Real Estate News
What to Expect and How to Prepare for Settlement Day
Settlement day is an exciting milestone in the home-buying journey, marking the official handover of your new property. To help you navigate this important day, we’ve put together a guide on what to expect and how to prepare for a smooth settlement process. Understanding the Settlement Process 1. Settlement Time A few days before settlement, your conveyancer or solicitor wi...
Investment Insights: Long-Term vs. Short-Term Rental Trends in Tasmania
As Tasmania continues to gain global attention, property investors face an important decision: should they lease their properties as long-term rentals or try their luck on the short-term rental market? Both options have financial and lifestyle benefits, and the right choice depends on your investment goals, property location, and personal preferences. Financial Benefits Long-Term RentalsLong-...
Proof in Action: Off-Market Sales Success
We’re excited to share the success stories of two recent off-market sales that showcase the power of strategic negotiations and tailored buyer connections. The properties in question—Main Road, Moonah and a home sale in Kingston—were both sold without a public listing, achieving fantastic results for our clients. This success highlights how off-market sales can be a winning st...
Why Regular Property Maintenance Saves Landlords Money in the Long Run
Owning an investment property can be a rewarding endeavour, but it requires careful attention to ensure it remains profitable and in good condition. Regular property maintenance isn’t just about keeping a property looking fresh – it’s a cost-saving strategy that preserves property value, reduces repair costs, and attracts quality tenants. In Tasmania, where unique climate fac...
Why Now is the Perfect Time to Sell!
As we enter the final stretch of the year, there’s no better time to prepare your property for sale and plan your next move. With only eight weeks until Christmas, the clock is ticking if you want that SOLD sticker up before the holidays. By acting now, you’re not only maximising your chances for a smooth sale but also positioning yourself to settle into your new home just in time ...
Celebrating 200 Years of The Royal Hobart Show!
Today marks a momentous occasion—the 200th anniversary of The Royal Hobart Show! Whether you’re a born-and-bred local or simply someone who appreciates the unique charm of Hobart, this year’s show is an exciting opportunity to celebrate everything that makes this city such a special place to live. The Royal Hobart Show has always been more than just rides and attr...
How Easy is it to Change Property Managers for Your Residential Investment Property?
If you’re feeling frustrated or dissatisfied with your current property manager, you’re not alone. Many property owners face challenges with communication, poor management, or unsatisfactory tenant relationships that can affect their investment. The good news? Switching property managers is easier than you might think. In this article, we’ll walk you through t...
Key Concessions and Grants for Homebuyers in Tasmania: 2024 Update
The Tasmanian government has introduced and extended several key concessions and grants in 2024 to make home ownership more affordable and to stimulate the property market. These measures, effective from July 2024, are designed to help first-home buyers, pensioners downsizing, and those looking to invest in new builds or off-the-plan properties. Property Transfer Duty Concessions Property Tra...
Land Tax Updates in Tasmania: What You Need to Know in 2024
In August 2024, the Tasmanian Government made important changes to Land Tax aimed at providing financial relief to property owners and encouraging the supply of long-term rental housing. These updates impact property owners, investors, and developers, making it crucial to understand how these changes could benefit you. 1. Increased Tax-Free Threshold for Land Tax Effective from 1 July 2024, t...
Hobart Rental Market Trends 2024: Is the Rental Boom Over?
Hobart’s rental market has experienced unprecedented growth in recent years, with rents surging as demand outpaced supply. But as we enter the latter half of 2024, the question on everyone’s mind is: Has the Hobart rental boom come to an end? Recent data indicates that rental growth has begun to slow, and Hobart is one of the cities leading this trend. Why Have Hobart Rental Prices...
Spring Cleaning Checklist: Refresh Your Home for the New Season
Spring is the perfect time to give your home a fresh start! A thorough clean can help you declutter, reorganise, and breathe new life into your space. To make it easy, here’s a comprehensive spring cleaning checklist to guide you through every room. 1. Declutter Your Living Spaces - Go room by room and remove any items you no longer need or use. Sort into piles to donate, sell, or disc...
