinana, and Rockingham LGAs)
  •     Peel (Mandurah and Murray LGAs)

  •     Middle Perth (Melville, Canning, Belmont, Bassendean, Bayswater, and Stirling LGAs)

Perth's outer suburbs are some of the fastest growing in the country, with population growth rates up to five times the national average. The CBD also is the fastest growing of all the inner capital city local government areas, increasing by 18,000 people or 3.7 per cent during 2010-11, according to the Australian Bureau of Statistics.

The urban fringes of Perth (and Melbourne) made up six of the top 10 fastest growing areas across Australia during 2010-11, continuing the trend that is seeing more people move further from cities.

The north coastal LGA of Wanneroo experienced the largest population growth in the state, with more than 6200 new people (a 4.2 per cent increase).

The City of Stirling, which takes in suburbs including Mt Lawley, Innaloo, Balcatta and Scarborough, recorded the second largest population growth, with 4000 more people (a 2 per cent increase).

The fastest growing LGA was the shire of Serpentine-Jarrahdale in Perth's outer south-east, which grew by 6.9 per cent to 18,400 people.

Armadale and Mandurah also were the second and third fastest growing areas.

WA's population has soared in the past five years, with more than 50,000 new people calling the state home each year.

A recent report in the Sunday Times also indicated the Pilbara's renowned house and land market will continue booming.

The state's north-west, in particular Port Hedland, South Hedland and Newman, have secured a strong positioning in a list of 50 hot spots identified by an expert panel for magazine Smart Property Investment.

Meanwhile Perth and its surrounding regions were highlighted as strong home & land opportunities, with Murdoch, Como and Fremantle all recommend as hotspots.

A total of 10 WA suburbs made the list of national hotspots.

Resource towns in WA made up a significant proportion of the suburbs listed while Mandurah suburbs Greenfields and Halls Head were also both named hotspots in the 2012 Fast 50 Report.

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Luxury of Luxurious Homes

Luxury Real Estate Sellers target a niche audience mostly of a high socioeconomic group. But on the other hand, survey suggests that a significant number of luxury home owners household income is between $20,000- 50,000. This means that these homeowners are not actually 'living the lavish lifestyle'. It is not always like you see it in the movies. Everyone has a dream and a lot could be sacrificed to achieve it. The beauty of Real Estate is that it can be purchased to be used as an investment, as an enjoyment or both. When one wants to buy one of these i.e. take a lifetime decision what kind of conveniences does he actually look for?

Variety of Luxury Homes: Luxury Homes come in various forms. It can be a garden real estate, condos, equestrian property, vacation property, farm property, golf property, waterfront homes, beach houses or even an island to themselves.

View: As mentioned above all of these homes come with an excellent view of nature's best. There are instances when a 700 sq. ft waterfront home can cost more than a mansion in an industrialized area.

Locality: The surrounding homes, unwanted commercialization in the area, proximity to major transport stations, schools etc. are all factors that come into play when buying luxury real estate.

Amenities: There is a long list of amenities of which a property could posses all or a few. For example, swimming pool, golf course, gym, clubhouse, entertainment room, sports room, play area and parking area are some of the common amenities provided. There are also some developers that endow the property with the most high end outrageous amenities like a pool in your balcony or something on those lines.

Personalization: The home must be customizable. It must be possible to tweak the available amenities according to the specific needs of the buyer. For instance having designer kitchens, movie theater style seating in entertainment rooms, wine cellars, hot tub, swimming pool with options of hot and cold water, professional landscaping, state-of-the-art security systems etc.

These are all the factors that a consumer will consider when buying a high-end home. There are developers who promote their brand by publishing their own magazines. They target an audience that is more critical, more aware and knowledgeable than that of the audience buying ordinary real estate. Thus, this makes it more difficult to close a sale as compared to the former. But, when one happens they gain huge profits as this industry thrives on quality and not quantity.

Luxury of Luxurious Homes

Luxury Real Estate Sellers target a niche audience mostly of a high socioeconomic group. But on the other hand, survey suggests that a significant number of luxury home owners household income is between $20,000- 50,000. This means that these homeowners are not actually 'living the lavish lifestyle'. It is not always like you see it in the movies. Everyone has a dream and a lot could be sacrificed to achieve it. The beauty of Real Estate is that it can be purchased to be used as an investment, as an enjoyment or both. When one wants to buy one of these i.e. take a lifetime decision what kind of conveniences does he actually look for?

Variety of Luxury Homes: Luxury Homes come in various forms. It can be a garden real estate, condos, equestrian property, vacation property, farm property, golf property, waterfront homes, beach houses or even an island to themselves.

