Construction in AI: Help or Hinder?
From Siri to virtual travel assistants, AI is conquering new terrain - including in the construction industry.
Four Solutions to the Housing Affordability Crisis
As housing affordability continues to pose a pressing challenge in Australia, a range of solutions are emerging that could provide much-needed relief. It’s vital that developers consider and explore these potential solutions.
Knowing Where to Build as a Developer
As a developer, choosing where to build is one of the most important decisions you’ll make. The wrong decision can result in a failed development and a lot of money down the drain and has put many developers out of business.
Will We See Rental Relief in 2023?
Hold on tight, because the rollercoaster that is the Australian rental market never stops twisting and turning!
What Does the Property Downturn Mean for Buyers?
The impact of the pandemic has sent the Australian housing market into a downturn, smashing a 40-year record.
Is 2023 the Year for First Home Buyers?
Taking that leap of faith into the property market and buying your first home is exciting, fulfilling, and for many, nerve-wracking.
Building Diversity in the Construction Sector
Australia prides itself on a diverse population made up of numerous cultures, yet this isn’t reflected in the construction industry.
Seven Things to do Before Signing-Off on a New Build
Nearing the end of a developmental stage is undoubtedly exciting. Before signing off on the final build, it is vital to ensure everything is in check before doing the final sign-off.
Must Have Features When Investing in an Apartment or Unit
More Australians are choosing to downsize their dwellings due to the rising costs of living.
What Factors Increase or Decrease a Property’s Value?
There is a wide range of factors that play into property value, ranging from the property’s location to how well it is maintained.
Changes to the National Construction Code Coming in 2023
The National Construction Code (NCC) has undergone some changes which are set to go into effect from 1 May 2023, introducing updated construction standards for Australian builds.
Why Home Builders are Collapsing and How You Can Protect Yourself
The consequences of the pandemic have put a strain on our wallets; it’s something all of us have felt in one way or another. From purchasing home-school supplies right through to staggering prices of rapid antigen tests, the pandemic has had unprecedented effects on our bank accounts.
Is the Rising Trend in Regional Home Ownership Set to Continue?
As the economy has evolved, so have our dreams of home ownership. Following the changes brought about by the pandemic, many Australians are turning towards a new dream of home ownership in regional Victoria. The population of Australia’s capital cities declined by 26,000 in 2020-2021, with many favouring a life in the countryside. But why are so many Australians choosing a change of scenery?
Projections for the 2023 Australian Housing Market
2022 was a tumultuous year for the property market, serving up some major talking points, many of which we are still seeing the effects of in 2023.
Prices went down while rent and mortgages went up, and the federal government made a promise to ease some of the ongoing stress in the housing crisis. Data from PropTrack shows a 6.7 per cent rise in the advertised price of rentals in Australia over the previous 12 months. Following the historic property boom seen in 2020-21, the housing market has been experiencing an adjustment phase which has many questioning what 2023 has in store.
Busting the Myth it Costs the Earth to Live Sustainably
Sustainability is an ongoing endeavour that involves taking steps to protect our ecosystems and improve the quality of our lives. Sustainable living has become a hot topic over the years, with many of us seeking ways to integrate more sustainable living practices into our day-to-day lives.
Five Must-Have Design Features in an Eco-Friendly Home
According to the Low Carbon Living CRC, Australian homes generate around 13 per cent of our carbon emissions. It’s a wake-up call that sustainability encompasses far more than recycling and taking shorter showers, and those fundamental changes are vital to the ongoing health and longevity of the planet.
How to Build Sustainably
With growing concerns about the environment worldwide, sustainable construction has been a hot topic during recent years. Our rapidly advancing society has had detrimental effects on the planet, and we must keep the environment in mind with building and development projects moving forward.
The Growing Build-To-Rent Market in Australia
There has been some reprieve in the house price boom, but the rental market is going the other way with rental costs rising and housing availability dropping. The rental market is reaching crisis point with long queues at inspections and bidding wars on leases becoming an unfortunate norm in 2023.
Meet Farnoud Erfanian Nozar
Following over 20 rewarding years in the industry, I’ve made it my ultimate goal to provide you with quality advice in the wide world of property development. Today, I wanted to introduce myself and explain how I can help you on your own journey in this industry.
2022 Wrapped
2022 has been a long and eventful year for Australia, who’s property industry has been caught in a perfect storm amid supply chain shortages and skilled labour reductions.