Building Your Dream Home: A Step-by-Step Guide to Purchasing Land
Building your dream home is an exciting journey, and it all starts with finding the perfect piece of land. However, purchasing land isn't just about picking a spot you like—there are several crucial steps involved in ensuring your dream becomes a reality. Whether you're a first-time buyer or an experienced homeowner, this guide will walk you through the essential steps required to purchas...
Our Top 10 Moving Tips for Moving House
Moving can be a stressful experience, but with the right approach, you can make it much smoother. Here are the top 10 moving tips from MIX Property Group to help you stay organised and stress-free during your move: 1. Start Planning Early - Begin your moving process well in advance to avoid last-minute stress. Create a timeline with key tasks like booking movers, notifying utilit...
Reserve Bank Holds Cash Rate - What that means for the Property Market
The Reserve Bank of Australia (RBA) recently decided to hold the cash rate steady at 4.35%. This decision comes as a strategic move to monitor the economic landscape and inflationary pressures without introducing additional borrowing costs. For property owners and potential buyers in Hobart, this decision brings both stability and a pause for consideration in their financial planning. Impact o...
MIX Property Group Welcomes Ten Lives Opportunity Shop to Moonah
MIX Property Group is thrilled to announce the successful lease of a prime commercial property at the corner of Hopkins Street and Main Rd, Moonah, to Ten Lives, a remarkable animal welfare charity. The new Ten Lives Opportunity Shop (Op Shop) is now open seven days a week from 10 am to 5 pm, offering a treasure trove of pre-loved goodies and a warm, welcoming atmosphere. Ten Lives is not just...
Maximising Your Return on Investment: Essential Tips for Property Investors
Investing in real estate can be a lucrative endeavour, offering both steady income and long-term appreciation. However, to truly maximise your return on investment (ROI), it's essential to employ strategic approaches and continuously seek ways to enhance the value of your properties. Here are some key strategies for property investors to boost their ROI. 1. Conduct Thorough Market Research Be...
Protecting and Preparing Your Property in Wet and Windy Conditions in Southern Tasmania
As a property owner in Southern Tasmania, you're no stranger to the region's unique weather patterns. The area's stunning landscapes and coastal views come with the challenge of wet and windy conditions, especially during the winter months. To safeguard your property and ensure its longevity, it's essential to take proactive measures. We have compiled a comprehensive guide to help you protect ...
Tasmania Government Proposes Mandatory Pet Policy in Rental Properties, Sparking Debate
The Tasmanian Government has recently tabled amendments to the Residential Tenancy Act, proposing mandatory acceptance of pets in privately owned rental properties. This move has triggered significant concern among investment property owners and the Real Estate Institute of Tasmania (REIT), the state's peak real estate body. The REIT has been actively advocating for the protection of p...
Should You Buy Before You Sell, or Sell Before You Buy?
Making the decision to move homes often comes with the dilemma of whether to buy a new home before selling your current one, or to sell first and then purchase. Each approach has its own set of advantages and challenges, making it crucial to weigh your options based on your unique circumstances. Here’s a closer look at the pros and cons of both strategies: Selling First Pros: 1. Clear ...
Resetting at the Beginning of the Financial Year: A Strategic Move for Commercial Property Success
As the financial year commences, it's imperative for businesses to hit the reset button and strategically plan for the year ahead. For commercial property owners, this period is crucial for reassessing budgets, capital expenditures (CapEx), and tenant positioning. A proactive approach not only ensures financial stability but also maximises the potential of your property investments. Collaborati...
Maximise Your Property Investment Returns: End-of-Year Checklist
As the end of the financial year approaches, it's a prime time for property investors to review the performance of their properties, make necessary adjustments, and plan ahead. Drawing from our experience, we’ve compiled an 8-step checklist to help you maximise your rental return and position yourself for success in the next financial year. 1. Review Insurance Policies Ensure your...