View: As mentioned above all of these homes come with an excellent view of nature's best. There are instances when a 700 sq. ft waterfront home can cost more than a mansion in an industrialized area.

Locality: The surrounding homes, unwanted commercialization in the area, proximity to major transport stations, schools etc. are all factors that come into play when buying luxury real estate.

Amenities: There is a long list of amenities of which a property could posses all or a few. For example, swimming pool, golf course, gym, clubhouse, entertainment room, sports room, play area and parking area are some of the common amenities provided. There are also some developers that endow the property with the most high end outrageous amenities like a pool in your balcony or something on those lines.

Personalization: The home must be customizable. It must be possible to tweak the available amenities according to the specific needs of the buyer. For instance having designer kitchens, movie theater style seating in entertainment rooms, wine cellars, hot tub, swimming pool with options of hot and cold water, professional landscaping, state-of-the-art security systems etc.

These are all the factors that a consumer will consider when buying a high-end home. There are developers who promote their brand by publishing their own magazines. They target an audience that is more critical, more aware and knowledgeable than that of the audience buying ordinary real estate. Thus, this makes it more difficult to close a sale as compared to the former. But, when one happens they gain huge profits as this industry thrives on quality and not quantity.

Luxury of Luxurious Homes

Luxury Real Estate Sellers target a niche audience mostly of a high socioeconomic group. But on the other hand, survey suggests that a significant number of luxury home owners household income is between $20,000- 50,000. This means that these homeowners are not actually 'living the lavish lifestyle'. It is not always like you see it in the movies. Everyone has a dream and a lot could be sacrificed to achieve it. The beauty of Real Estate is that it can be purchased to be used as an investment, as an enjoyment or both. When one wants to buy one of these i.e. take a lifetime decision what kind of conveniences does he actually look for?

Variety of Luxury Homes: Luxury Homes come in various forms. It can be a garden real estate, condos, equestrian property, vacation property, farm property, golf property, waterfront homes, beach houses or even an island to themselves.

View: As mentioned above all of these homes come with an excellent view of nature's best. There are instances when a 700 sq. ft waterfront home can cost more than a mansion in an industrialized area.

Locality: The surrounding homes, unwanted commercialization in the area, proximity to major transport stations, schools etc. are all factors that come into play when buying luxury real estate.

Amenities: There is a long list of amenities of which a property could posses all or a few. For example, swimming pool, golf course, gym, clubhouse, entertainment room, sports room, play area and parking area are some of the common amenities provided. There are also some developers that endow the property with the most high end outrageous amenities like a pool in your balcony or something on those lines.

Personalization: The home must be customizable. It must be possible to tweak the available amenities according to the specific needs of the buyer. For instance having designer kitchens, movie theater style seating in entertainment rooms, wine cellars, hot tub, swimming pool with options of hot and cold water, professional landscaping, state-of-the-art security systems etc.

These are all the factors that a consumer will consider when buying a high-end home. There are developers who promote their brand by publishing their own magazines. They target an audience that is more critical, more aware and knowledgeable than that of the audience buying ordinary real estate. Thus, this makes it more difficult to close a sale as compared to the former. But, when one happens they gain huge profits as this industry thrives on quality and not quantity.

Building or Purchasing Your First Real Home

They say that building a home is one of the most stressful decisions you will make. Unlike the purchase of your first family car, this huge financial commitment will quite obviously be a decision made carefully, to meet all of your expectations and of course stay within budget. There are endless questions to be answered, who is a reputable builder, how much space is necessary, is there a need for a 3rd bathroom, should a basement be finished... the list goes on. The future however is bright; let's take a look at some important facts that will help with your first custom dream home purchase.

What can you afford?

It would be nice to think that the cost of renting will be the same as owning a home, unfortunately we must consider other contributing facts such as property taxes, PMI insurance, down payment, and of course the actual mortgage. Analyze your income, debts, college loans or similar. Combine not just your own, but your partner or family. Remember, a home purchase is a team decision. If you have a reasonably good credit record, but your partner may not, this ultimately will affect chances of acquiring a bank loan. In some situations it might be beneficial to have a financial advisor (unless your education just happens to be in this industry). As a first time home buyer there may be some obstacles on applying for the loan from your bank.

Lets go house shopping!

Once all your numbers are organized and you have a rough idea how much can be spent, the fun part begins... looking for that dream home! Start your research, compare prices, look a various magazines and find a style of home that works for you and your family. Speak with friends and family who have already purchased a home, they may be able to shed valuable advice on how they conducted their own home search.

