Are you thinking of buying or renovating a property?
If so, you'll definitely find this useful.

Several tips for buying a house to renovate

Before you start
Regardless of your chosen property, the most important thing you need to take stock of is your finances. These will completely dictate what you do and will guide all of your planning. Working out how much you have to spend will dictate how large the project will be, and how long it will take.
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Finding a house
The best way to find a suitable house is to look through different estate agents. As renovation has become much more popular in recent years, the competition for finding suitable properties has risen considerably. Therefore, you may be on an estate agent’s books for many months before they offer you anything.
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Before you buy
Before you buy a house, there are a number of things which you should check so you do not get any nasty surprises when it's too late. Make a plan of what changes you would like to make to the house, so you know exactly how the finished product would look. This will help you decide which rooms you want where and will give you an indication of exactly how much work will be necessary.
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We will give the absolute best electrical service.
We undertake all electrical work for residential purposes such as fuse board upgrades and home rewiring.

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Prime Minister Scott Morrison has led the Coalition to a surprise win in the federal election over the weekend, meaning negative gearing remains unchanged

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New data shows which areas recorded the highest percentage of vendors discounting their asking price —and the results could help in assessing market conditions

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Demand coming from Chinese investors tracked downwards—and a study has revealed the different factors behind the shift

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The Big Four bank is expecting the central bank to lower cash rates a fortnight after the federal election

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Four Australian capitals rank in the top 23 cities around the world, after recording impressive increases in luxury residential prices

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The coastal town toppled Sydney as the most expensive place in the country, but its booming house prices have brought consequences to the local market

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Several factors are affecting new home building – including the credit squeeze, which is likely to drive figures lower

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Many of us buy lottery tickets, and while we don’t know who will win, we do know that some person must – and that lucky person could be us. The concept of luck also occurs in the property market, with many believing that investors who make quick and huge fortunes from property are just plain lucky.

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The political party’s proposed initiative doesn't address the core problem of home ownership, according to some property analysts

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Inquiries from the world’s most populous country have slowed – and buyers are now looking at an alternative market

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We often tend to focus on the total property value when shopping for an investment property – or the deposit needed to secure it. But what are some of the other fees that get lost in calculation?

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Over 450,000 rental properties in Queensland are affected by new smoke alarm laws, which could see landlords paying up to $2000 for new smoke alarms

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It looks like an apartment oversupply – one of Melbourne's most prominent housing issues – could soon be put to an end in the Victorian capital

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CoreLogic recently recorded the highest months of supply figure since 2012

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The Property Investment Professionals of Australia (PIPA) will push for industry-focused initiatives, including securing regulation to drive out spruikers

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APRA has proposed altering its guideline for ADIs, which currently suggests they assess borrowers using a minimum interest rate of 7%

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However, the two capitals will benefit from a more stable environment, especially now that the federal election and banking royal commission are over

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Northern Territory's capital posted an increase in median house price, prompting some Aussies to relocate in the area

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Sydney continues to show the greatest improvement in affordability, with its index up by 12.4%

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Competition is heating up as small lenders are responding to recent cuts from the majors

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Recent data revealed that the median price in the state continues to hold its record-breaking position from the last quarter

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The municipality of Nillumbik is home to two of the top three performers in the state

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The WA capital’s property market showed positive signs, with the housing market decline slowing, median sale prices increasing, and the volume of properties for sale decreasing

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Property taxes collected by the state and local governments rose over five years, which a housing organization says prompts the need for a tax system modification

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Overall results, though, showed that the index remains at its lowest since late 2016 for a second straight month

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The industry group is calling on political parties competing in the upcoming federal election to prioritise a City Deal for Perth if elected

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Some Melbourne suburbs are recording drops in unit prices as a result of the supply and demand in the areas

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The political party’s proposal to limit negative gearing to new property will encourage fraudulent operators to take financial advantage of investors, warns industry group

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Recent data showed that New South Wales is leading the way the in terms of total taxation revenues from property

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Six of Western Australia’s nine regional centres recorded an improvement in median house sale value during the March quarter

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A new report predicts that rents will rise and investment will fall if Labor’s proposed CGT and negative gearing changes come to pass

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Things are looking up for property investors in the Northern Territory’s capital, as the city leads the way in terms of yields

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Auction volumes have increased week-on-week, while the clearance rate continues to hit the 50% range, according to CoreLogic

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New data from ABS showed that the number of homes approved fell in March – and the downward trend was driven by a particular sector

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After recording encouraging results for a time, Tasmania’s capital is starting to cool, according to a recent report

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The industry group has called for city policies to be a priority for the next federal government

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Dwelling values across the country still trended downwards in April, but the rate of decline continues to slow

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The moderation in the fall in new home sales could mean that credit squeeze is easing

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Aussies’ allotted hours for researching about property are more than twice the time they spend at the gym

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How can you navigate this emotional time, without falling apart – mentally or financially? Here are a few tips which you can take from the very outset to minimise your chances of financial pain.

  1. ATO to double audits of rental deductions
  2. Investment choice: House or apartment?
  3. How to succeed as a commercial property investor
  4. Sydney records highest quarterly clearance rates
  5. RBA entertains possibility of rate cut
  6. Future investments to boost Hobart
  7. Sydney rental vacancies rise in March
  8. Housing affordability consequences
  9. Leasing activity up in Perth
  10. Buyers turn south amid east coast downturn