Understanding Tenant and Owner Responsibilities for Rental Properties in Tasmania
Renting a property in Tasmania, like anywhere else, involves a clear understanding of the responsibilities shared between tenants and property owners. Knowing who is responsible for what can help prevent disputes and ensure a smooth rental experience for both parties. This article outlines the key responsibilities of tenants and owners in Tasmania, providing a comprehensive guide for anyone inv...
Stamping Out Stamp Duty - Set to Open More Doors for Tasmanian First Home Buyers
Stamp duty has long been a significant financial hurdle for home buyers, particularly first-time buyers. In a bold move to address this issue, the Tasmanian Government is committed to eliminating stamp duty for eligible first-time buyers, providing substantial financial relief. As part of their ambitious 2030 Strong Plan for Tasmania’s Future, a new initiative has been announced ...
Empowering More Tasmanians to Achieve Home Ownership
The Tasmanian Government's 2030 Strong Plan for Tasmania’s Future is dedicated to accelerating home construction and making home ownership more accessible for Tasmanians. As part of this ambitious plan, the successful MyHome shared equity program is being expanded to support more residents in buying or building their own homes. Minister for Housing and Planning, Felix Ellis, announced t...
Understanding the Impact of the 2024 Federal Budget on Tasmania's Property Industry
The recently announced Federal Australian Budget brings both opportunities and challenges for the property sector, particularly in Tasmania. Let's delve into the initiatives and changes that will affect property owners and investors in the region. 1. First Home Buyer Assistance: The extension of the First Home Loan Deposit Scheme is excellent news for aspiring homeowners in Tasmania. Eligi...
The RBA Holds Interest Rates: What it Means for Hobart Real Estate
In the ever-fluctuating landscape of finance and property, the decisions made by central banks can have profound effects on local economies and individual households. Recently, the Reserve Bank of Australia (RBA) opted to keep interest rates on hold. In an article published this week on realestate.com.au, journalist Daniel Butkovich sheds light on the Reserve Bank of Australia’s (RB...
Safeguard Your Home: The Importance of Tenants Insurance
In the hustle and bustle of everyday life, it's easy to overlook the importance of safeguarding your home as a tenant. Whether you're renting an apartment or leasing a house, protecting your belongings should be a top priority. While landlords typically have insurance coverage for the property itself, this insurance doesn't extend to cover your personal belongings or accidental damage as a tena...
Coming Off Fixed Interest Rates: What's Next for Property Owners?
As the end of your fixed interest rate period approaches, it's time to reassess your mortgage and explore the next steps for your property investment. Whether you're a seasoned property owner or a first-time buyer, understanding your options can empower you to make informed decisions about your financial future. So, what are the alternatives available at your disposal? Let's dive in. 1. Refina...
Determining Rental Prices: A Guide for Property Owners
As the costs of everyday essentials rise, so do rental prices. This trend reflects broader economic factors, such as inflation and interest rates, which inevitably impact various aspects of consumer spending. Yet, when it comes to deciding how much rent to charge, it is the rental property market that truly holds the sway. Let's delve into the factors influencing rental prices and what you shou...
Our 8 Top Tips for Pricing Your Home For Sale In Greater Hobart
Selling a home in Greater Hobart presents a unique set of opportunities and challenges. From navigating market fluctuations to setting the right price and attracting potential buyers, there are several factors to consider to ensure a successful sale. In this article, we'll provide valuable insights, tips, and guidance to help you price your home to sell in the vibrant Hobart real estate market....
Navigating the Costs of Property Management: What You Need to Know
Owning property can be a lucrative investment, but it also comes with its fair share of responsibilities. One crucial decision property owners face is whether to manage their properties themselves or enlist the services of a professional property management company. While managing your property yourself might seem like a cost-effective option at first glance, there are various expenses...
Understanding the Timeline: How Long Does it Take to Sell a Property?
Selling a property can be an exciting yet challenging journey, one of the most common questions we are asked by homeowners is: How long will it take to sell my property? At MIX Property Group, we understand the importance of clarity in this process. So let's explore the timeline of selling a property to provide you with a clearer understanding. Preparation Stage: Before listin...
