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Strategies for buying at public auction
31 August 2016 comments

Strategies for buying at public auction


Many buyers, especially those new to the buying process, feel a certain reluctance to bid on a property that is up for sale by Public Auction. Those that don’t overcome their nervousness probably miss out on some desirable properties and some good buys - and in many areas the majority of property is sold this way, which means buyers end up with little choice about taking the plunge and making a [...]


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Think like an investor
31 August 2016 comments

Think like an investor


hile it’s unlikely that experienced home buyers will buy a home to live in that they don’t like, the same is not true of experienced property investors. Yet many novice property investors report that they have difficulty buying something they don’t ‘like’ even if it is a sound investment. Many investors make it harder for themselves than they need to by being unnec [...]


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Further 99-year Crown leases granted to unit owners in Canberra
31 August 2016 comments Rachel Packham

Further 99-year Crown leases granted to unit owners in Canberra


Canberra’s first 99-year crown leases won’t expire for another seven years, however a handful of lease renewals have already been issued. The ACT is an anomaly in Australia as home owners lease their land for 99 years, rather than purchase it. The lease can be easily extended for a further 99 years for a relatively small administration fee, which means the lessee is essentially in [...]


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Meet The Team - Lisa Chivers
31 August 2016 comments

Meet The Team - Lisa Chivers


Lisa celebrated her anniversary with the company earlier this month marking an incredible 13 years of service! As the Property Managment Department Manager here at Badenoch, Lisa is an integral part of our team providing knowledge, support and an abundance of experience to our property managers on a daily basis. We can only hope that she sticks around for another decade!    H [...]


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The most expensive house in the world is for sale
31 August 2016 comments SCHWARTZWILLIAMS

The most expensive house in the world is for sale


It's on the market for 1 billion euro (A$1.5 billion).   Villa Les Cedres is a 10-bedroom mansion surrounded by 34 acres of botanical gardens on a peninsular between Nice and Monaco. Real estate in the area is considered the most expensive in the world. Neighbours of the extraordinary home include Microsoft co-founder Paul Allen, the Ferrero family of Nutella fame [...]


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Badenoch Team Training
31 August 2016 comments

Badenoch Team Training


This month we put together a team building activity based training session. The staff were divided into four groups and given the task of completing the tallest possible standing structure within a time period using only straws and marshmallows. The aim was to assess which teams took time in planning their build and overall how they worked together as a team. Although not all structures were [...]


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Market Wrap - July 2016
31 August 2016 comments

Market Wrap - July 2016


SALES As Winter comes to an end we start to look forward to the busy Spring season.  Over the next few months you will notice a large increase in the supply of properties coming onto the sales market in the ACT.  The supply of rental properties will remain consistent for the next few months but we will see a large increase as we move towards Christmas.     &nb [...]


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Does Your Home Have Hidden Qualities?
29 July 2016 comments

Does Your Home Have Hidden Qualities?


Many home sellers forget that their home is more than meets the purchaser’s eye. They no longer remember that behind the smart décor there is attention to detail and quality workmanship. But these features often cost a lot even though they aren’t immediately apparent to purchasers. Could they add value to a home?   Most purchasers like to take their time to compare [...]


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How to Suss out a 'Good' Location
29 July 2016 comments

How to Suss out a 'Good' Location


What do most experienced investors say about where to buy? Are a ‘good’ suburb and a ‘good’ location interchangeable terms?   Real estate investors need to distinguish between ‘good’ in terms of ‘classy, expensive, elite’ and ‘good’ as in ‘likely to go up in value’. While ‘good’ suburbs in the classy sense [...]


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Market Wrap - July 2016
29 July 2016 comments Symon Badenoch

Market Wrap - July 2016


Below are the latest June statistics for the ACT Region.    We have included a list of the quickest selling suburbs for houses, townhouses and apartments along with median sales prices and average days on market.   In regards to the rentals we have included average days on market, how many properties rented, median rental price and how many new listings have [...]


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