Real Estate News


Five Mistakes To Avoid When Investing In Property


    1.  Not doing your research When purchasing an investment property, it’s important to do your research about the location, local amenities, rental yields, vacancy rates and the property itself. While it may not always be possible, you should aim to know as much as you can about the neighbourhood you intend to invest in.   Be wary of ‘booming markets’ such as mining towns and tourism centres. These may produce excellent returns over the short term, but how will the investment stack up long term if there is an industry downturn? Remember, a good investment is not one based on speculation.       2.  Not having a professional property management team in place Many people assume property management is simple and think they can do it all when it comes to taking care of every aspect when managing their property. This can quickly become a stressful and tedious task, not to mention the ever increasing legislative requi...


When is the best time to sell my property?


Every season offers the seller different opportunities to market and sell their property...    Winter   Winter is a great time to sell your property as there is often less stock on the market. A well presented property in winter stands out as there is less competition and buyers are looking all year round. A warm open fire in a Melbourne winter accompanied by hot chocolate on arrival is the perfect way to welcome potential buyers to an open home.     Summer   Summer offers a unique time to showcase your property. Long days and summer holidays give prospective buyers more time to spend looking at property and imagining themselves moving into their new place. Offering a cold lemonade at an open home in summer ensures prospective buyers stay long enough to enjoy the refreshment while leisurely perusing the property.     Autumn   Autumn is a busy buying period with many families wanting to settle on a new property before wint...


How to (Ethically) Boost Your Property's Sale Price


    Below are the 4 key steps you must follow for a successful property sale. You may be new to the property market and this may be the first property you have sold, or you may be an experienced property seller and just need reassurance that you're on the right path. This guide steps you through the 4-stage process for effectively selling your property to get the maximum possible sale price.     1. Choose the Right Agent Selling your property is an important life event which can be financially and emotionally demanding, and that’s why you need an experienced and trusted professional real estate agent to help you with the process. Find an agent you trust, who you believe will look after your interests and do a great job. Interview as many as it takes to find one you trust. Beware of agents who try to dazzle you with empty promises of an unrealistic price, or an expensive marketing campaign that promotes their agency, but does litt...


5 Simple Tips to Make Your Property Stand Out


Selling your property takes time, effort and a little help from the experts. Showcasing your property in the best light will make a big difference to its value.   1. Street Appeal First impressions count! Mow the lawn, tidy and water the garden, plant some blooms, clean gutters, remove cobwebs, sweep the path, upgrade the letterbox.   2. Minimise Clutter Create light and space. Open the curtains. Remove excess furniture and belongings, family photos and half the contents of storage spaces.   3. Clean the House Make it sparkle, especially the kitchen, bathroom and windows. Remove all trace of pets and banish bad odours with fresh air or fragrances. A prospective buyer with an allergy to cats will be deterred by couches and carpets covered in fur, so ensure every surface is well vacuumed and use a lint roller where needed.    4. Interior Update Wobbly door handles, torn fly screens and squeaky doors can be easily fixed. Consider updating f...


Thank You to our Trivia Night Sponsors


Pennisi Real Estate would like to say a huge thank you to the sponsors of our annual Trivia Night, held Saturday February 17th.    Major Sponsors...          Our Other Amazing Sponsors...     FRAMED ESSENDON FOOTBALL CLUB JUMPER Signed by the 2018 team                                VALUE - PRICELESS          LA LUNA VOUCHER Dinner for 10 guests at La Luna Bistro - 320 Rathdowne Street, North Carlton Private dinner room, alcohol included; not valid on Saturday Nights VALUE - $2500.00       4 TICKETS TO THE FOOTY SHOW Four tickets to attend the AFL Footy Show in 2018. (Excludes Finals and Grand Final Shows) VALUE - PRICELESS     RACE PARTY VOUCHER A $250 voucher that may be used ...


Take a Look Inside Home Buyers Minds


Home buyers are a diverse group of people and there are never two exactly the same.   Every buyer has their own individual circumstances, motivations, budget and criteria for investing in real estate, requiring a unique and customised approach for each buyer.   Despite these differences however, many share the same views when it comes to how they search for properties, how and when they choose to engage real estate agents, and their preferred method of sale.   Click the video below to discover what really goes on inside the minds of real estate buyers.         List with an agent you can trust. For more information call 03 9379 5616 or email sales@pennisi.com.au.You can also view our recently sold properties here. 

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