Unlocking Homeownership: The Impact of Stamp Duty Concessions in Tasmania
As polling day fast approaches, housing supply and affordability remains a top priority and concern for many Tasmanians. Amidst the suite of election promises, both major political parties have pledged to start addressing the ongoing housing crisis by cutting stamp duty in half for off the plan and under construction apartments and units up to $750,000. In this blog, we explore the signi...
A Step-by-Step Guide to Applying for a Rental Property with MIX Property Group
Are you in the market for a new rental property? Whether you're a seasoned renter or a first-time applicant, navigating the application process can sometimes feel overwhelming. But fear not! At MIX Property Group, we strive to make the process as seamless and straightforward as possible for our prospective tenants. In this article, we'll walk you through the step-by-step process of applying fo...
Hobart Office Market Report 2024
‘Heaven is a place on earth’ - Belinda Carlisle This is not a quote you would generally associate with our office market, however there was a consensus from the panel at this months’ Property Council of Australia’s Hobart Office Market Report, that we have it better than anyone else right now. With our office vacancy increasing by only a mar...
Top 5 Beach Suburbs In Greater Hobart
Hobart offers a great lifestyle, and it is easy to see why we attract sea changers as well as many who will always call Tassie home, and for great reasons. When it comes to finding the perfect blend of beachside living and convenient access to Hobart's CBD, Greater Hobart offers an array of suburbs that cater to both desires. These coastal communities not only boast stunning beaches and scenic...
Understanding a Commercial Lease
A commercial lease is a legal agreement between a landlord and a business tenant for the rental of commercial property. It outlines the terms and conditions of the lease, including rent, lease duration, permitted use of the space, responsibilities for maintenance and repairs, and other relevant provisions. Commercial leases can vary widely, and understanding the terms is crucial for businesses ...
Your Guide to Pet-Friendly Rental Properties
Did you know that a whopping 69% of Australian households have pets? In this article, we'll delve into the world of pet-friendly rentals, exploring the benefits and potential risks associated with offering a pet-friendly rental. The benefits of a pet-friendly property Expanded Tenant Pool Embracing pet-friendly policies instantly broadens your pool of potential tenants. With a signif...
Navigating Building Inspections in Tasmania- A Guide For Buyers and Sellers
When considering the purchase or sale of a property, a pivotal factor that can influence both sellers and buyers is a building inspection. Who organises the inspection and who pays? When is it done? and what happens if there is a problem? Let’s delve deeper into building inspections in Tasmania and how it might affect you if you are selling or buying. 1. Types of Building Inspections In...
Looking to rent a commercial space? Your step by step guide to secure your property
Applying for a commercial tenancy can be daunting. The legal obligations and financial commitments can seem overwhelming, however by following our step-by-step guide below we hope to make the application process smoother to navigate. Once you have found your perfect location, conducted your financial due diligence, and feel ready to commit, having as much information on hand to present t...
4 Essential Factors for Insuring Your Investment Property
Investing in property holds the promise of financial prosperity, but safeguarding your investment requires strategic planning, with insurance playing a pivotal role. As you embark on the journey of insuring your investment property, it's essential to consider a myriad of factors to ensure comprehensive coverage that protects against unforeseen risks. While property managers do a f...
How much are real estate commissions in Hobart ?
How Much are Real Estate Commissions in Hobart? When you are thinking about selling your home, one of the important factors to consider is what the costs will be. However, in our era of available information, it is still hard to find clear and concise information on exactly what Hobart real estate agents charge and what other fees might be applicable when selling your property. In this articl...
Thinking of a move in 2024 - Selling Tips for 2024
As we bid farewell to 2023 and look forward to the possibilities that 2024 holds, many find themselves contemplating significant changes, including the prospect of selling their homes. Whether you're motivated by a job change, educational opportunities, or simply the desire for a fresh start, preparing for a move requires careful consideration. This week we guide you through essential steps for...
