Tag Archives: Real Estate Agents Mudgee

What’s Showtime All About?

Deciding to put your house on the market can be an emotional decision, physically signing the contract to sell your house can be even more emotional, especially if the process has taken longer than you’d expected. So we’ve put together “Showtime”, a booklet of 101 ways to showcase your home for sale. The idea of Showtime is to help give sellers an ultimate advantage in the marketplace and get their home sold for the maximum price in minimal time.

Want a sneak peek at our 101 tips for showcasing your home for sale in Mudgee?

Tip 1 – THINK LIKE A BUYER

You are not just selling a house; you are selling a lifestyle and a dream. In this guide we will step through what it takes to highlight your property’s best features, try to look at each room as objectively as possible and perhaps even have an impartial person with you for an honest opinion.

Tip 36 – THE EXTERIOR

The driveway is one of the first impressions so make sure it is cleaned and free of weeds (for paved or stone driveways). Your driveway and paths could benefit from a pressure clean and re-seal to really lift their presentation.

Tip 77 – BEDROOMS

Include your children in the selling process, take time to explain the move to your children, if they understand what’s going on they are more likely to find the moving process a smooth one. Ask for your children’s help in making their beds and picking up in their rooms prior to showings.

These are just a few of the tips out of the 101 we have listed in Showtime! As a special offer, local property owners are being offered a FREE copy of “Showtime”, an essential guide for property sellers with 101 ways to showcase your home. BUT, we’ve only been able to secure a limited number of free copies, so when you find a letter in your mailbox from us, Adam & Chandelle Woods of Professionals Mudgee, be sure to contact us!

Real Estate Investing in Mudgee

You’ve probably read about all the great benefits of investing in real estate in Mudgee, because of the rental demand being so high, so today we wanted to give you some references for your investment property research if you’re looking to invest… because if you are thinking about investing in real estate, Mudgee is the place to do it!

The below links will take you to some of the posts we’ve written about property investment and should answer some of the questions you might have if you’re looking to invest in Mudgee, or just invest in real estate in general:

Step 1 – Research
Step 2 – What to Avoid
Step 3 – What are the Benefits?
Step 4 – Myths
Costs of Property Investing
Maximising Returns
Tips and Questions
Why Invest in Mudgee?
Managing your Investment Property (PDF booklet download – 1.84Mb)

Investing in real estate isn’t for everyone, so you should always consider what the best option is for you based on your circumstances and always seek professional advice from your financial advisor before committing to any real estate transaction.

We live and breathe everything Mudgee, and know from our own real estate business that the rental market is very competitive, so good quality rental properties are being scooped up exceedingly quickly, so there are some very good returns to be made for the long term, savvy property investor here in Mudgee. If you’d like to see what properties we have on offer, you can visit our website, or give us a call to chat about suitable investment opportunities here in Mudgee.

PS: Want Tips on Showcasing your Home?

Dear Mudgee property owners, buyers and sellers,

If a property in your street has just come onto the market for sale, chances are that you’ll be interested in how the sale goes, what the property is advertised at and ultimately what it sells for. Why? Because it may have a bearing on what your home is worth in the real estate sales market.

One of the great things about being a local real estate agency in Mudgee, is that we are blessed with one of the best regions in Australia (that’s what we think), to meet people and help them transition to their new home and lifestyle here in Mudgee.

Another great part of being in real estate, is that we learn lots of great ways to help people sell their home for an optimum price, so if you happen to see one of our letters in your mailbox, make sure you take notice, because there’s a bonus little offer at the end which may give you a competitive edge when it comes to selling your own home.

PS: As a special offer, local property owners are being offered a FREE copy of “Showtime”, an essential guide for property sellers with 101 ways to showcase your home. BUT, we’ve only been able to secure a limited number of free copies, so when you see that letter in your mailbox, be sure to contact us!

Property Research Resources

Buying or selling a property can involve a lot more research than simply finding a home or an agent online, so we wanted to share some of the resources that might help you in researching local areas, demographics, market trends and more.

Below we’ve listed some websites that help you compare real estate statistics so that you be informed about where you’re buying or selling. Whilst much of the information on these sites is general, it is a good starting point for your property research. Remember to check the date that the information was published as well to ensure you’re getting the most up to date data.