Many top builders today offer express delivery homes and also offer the option for additional add-ons and upgrades (hardwood floors, trim, appliances etc). Enjoy this time, have fun, and go with your instinct on what's right for you!

A home buying experience is different for everyone, but remember some of these key facts. And enjoy the whole experience Try not to be stressed with any given situation and think about your options wisely. It won't be long until the keys are in your hand!

Hotspots for House and Land Packages in Brisbane

Brisbane and its greater region is a veritable goldmine of opportunity for new homebuyers. There has been no better time to build your dream home within Queensland's capital, where you can enjoy a sense of community while residing in modern convenience.

Numerous home and land estates - even some offering country lifestyles - abound within easy grasp of Brisbane's CBD. And the common denominator emerging from these developments is relaxed living combined with value for money.

Here are various precincts in the north, south east and west which stand out for their potential: North -Bridgeman Downs, Caboolture, Fitzgibbon, Griffin, Lawnton, Mango Hill, Narangba, North Lakes; South - Rochedale, Doolandella, Holmview, Stretton, Waterford; East - Victoria Point, Manly West; West - Bellbird Park, Brassall, Fernvale, Redbank Plains, Springfield Lakes.

Most of these house and land packages are situated only 30-60 minutes from Brisbane - one of the nation's most appealing cities with a combination of the old and the new.

The river that snakes through the heart of town reflects a sub-tropical environment which is pristine, colourful, adventurous, inviting and open.

Brisbane really has it all: you can spend lazy afternoons ordering creamy cappuccinos and dozing by the river, or step it up a notch by throwing yourself into any number of adventures such as abseiling the cliffs at Kangaroo Point, climbing the Story Bridge or splashing out with all kinds of water sports.

And there's simply no better place in Queensland to indulge in retail therapy with over 650 stores trading seven days a week.

Or, for something a little more cultural, there are musicals, live theatre, galleries, museums, and even guided walking tours of downtown's historical sites.

Brisbane also has a fine reputation for dining out, having developed its own unique cuisine that matches the climate perfectly.

And it's the perfect hub for exploring its wide variety of outer lying regions. Spectacular Moreton Bay beckons with its expansive waterways and myriad of islands, as does the white sand surf beaches of the Gold and Sunshine coasts. The regional hinterland is a well-kept secret worthy of exploration, filled with arts, crafts and interesting characters.

A report by property experts KPMG predicted Brisbane will have 46 per cent more dwellings in 2031 than 2001. And by 2021, the population of the Greater Brisbane area is projected to be in excess of 3 million residents. Compared to other capital cities, Brisbane is expected to maintain one of the highest rates of growth for the nation.

The Housing Industry of Australia (HIA) in its housing to 2020 report estimates that the Queensland property market will be home to an additional 379,600 households by 2020. In order to satisfy this additional demographic demand, the stock of dwellings in Queensland will need to grow by approximately 42,200 homes per year through to 2020.

Senin, 05 November 2012

Building a Home - The Cost of New Construction

We know that building a new home means having to spend a lot of money. We call the money to be spent as the Cost of Construction. If you are thinking of building a new home rather than buying from the many available existing homes, you should know the right procedures you have to take before you finally start buying materials for it. But before we go to that, let's identify first the choices you have when it comes to financing your home.


In financing, as the owner of the home that is to be built, here's the two ways you can choose from to finance your new construction.

1. Finance it by your own money.
If you have saved enough to finance a new construction, you do not have to look for a bank to loan. This could be great because you do not have to worry about bank loans and the financial obligations that come with it.

2. Bank loan
Going to a bank to loan for the cost of a new home construction could be a hard process as more banks don't usually allow loaning for a new home construction. But do not be discouraged because you can still find banks that allow this kind of loan. You just have to find one, talk about the terms, and your construction finances will be taken good care of by them.

Now that you know the two options a home owner like you has when it comes to getting the finances for the construction, next let's get to know about the real deal i.e. where the finances you have will be used.

Home builders- First and foremost, you will have to contact some local home builders. Builders will tell you how much per square foot they will be charging from you. They can give you a good idea of what your ideal home might cost.

Count the Square Footage - one way to do this is by finding an existing home similar to the one you want to build. All you have to do is take the price of the home, deduct the price of the land, and divide that amount by the square footage of the home.

You will have to remember that your contracted builder wants to make some money one way or another out of the new job; therefore, you have to pay attention to everything that will require money. Be sure that you get quality materials and not some cheap ones as the quality of your newly built home depends on the quality of materials used.