Suburb In Review- Dodges Ferry: Your Gateway to Seaside Living and Property Possibilities
This week, we invite you on a journey to discover the hidden gem of Dodges Ferry—a coastal haven that seamlessly blends beachside living with a strong sense of community and modern convenience. Whether you're a potential homebuyer or an investor looking for the perfect property, Dodges Ferry beckons with its stunning coastal views, relaxed seaside vibe, and diverse range of housing option...
My tenant's rent is late, what do I do?
Renting out a property can be a rewarding venture, but it comes with its fair share of challenges. One common issue property investment owners may face is tenants falling behind on rent payments. In Hobart, Tasmania, understanding the local legislation and taking appropriate steps is crucial to address this situation effectively. Rent must always be paid when it falls due. This is a co...
What will the owner take? Navigating property asking prices in Greater Hobart
“What will the owner take?” “How much do they want?” “What price is the owner looking for?” Whichever way this question is posed it would have to be one of the most common questions an agent is asked, and navigating property asking prices in greater Hobart isn’t always as straightforward as one might think. In this article, we will go over some of th...
Calling all Little Artists!
Calling all creative minds and little artists! Colouring Competition Alert! Get ready to add a splash of colour to the festive season with MIX Property Group's exciting Coloring Competition! Prizes await the winning artwork; $50 Little Poet Voucher A Christmas box filled with delightful goodies A Gingerbread house kit from Tasmanian Gingerbread Company 🗓️ Hurry, entries close on D...
Your Property Settlement Checklist: Getting Ready for a Seamless Move
Are you preparing for the exciting journey of selling your home? An important aspect to consider is what happens after selling your home and what you need to do to prepare for settlement day. After a successful sales campaign and the SOLD sticker has been done now it's time to think about getting prepared for the move. The time frame from sale to settlement can range from 4 weeks to several m...
Welcome Kelly
We are thrilled to warmly welcome our newest team member, Kelly Duffin! Kelly joins our commercial property team, bringing with her a wealth of experience and expertise in commercial property management and leasing. With a law degree and an impressive background at The Hobart Airport and other real estate ventures, you can trust that you're in excellent hands with Kelly taking care ...
Landscaping Tips to Improve Your Property Sale
When it comes to selling your property in Hobart, first impressions matter. A well-maintained and beautifully landscaped property can significantly enhance the curb appeal and overall value of your home. In this blog, we will explore the importance of landscaping in maximising your return on investment when selling your property in Hobart, and provide you with valuable tips and ideas to create...
A Time for Patience: Navigating Commercial Real Estate Leasing in Changing Times
The commercial real estate landscape is experiencing significant shifts in its leasing market, leading to an influx of available properties and a decline in demand. While these challenges may test landlords' patience and cash flow, it's crucial to adopt a positive and proactive approach. We explore six ways to ensure your Hobart commercial property remains attractive to potential tenants and h...
A Comprehensive Guide to Renting in Hobart: Tenant's Rights and Responsibilities
Are you considering renting a property in greater Hobart? Hobart has a thriving rental market that caters to a diverse range of tenants. To ensure a smooth and successful renting experience, it's crucial to understand your rights and responsibilities as a tenant in Hobart. In this article, we'll walk you through the rental landscape in Hobart, outline your tenant rights and responsibili...
Attracting the Right Tenant for Your Property: A Comprehensive Guide
Whether you're managing your investment property independently or using a property manager, finding the right tenant is a critical step to ensure your property remains a valuable asset. In this article, we'll explore the essential aspects of attracting the perfect tenant for your property. By following a meticulous process, you can increase the likelihood of securing responsible and reliable t...
Open Home vs. Private Inspections: Which is Right for Selling Your Property?
Selling your property is a significant milestone in your life, and one of the crucial decisions you'll need to make during this process is how you want potential buyers to inspect your home. Two primary options available to you are open inspections and private appointments. Each approach comes with its own set of advantages and considerations. In this article, we'll explore the pros and cons of...
Luxury Real Estate Trends: Whats in Demand
Luxury real estate has always been a realm of aspiration, where architectural marvels, opulent amenities, and unique features define the epitome of high-end living. As we dive into the latest trends in luxury real estate, we want to take you on a journey through the world of exclusive properties, revealing what buyers are striving for in luxury properties in today's market. Some of these items ...
