Dedant Building and Pest

The effects of COVID-19 have profoundly impacted industries like real estate, trades, building inspection and pest control. As the lockdown is expected to last for at least a few more months, it is worth asking – what is the link between coronavirus and real estate? To examine what could become of industries like real estate, as well as building and pest control, we must first look at what the current situation is. The current situation The real estate industry is fortunate as compared to other industries, as it has not had to fully shut down. Similarly, businesses closely tied to the real estate industry, like building and pest inspection companies, are still operating also. Many industries have had to change because of coronavirus and real estate is no exception. Agents have taken to using virtual tours to sell homes. In the building and pest inspection industry, businesses are taking careful steps to maintain health and safety such as staff-only inspections. Given the current econo...

If you're looking to buy or sell, you likely want to know more about the property market and coronavirus. Namely, how is the coronavirus impacting the property market in Brisbane? While there is much to be negative about in the current climate, it is worth looking to the future and seeing that there are several positive signs that point to a strong recovery once the crisis slows down. In this blog, we will go through the short- and long-term implications of the virus on the property market. The short term negatives In the immediate future, times will be tough for anyone involved in the property market. Because of the economic recession, a massive spike in unemployment, the impact of social distancing and restrictions on travel it is clear consumer confidence generally has plummeted. This lack of consumer confidence is also found in the property market. Westpac has recorded the single biggest monthly drop in confidence in its 47-year history. Not only that, but the crisis has seen m...

If you’re thinking about buying a home in Logan, you should know about our 5 tips that can help you make the right decision on your purchase. 1)     Be honest about what you can afford One of the worst things you can do is purchase a home that is beyond your means to pay for. Buying the wrong home can lead you to slave away paying off an expensive mortgage your entire life. Or worse, it can become too costly for you to pay at all, forcing the bank to repossess your home. Affordability is not a matter of borrowing the max amount you can borrow. Instead, you should consider just how much you can afford to pay every month. Plan a budget based around your home loan repayments with enough left over for emergencies and maintenance. That way you can have a great home while still enjoying the lifestyle you want. 2)     Know your zoning and overlays Knowing your zone and overlays are very helpful when purchasing a home. “Zoning” is the way that the governm...

The Coronavirus has created uncertainty in the world and this is true of the property market as well. Many people are asking – is now a good time to buy in Brisbane? To find an answer to this question, we will examine past action in the market, current trends, and future projections. Furthermore, it is important you know what assistance is being offered to home buyers at this time. Government assistance to home buyers The First Home Owners’ Grant was introduced in 2000 to help people get their new first home. As of 1 July 2018, eligible home buyers can get a $15,000 grant towards buying or building a new home, unit or townhouse that is valued at less than $750,000. To be eligible, you must be at least 18 years old and an Australian citizen or permanent resident. The home you are buying, or building must be brand new. You must move in within a year of buying a home and live there for 6 months. You or your spouse must not have previously owned property in Australia that you have lived in...