Australians have already spent close to $15 billion on renovating and building residential homes since the beginning of 2016. One of the key reasons people choose to renovate is to ‘increase property value’, however, with
The expression location, location, location may sound like a catchy buzz phrase to many people, but
to real estate agents, brokers and developers it’s a mantra they repeat every day. Location is one of the most important factors that influences a property’s value.
Sure, other criteria such as price, land to asset ratio, the property’s age, layout and upgrade costs are extremely important. But the lot’s location is the only factor that cannot be changed or altered, so you better make sure you’re buying in the right spot!