Navigating the Waves of Interest Rates: Impact on the Hobart Real Estate Market
In a move that surprised few but still garnered significant attention, the Reserve Bank of Australia (RBA) has decided to keep interest rates on hold at 4.1 % for the third consecutive month in a row. At MIX Property Group we closely monitor developments in the financial landscape to provide our clients with the best possible advice and insights. In this week's article, we'll delve int...
Elevate Your Spring Home Sale: Our 7 Tips to Maximise Your Sale This Spring
Spring has Sprung! The bulbs and tree blossoms are out and the sunny days are creeping back in. As spring casts its vibrant spell on Hobart, there's a unique opportunity to harness the energy of the season and create an irresistible allure. We are here to guide you through the art of spring staging, ensuring your property exudes a bright, airy, and welcoming atmosphere that aligns seamlessly wi...
Preparing Your Investment Property for New Tenants- Our 7 Point Checklist
Congratulations on your investment property! Whether you've just acquired it or your current tenants are moving out, preparing your property for new tenants is a crucial step to ensure a smooth and successful rental experience. A well-prepared home not only commands a higher rental income but also attracts responsible tenants and minimises potential issues down the line. In this article, we'...
Embracing Sustainability: Creating an Eco-Friendly Haven in Tasmania
When it comes to finding the perfect home, Greater Hobart offers a unique opportunity to not only enjoy breathtaking natural beauty but also to make a positive impact on the environment. With its pristine landscapes and a strong focus on conservation, our island provides an ideal canvas for homeowners to incorporate sustainable practices into their living spaces. A commitment to sustainability ...
Top 5 Actions to Prepare Your Commercial Property for the New Financial Year
The dawn of a new financial year brings with it a unique set of opportunities and challenges for commercial property owners and managers. As the economic landscape evolves, it's crucial to have a well-defined plan in place to ensure the seamless operation and success of your commercial property. In this article, we'll delve into the five top actions you should take to prepare your commercial ...
Have your say on the Rental Market Crisis!
As property managers, we understand firsthand the challenges faced by both tenants and landlords in the current Australian rental market. The ongoing affordable rental property shortage, escalating rents, costs to property investors and evolving legislation have created a complex landscape that requires careful navigation. In response to these pressing issues, the Australian government has take...
The Ultimate Guide to Property Appraisals: Unraveling the Market Value of Your Home
For homeowners looking to sell their house or property, a property appraisal serves as a crucial first step in the process. This informal and straightforward evaluation helps determine the estimated market value of your property. Understanding what agents look for during an appraisal and how they establish the market value can empower homeowners to make informed decisions and embark on a succes...
Renting vs. Buying in Hobart: Making an Informed Housing Decision
The decision to rent or buy a home is a significant financial choice that requires careful consideration of various factors. Hobart offers a unique real estate market with its picturesque landscapes, growing economy, and cultural charm. In this article, we'll explore the pros and cons of renting and buying in Hobart to help you make an informed decision that aligns with your lifestyle and finan...
End of Financial Year Checklist for Property Investors: A Property Manager's Perspective
As the end of the financial year is fast approaching, it's an excellent time to reflect on the performance of your properties, make necessary adjustments, and plan ahead. From our experience, we have compiled an 8-step checklist to help you maximise your rental return and position yourself for success in the next financial year. 1. Review Insurance Policies Reviewing your property insurance ...
Kingborough Market Snapshot
Kingborough offers a variety of property types, including standalone houses, townhouses, apartments, and vacant land for development. The demand for properties in Kingston and its surrounds generally remains high due to its attractive location, amenities, and lifestyle offerings. The market trends see Kingborough having experienced steady growth in property prices over the years, fuelled...