–          MyRP: Reports for Buyers, Reports for Sellers, Reports for Investors

–          Australian Property Monitors: Reports for Buyers, Reports for Sellers, Reports for Investors

–          Real Estate Institute of New South Wales: Helpful Links

–          Realestate.com.au: Local Voices, Suburb Profiles

–          Domain.com.au: Suburb Reports

It is always a good idea to talk to real estate experts in the area to make sure what you’re research says is reflected in the current day market and that you’re interpreting it correctly. But as a place to start with your property research, whether it’s in Mudgee or otherwise, if you are looking to buy, sell, rent or invest then these websites should be able to offer you valuable information.

To chat to us about the local Mudgee market, please feel free to contact us any time.

Know A Sydney-sider Looking for a Tree-Change?

If you know of someone living in Sydney, who’s looking for a more relaxed lifestyle, you may like to pass on this information… it may be just the incentive they need to make the tree-change to Mudgee or one of our surrounding townships.

You may have read in our blog previously about the NSW state government’s $7,000 regional relocation grant which were introduced last year for homeowners relocating from the city to established homes in regional areas of NSW. The big news now is that the grant also applies to those who want to build a new home as well as those purchasing existing homes. The idea is that the incentive will help boost the NSW construction industry and regional economies.

To be eligible for the grants, those who live in metropolitan areas would need to sell their city home and buy a parcel of vacant land valued up to $450,000, or a completed or off-the-plan home valued up to $600,000 in regional NSW which could be Mudgee, Gulgong, Kandos or one of our other regional townships.

For those who buy vacant land, the foundations must be laid within six months of completion of the land purchase and the home must be occupied as a principal place of residence within 12 months. The city residence can be sold within the 12 months prior to or after the purchase of the regional home.

Your city friends and family may like to do some more research, and can visit www.osr.nsw.gov.au/benefits/rrg/ for more information.

Of course, for local market knowledge and property availability, we’re always happy to chat, so please don’t hesitate to pick up the phone, email, comment on our post, or visit our Professionals Mudgee Real Estate website for property listings in Mudgee and surrounding districts.

Why Invest in Mudgee?

We’re avid supporters of investors here in Mudgee because with a zero percent vacancy rate with rental properties, and an ever increasing demand on rental housing, without investors, the market becomes even tighter and more competitive for renters!

Mudgee, along with other towns that support mining communities, provides some unique investment opportunities in that returns can be above the average market rental rate. If you’re in it for the long haul, it’s likely that the real estate cycle will see good returns when selling in the future too.

Other investments such as superannuation and shares can be more volatile than real estate, depending on the longevity of your investment and the choices you make, however with real estate, any fluctuation in value isn’t generally as intense, and the value lay in the fact that you have a tangible product at the end of it that will always have a demand.

Of course you should still do your research when investing in real estate, even in Mudgee, because property investing isn’t for everyone. However if you do it within your means and with the right ambitions and expectations, you can certainly capitalise on the Mudgee real estate market for rental properties.

We can help you start or build your property investment portfolio, simply contact us for a private and confidential chat or visit the Professionals Mudgee website to see available properties for sale.

Tips: Investing In Real Estate

We talk a lot about Mudgee being a major hotspot for investors because of the rental demand caused by increased mining operations in surrounding areas. But for people who have never invested in real estate before, here are some tips that might be of benefit to you.

Even if you’ve bought a property to live in, investing can be slightly different because what you want to be looking for in an investment though may differ from what you’d buy if you were purchasing a home for you and your family.

Real estate investment tips:

1)      What is the rental population of the suburb you’re looking in?

2)      What sort of rental returns to similar properties in the area return?

3)      Will the property attract desirable tenants?

4)      Are your finances in order so that you can afford to borrow enough to cover mortgage, maintenance, insurance premiums, etc?

5)      What insurances do you need? Building, Landlord, Public Liability etc?

6)      What sort of maintenance is the property likely to incur during your ownership? The age of the property should give you an indication of what will likely need fixing or replacing.

7)      Does the property have any other costs associated with it? These might include strata levies, sinking funds, management fees etc.

8)      What are your long term goals? When do you plan to sell the property? Is it practical/possible/probable that you’ll achieve your goals in the predicted market?

9)      Have you spoken to property managers in the area about their services and fees?

10)   Are you investing by yourself or with someone else? Are you comfortable that you’re entering an agreement with another person?

As usual, we recommend you talk to people you know about their experiences, but remember that some people are cut out for property investment, and others are more suited to shares, term deposits or other types of investments. Definitely talk to professionals in the area of finance and property sales as well, because they’re the experts in their fields and can give you current market information based on your circumstances.

