Owning a holiday home is a dream for many people, offering both an escape from the hustle and bustle of everyday life and the potential for capital growth over time. However, the pleasures of holiday home ownership comes with financial responsibilities. In many...
An option clause is a term in a commercial lease that allows a tenant to renew their lease at the end of the original lease period, if they meet certain conditions. Landlords are not obliged to offer a renewal option. However, it is often in the interests of both...
Buying a property can be an intimidating process, especially at an auction where you are competing with other buyers and there is no cooling-off period. Many properties are sold at auction, particularly in a rising market, so it is important for buyers to understand...
The Australian real estate market offers an array of opportunities for investment. A common type of real estate investment is residential property with existing tenants. This can be an appealing option for various reasons, including the benefit of receiving rental...
Transferring property between family members is a common practice, often driven by a desire to facilitate inheritance, support loved ones, or streamline estate planning. While the intention behind such transfers is usually rooted in familial bonds, navigating the...
Buying a first home has always been a financial challenge, but housing affordability in Australia has declined so much in recent decades that younger generations are struggling to gain entry to the property market at all. As a result, more parents wish to take...