Boosting Homeownership: Extension Of The First Home Owners Grant and Stamp Duty Concession
In a significant move to promote homeownership and alleviate financial burdens, the Australian government has recently extended the First Home Owners Grant (FHOG) and the stamp duty concession for both first-time buyers and downsizers. These measures, which have been extended until June 30, 2024, aim to support individuals and couples looking to enter the property market for the first time, as ...
Maximising Tax Benefits: Understanding Depreciation on Investment Properties
As tax season rolls around, it's crucial for property investors to grasp the concept of depreciation and how it can significantly impact their annual returns. By harnessing the power of depreciation on investment properties, you can increase your financial gains and reduce expenses. Join us as we delve into the world of investment property depreciation and discover how it can work to your adva...
Glenorchy Market Snapshot
Welcome to the market snapshot of the vibrant real estate market in Glenorchy! As a specialised real estate agent with an intimate knowledge of the Glenorchy community, I am thrilled to provide you with a snapshot of the current market in this popular area. The real estate market in Glenorchy offers a range of options to suit various preferences and budgets. From cozy homes, to affordable unit...
Selling Your Home in a Changing Market: Tips to Attract Buyers
Selling your home in a changing market can feel like navigating a rollercoaster ride. But fear not! We've got some fantastic tips to help you attract those elusive buyers. In this article, we'll share some strategies that can increase your chances of selling your home successfully in a changing market. So, buckle up and get ready to impress those potential buyers! Price It Right Alright, here...
How Technology is Revolutionising Real Estate
Technology has become an integral part of our lives, revolutionising various sectors and almost every industry, and the real estate industry is no exception. From property search and virtual tours to transaction processes and data analysis, technology has significantly transformed how the industry operates. In this article, we explore the key ways in which technology has impacted the real e...
Changes to the First Home Owners Guarantee
The Australian government is set to expand its first home guarantee scheme, along with its regional and family home equivalents, to make homeownership more accessible to a wider range of Australians. Effective July 1st, the expansion will include changes to the eligibility criteria, allowing more individuals to benefit from these housing schemes. One of the key changes is the redefinition of a...
Inspect to Protect: A Guide to Property Inspection for Homebuyers
When inspecting a property to buy, it's essential to pay attention to various factors that can impact its value, condition, and suitability for your required goals. Here are the top things you should look for during a property inspection. Once you have found a potential property it is important to conduct a thorough inspection. This will help you identify any issues that may affect the...
How To Work Out Your Return On Your Investment Property
When buying an investment property, it is essential to understand the profitability of the investment before diving in. Calculating the returns on investment properties is crucial to make informed decisions. Knowing the gross rental yield, net rental yield, and capital growth rate can help in determining the profitability of the property. In this blog article, we will discuss the methods of cal...
Setting Your Goals when Buying Your First Investment Property
Buying your first investment property can be an exciting and potentially lucrative opportunity. There are several reasons why investing in Tasmanian property is a great choice. The affordability is good in comparison to other states, there's high rental demand driven by the growing population, and there's a strong economy as well as the lifestyle factors on offer, which means Tassie homes are ...
Benefits To Working With A Commercial Property Specialist
Investing in commercial real estate can be a lucrative business, but it comes with a variety of responsibilities. Managing, leasing, and selling commercial properties can be a complex and time-consuming process. That's where commercial property specialists come in. Hiring a commercial property specialist can offer many benefits, from expertise and time-saving to access to a network of industry ...
Costs of Buying & Selling Property
Before deciding to buy and sell property it is important to consider all the costs involved. The costs of selling and buying a property can vary depending on numerous factors, such as the location of the property, the type of property, the method of sale, and the fees charged by professionals. Below, we have outlined the most common costs associated with selling and buying property in ...
Office Market Update
What impacts are Low Office Vacancies having on rents? The Property Council of Australia’s Office Market Report was released last month. Whilst the predictions around Hobart’s ever tightening office market were realised, with vacancy dropping from 2.7% to 2.5%, some industry stakeholders question how we support private investment moving forward when capitalisation rates are be...
