The unprecedented property price growth we’ve had, pockets of undersupply across many parts of Australia and slow income growth, has meant that families and young couples are still finding it hard to find affordable homes. According to a survey, the average first home buyer can afford around only one third of all homes in Australia, however this is even lower in Sydney, Melbourne and Perth. First home buyers are being forced to compromise on their homes location, property type and number
Today, there are homes that are categorized as luxury homes. These properties are not necessarily mansions, but they offer owners the utmost luxury living experience. It is crucial to understand which elements characterize a luxury home before investing, because a high price tag alone will not put a property in this category. What Makes Luxury Homes Phenomenal? Top-notch Kitchens Most modern kitchens integrate functions, luxury, and style. Now is the time to transform basic granite into the most dazzling gourmet kitchens. Bold textures, rich hues and exotic materials – these are some of
Going green can sound a little intimidating to some homeowners. With so many eco-friendly options to choose from, it can be hard to know where to begin. Here are some green suggestions on how to build energy efficient custom homes. This goes for people already settled into their home as well as those working on home construction. No matter which stage you’re at, you can help the environment with simple, effective changes. You just need a little push in the right direction. Get on
Looking for extra rental income or independent space for family? A dual occupancy residence might be the perfect solution. Dual occupancy or duplex developments, as the name suggests, is putting two dwellings on a block of land and splitting the one block into two individual lots each with its own title. The wonderful thing about a dual occupancy development is that it offers a second liveable area under the main roof and the additional cost to create the second liveable area is
Buying your dream home is one of the most exciting things that you’ll ever do. But it’s also one of the most stressful things you’ll ever have to go through. One recent survey revealed that about 40% of people believe that buying a home is actually the “most stressful event in modern life.” Getting a loan might make it easier for you to afford your home but the process of getting an approved loan can be quite stressful. The uncertainty over whether or not
In the ever-evolving world of home design, we’ve identified five trends that we see as leading the pack in 2020. We also share some home design trends that are on their way out. Overall, we are seeing a shift from magazine-perfection to cosy minimalism, from rich colour schemes and industrial accents to white colours and natural, organic design elements along with wooden florring. All while incorporating the latest innovations in smart home technology! Technology Is In Home automation continues to grow more
Wondering whether to knock down and rebuild or renovate your existing home? We at Parkvuehones often get asked by homeowners whether we think they should renovate their existing home or build new. The answer, of course, depends on your unique situation, your financial goals and future plans. The important thing is to consider what each path offers. You should start by considering the home’s intended use. What sort of living areas do you need to fit your lifestyle? How much room do
