by Trevor Dunkley | Mar 7, 2023 | Developing A Property
The Residential Design Codes (R-Codes) in Western Australia have recently changed, affecting development property owners. The new R-Codes, published on 23 February 2023, include changes to development requirements for R30 to R60 sites, known as the Medium Density or...
by propertywizards | Aug 30, 2019 | Developing A Property, finance, Property Investment, Purchasing A Property
While most Perth property is only just starting to perk up, interest in subdivision and development sites has been building up for the last year. The right sites have a buzz of interested buyers at the home opens. As an example, a corner triplex site in Greenwood...
by propertywizards | Aug 19, 2019 | Developing A Property, Property Investment
Today, we’d like to share a stunning development property – a CORNER TRIPLEX SITE. Corner development sites are hard to come by. The right one is like gold because you can subdivide into STREET-FRONT LOTS without a driveway to the back. This one ticks all the...
by Liz Sterzel | Mar 20, 2017 | Developing A Property, Property Investment, Purchasing A Property, Selecting A Property
If you’re just starting out in property investment and you’re not sure which investment strategy is right for you, it’s worth exploring the differences between yield and capital growth. Understanding the differences can help you work out which strategy is right for...
by Liz Sterzel | Mar 13, 2017 | Developing A Property, Property Buyers Agent, Property Investment, Selecting A Property
While most people know what a real estate agent – or seller’s agent – is, it seems not everyone knows what a buyer’s agent is – or does. So we thought we’d break it down. What’s the difference between a real estate agent and a buyer’s agent?...
by propertywizards | Jan 18, 2017 | Developing A Property, Property Investment, Purchasing A Property, Selecting A Property
You know the old saying: “Don’t judge a book by its cover.” Many investors place too much emphasis on looking rich rather than becoming rich, and make the mistake of buying properties based on cosmetic appeal instead of their capital growth potential. Buying a...
by propertywizards | Jan 16, 2017 | Developing A Property, Perth Property News, Property Buyers Agent, Property Investment, Purchasing A Property, Selecting A Property
So you want to buy a property to develop or subdivide, but not sure where to start or what to look for? Knowing how to secure a property with superior development potential can be difficult, especially if you are just starting out. Here are our top tips for a...
by propertywizards | Dec 16, 2016 | Developing A Property, Perth Property News, Property Investment, Purchasing A Property
Any investment presents risks and rewards that must be properly understood before buying. This is certainly the case when buying property for redevelopment. You can keep yourself occupied, but all your hard work could be for nothing if you’ve not done your homework....
by propertywizards | May 3, 2016 | Developing A Property
Investing in bricks and mortar continues to be a popular method of wealth creation in Perth, backed by historical evidence of long-term gains and the current lull in prices making property more affordable. Many investors like to take their investment in real estate a...
by propertywizards | Sep 24, 2013 | Developing A Property
The home renovation craze is inspiring more and more West Australians to renovate for lifestyle and profit. The Master Builder’s Associations’ Gavan Forster said while ABS figures reveal around $500 million is spent on renovations in the State each year, the actual...
by propertywizards | Dec 12, 2012 | Developing A Property
Many investors place too much emphasis on looking rich rather than becoming rich. They can mistake a good looking property for a good investment, buying based on looks instead of growth potential. Successful property investors, with multiple properties that grow in...