If you’re looking for real estate advice or your first investment property, visit our website to check out what’s available or contact us for a private and confidential chat. We would love to help you secure your first real estate investment.

Got Questions About Buying Your First Home?

We’re often asked all kinds of questions from people that haven’t bought real estate before, so we wanted to open up the forum to questions that you can either send us privately or through the comments section below. We know that entering the real estate market can be daunting and exciting all at the same time, but there are some points that we’d like to highlight to first home buyers.

Don’t rely solely on the media for your information because what’s true as an overall statement for the country, may not apply to the area that you’re looking to buy in necessarily. If you do your research, talk to people in the local market and get a good understanding of your goals and capabilities, then you’ll probably find that there’s a property out there for you in any market.

Here are some of the things that we’re asked regularly…

 “What if I don’t have enough for my deposit?” – Generally, it’s hard for first time buyers to save up the thousands of dollars needed for a deposit, but it’s definitely in your interests to have it in your bank account. Start saving now, and if you don’t have enough, you may have to find family and friends to borrow from to make up the difference. Also talk to your mortgage broker and/or financial advisor to get an idea of how much you need to save in order to borrow your ideal amount.

“I don’t like any of the houses in my price range, will I find the I want?” – In all honesty, there aren’t many first home buyers that get their dream home straight up. Getting into the real estate market can be like taking stepping stones through life, you have to start with the first step before you reach your ultimate destination. Our advice is the sooner you get into the property market the sooner you’ll be onto the next stepping stone.

“Who looks after finance when I want to buy a property?” – You need to talk to your bank or a mortgage broker about your finance. The best suggestion we can make is to ask around trusted friends and family to get an idea of what their experience has been with their lenders and then assess the deals that your mortgage broker presents to you. Take your time to go through all the options and fine print so you know exactly what commitments you’re making.

If you have a question about buying your first property, please email us or comment below and we’ll be sure to answer it to the best of our knowledge. If you think you are ready to get into the Mudgee real estate market, then visit us at Professionals Mudgee and we’ll be happy to answer any of your questions in person and show you our available properties for sale.

Mudgee Growth Story Affirms Our Predictions

Just days after our Mudgee Real Estate Market Report, we find out that Smart Property Investment magazine is naming Mudgee as one of the top 50 Australian suburbs/towns likely to experience large growth in 2012.

New South Wales as a whole is earmarked for big things this year, mostly due to regional mining I would say, but what really needs to be focussed on in the wake of this article, is that more investors are needed in these growth areas, to cope with the demand for rental properties.

If Mudgee’s population is to grow by the reported 25 percent, then there’s going to be massive pressure on the housing market. It will be interesting to see if the likely shortage in rental properties flows over to an increase in sales here in Mudgee, and whether those sales come from independent mum and dad investors or investor groups looking to capitalise on the region’s growth.

It really was great to read the article in the Mudgee Guardian about the growth and the opportunity that brings with it. It affirms our belief that the Mudgee property market has potential to grow, especially in the investment sector, and definitely helps to promote the area as a real estate hot spot for 2012.

Pick up the February edition of Smart Property Investment magazine at one of Mudgee’s newsagencies today.

What’s Happening in the Mudgee Real Estate Market

If you’re interested to know what’s happening in the Mudgee real estate market, then here’s a snapshot from my point of view.

At this point in the early New Year, property turnover is pretty much on par with last year although there has been minor fluctuation in property sales prices which appear to have firmed five to ten percent at this stage. We’re also seeing that there is significantly less stock on the market so that combined with the fact that we have the Ulan West Coal Mine kicking off production in February/March 2012, we feel that prices are set to increase further in coming weeks and months.

On the Property Management side of things, here at Professionals Mudgee Real Estate we have a zero percent vacancy rate and have seen rents increase anywhere from $20 to $100 a week over the past 6 to 8 weeks. Again this is mainly due to the influx of new people to Mudgee who are associated with the mining industry amongst other things. Return on investment and future growth is attracting investors from outside the area which is good news, as an increase in rental property supply is definitely needed to meet the demand.

First home buyers were active in the final months of 2012 taking advantage of stamp duty concessions however from our experience, they didn’t rush into buying homes they weren’t happy with and there are still first home buyers looking content with the $7,000 grant. Those looking in the higher price brackets are concentrating on new or off the plan homes to still obtain stamp duty concessions under the “First Home New Home” scheme as discussed in an earlier blog post this week.

For more on the Mudgee real estate market, watch our Mudgee Market Report or contact Adam or Chandelle Woods at Professionals Mudgee today.