Adelaide Home Finance

20/01/2022

Its currently a sellers market in Adelaide! 2021 saw a near record increase in property values of 22.2%.

https://www.smh.com.au/property/news/inevitable-where-house-prices-are-heading-in-2022-20211215-p59hr7.html #:~:text=Home%20values%20climbed%20a%20whopping,trillion%20in%20just%2012%20months.

Australia’s booming property market is set to change gears this year, as affordability limitations, tighter lending and rising mortgage rates weigh on buyer demand.

05/06/2020

Is the future of Aussie Homes.. less walls?

New research has indicated that 2020 circumstances have accelerated a move to more sustainable housing.

This research suggests that houses will soon become likely to be an open-plan structure filled with rocks, plants, recycled building materials and second-hand furniture.

The idea to make the garden like an extra room within the home. The findings were revealed in an extensive study by Allianz, UTS and horticulturalist Jamie Durie.

The report by Future Of Living, explored the size, materials and technical innovations likely to define the way we live, concluding that Aussies priorities have shifted to sustainability and financial efficiency within the home.

Energy efficiency will be a main focus, with solar panels installed and recycled timbers used in place of brick, where applicable.

“We’re moving away from the McMansion,” he said. “The whole COVID-19 experience has taught people to be more frugal and do more with the space we have. Bigger isn’t better.”

“Re-using old furniture used to be considered just a hippie sport 10 years ago but now even executives are doing it,” Mr Durie said.

02/06/2020

Tradies to benefit in new $25,000 Government Homebuyers Grant.

Homeowners will be offered grants of up to $25,000 for new home builds, under a new Government stimulus plan, but renovators will have to match the “free” cash by more than a $1 for $1.

The grants are designed to protect tradies’ jobs in the wake of the 2020 pandemic, but the final details of the scheme will be announced later this week.

Do It Yourself projects will be out of the picture to ensure the money supports local tradies’ jobs.

Renovators will not just be required to match the cash grants but spend more, ensuring the projects are “substantial”.

“We are more interested in the larger projects and new home builds and things like that,” Prime Minister Scott Morrison said on Monday morning.

“We are looking at a bit of drop off in that current home building that’s going on. That’s not good for tradies and not good for jobs.”

As a result of the requirements, substantial kitchen or bathroom renovations that provide work for plumbers and carpenters may be suitable, but a DIY bedroom repaint or flatpack kitchen may not qualify for the scheme.

“The tradies and all the others – the apprentices and others who work in that home building sector are going to feel a lot of pain unless we can keep a continuity in the business with house construction,” Mr Morrison said.

01/06/2020

Adelaide Home Buyers on the Big Screen 📺

It has always been an enjoyable pass time for most Australians to spend time binge watching TV with the family, but now more than ever, us Aussie's have developed an even greater appreciation for the family theatre room.

When it comes to buying a new home, forget a backyard pool, home theatres are now more front of mind than ever!

Once seen as a wish list item, people are forfeiting an extra bedroom or third car port, to trade for a comfy living room area perfect to snuggle up with the fam and a favourite episode from Netflix or Disney. Due to 2020 circumstance, and add in that this year feels colder than ever, people are investing in an indulgent room suitable for many of the members of the family to enjoy.

Doubling as a play area for the kids, many would rather stay at home in the warm, in front of a fire or heater, and their favourite family TV shows.

So when you are thinking of upgrading, or investing in your first home, keep a family theatre room in mind, for if the circumstance calls.