New President Tasmanian Division - Property Council of Australia
The Tasmanian Division of the Property Council of Australia held its Annual General Meeting (AGM) on Tuesday 21st of Feb. Meeting attendees acknowledged the hard work and dedication of President Peter Scott, who has stepped down after four years of service. During his tenure, Peter developed policy and a reform agenda to guide the Property Council Tasmania’s advocacy moving forward. ...
10 Tips for Buying Success
Buying property in Tasmania can be a great investment opportunity or what a fabulous place to set down your roots and call 'home', but it's important to understand the process before diving in. We have compiled our 10 top tips to buying success. This list can help you in the buying process, it covers the importance of getting pre-approved, making a wish list, getting informed on the current ma...
Investment Property Gearing: The Ups and Downs
Investing in property can be a lucrative opportunity for those looking to grow their wealth and secure their financial future. However, it's important to understand the different strategies involved in property investment, such as negative gearing and positive gearing, to make informed decisions and maximise returns. Negative and positive gearing are two investment strategies use...
Our Top 10 MIX of the little things that make a big impact when selling your property
When it comes to selling your home, presentation is key. A well-presented property can make all the difference in attracting potential buyers and securing a successful sale. In this article, we will cover the top 10 MIX of little things that make a big impact to help you showcase your home in its best light and increase its appeal to buyers. How to present your home for sale with confidence &a...
How to Avoid a Vacant Rental Property - Our 5 Tips to Keep you Tenanted
If you own rental property, having a vacant rental property can be a frustrating and costly experience. We have recently seen a growth in the amount of rental properties that are on the market in Hobart, and while we are still experiencing low vacancy rates (0.9 per cent), having a vacant property just doesn’t make sense. Loss of income and increased risk of vandalism increase e...
Your 7 Point Checklist to Finding the Right Commercial Space
Looking for commercial space in 2023? Here's our 7-point checklist to help you prepare for your search 1. Identify the size space you need Offices - allow 10msq per person, excluding areas for meeting rooms, reception, breakout space and storage. Retail - calculate the amount of product you will have on display, space for furniture and client fa...
New Year Home Reset
Home reset for the new year The New Year is a great time for new beginnings and with the lovely summer weather we have in Hobart right now, it is a great time to reset your home ready for the New Year. A deep clean is a great way to freshen up inside your home, it is certainly beneficial if you are thinking about selling, but even if you aren’t thinking of sell...
2022 What A Year! Heather's Journey
2022 has been a big year and personally one of the most challenging. After practising real estate for nearly two decades, 17 years of those in Hobart, I found myself getting restless and knew it was time for a change. What that was, I wasn't entirely sure. Not one to shy away from making big decisions, I knew leaving my comfort zone would come with some soul searching, opportuniti...
Our 6 Top Tips If You're Thinking About Selling Your Property in 2023
With the year rapidly coming to a close and 2023 just around the corner, we often find ourselves reflecting on the past year and considering our future plans and goals for the year ahead. For some, this can be about making a move. Whether it is for a job change, a move for kids schooling, sea change, or you may just need a larger or smaller home. Whatever the reasons ...
The TOP 4 things on the minds of Property Investors
Here at MIX Property, we know the BIG 4 things on your mind as a property investor. We understand how to maximise your return while minimising your risk!! 1. You don’t want your investment property empty Having a vacant investment property just doesn’t make sense. Loss of income and increased risk of vandalism increase every day your property sits empty. ...
MIX Launch Event 2022
Our team at MIX Property Group were joined by a group of our fellow supporters, colleagues, friends and family to celebrate the official launch of MIX Property Group on the 11th of November 2022. Held at our office space at 'Pandora House', 16 Victoria St, Hobart. It was a wonderful opportunity for us to show everyone around our completed office space and enjoy the hospitality ...
MIX TIPS on buying a home subject to sale
For many people looking to make a move from their existing home it can be a minefield of decisions, in this article we cover what you need to know, the risks, the rewards and tips on buying a home subject to sale. So what is ‘subject to sale’? Subject to sale is a special condition in a contract to purchase a property that allows you to put an offer on a home, but the offer wil...
Stress-Free Property Management
Download our guide to stress-free property management.