Interest rates play a critical role in the Australian property market, often shaping the decisions of buyers, sellers, and investors alike. Whether you're a first-time buyer or a seasoned investor, understanding how interest rates influence the property cycle is essential for making informed decisions. What are Interest Rates? At their core, interest rates represent the...Read More→
At Penrose Real Estate, we're always looking to bring you the latest updates that affect property owners and buyers. This week, Christina sat down with Louise Mifsud, Property Lawyer at NB Property Law to break down the recent changes to Queensland's transfer duty laws and what they mean for first home buyers. The Big Change:...Read More→
We're taking a closer look at an important topic for tenants and landlords alike—the new rent increase laws in Queensland.
In 2022, we are living in a very different world than we were just two years ago. You don’t have to go far before you run into someone struggling with the cost of living, the housing shortage, or the other flow-on effects of the pandemic. Whether in your local coffee shop, on the news or...Read More→
More than ever, people are wanting transparent and honest communication, value for money and confidence in their decision making. The impacts of the pandemic have been felt across almost every industry, including real estate, and like many – the industry has had to adapt. The answer – Property Technology (Proptech). Proptech is a combination of...Read More→
And what you should do about it. Whether you’re a buyer or a seller, chances are you’ve felt the uncertainty of the 2021 housing market reflected in your property conversations and considerations. Low-interest rates, government grants and a high rate of demand have caused house prices to soar and spiral in all different directions. Many...Read More→
Attention Landlords, Sellers, and Soon-to-be Sellers! If you own a property in Queensland, you need to be aware of the smoke alarm legislation that impacts all homes and units being sold, leased, or having leases renewed. As per Queensland law, it’s mandatory for all properties to have hardwired photoelectric interconnected smoke alarms installed. This applies...Read More→