.

.

Home & Garden

Making money with house flipping and DIY property renovation

  • Written by Greg Rogers


The Australian property market is booming. Housing has never before been so unaffordable. It has been for at least ten years and there is no end in sight as renovators and investors compete for limited realestate stock.

Brisbane, Melbourne and Sydney are the States where population growth is continuing to create demand for homes.

Melbourne and Sydney property sales are driven by historic highs in overseas migration whereas Brisbane property demand is primarily fueled by interstate migration. Queensland's weather provides outstanding lifestyle advantages and people just want to live there. That is why inner suburban Brisbane, The Gold Coast and The Sunshine Coast are so popular. People are looking for a seachange or an lifestyle change.

In Brisbane especially there is a strong market for well located inner suburban houses and units in smaller older complexes that have not been renovated. Agents cannot keep up with demand and that is why those that are for sale will sell for a lot more than vendors expect.

A lot of people are make a very comfortable living from sourcing low priced stock and spending a lot of money and time to improve the layout and interior design with a view to a quick resale at a large profit. It is not just builders and tradies making the money but everyday people who buy a property and hold it for a year while they plan to carry out changes, apply for permits, wait for a builder and then get the work done.

One of the issues that often cause delays for people renovating a home in Brisbane is the weather. Quite often an old tile or iron roof will have to be replaced. Those large outside jobs take time and while the workers are on site ( and often away doing other jobs ) they leave the interior of the property vulnerable to rain and even worse, Brisbane's summer hail storms. It is important to have roof protection on hand when replacing a roof so see Brisbane tarp hire rates here.

It is the same when exterior walls need to be replaced or changed over from cladding to windows or doors. There is a time when the property is vulnerable to the weather. Put up a strong water proof tarp to keep the weather out and at the same time keep valuables out of sight.

There is a lot of money to be made from renovating houses but it is true to say that "You make your money when you buy". Never pay too much for a "renovator's delight" as it does not leave enough margin to cover expenses like insurance, stamp duty, agent's fees and renovation material and hire outlays.

Making money with house flipping and DIY property renovation

The Australian property market is booming. Housing has never before been so unaffordable. It has been for at least ten years and there is no end in sight as renovators and investors compete for limited realestate stock. Brisbane, Melbourne and Sydney are the States where population growth is contin...

Read more

Intelligent Interior Insights - What is Property Styling and Why is it Effective?

It is an undisputable fact that in most homes, each room is basically just a set of four walls. What property styling aims to deliver is showcasing those rooms and the whole home, to their best advantage. The ultimate goal? To achieve the highest possible selling price for your home.   For this ...

Read more

How to Rid Your Mattress of Mold

Mold can be a nuisance for most people. The CDC reports that mold is prominent in our world, whether it be the air we breathe or the surfaces that surround us. The key component is that mold will breed rapidly where moisture is found.   Some people are impervious to the effects of mold, which i...

Read more

The Dirt Doctor – 5 Signs That Your Backyard Needs Professional Help

If you’re a homeowner, you’ve probably noticed that you have some clear strengths and skills. You might be great at putting together colour palettes for interior design transformations, or you could have a real flair for finding antique furniture. However, you probably have some weaknesses as wel...

Read more

Bigger Picture Planning - The Importance of Consistency in Modern Home Design

Modern home design is an interesting field of study, and an even more interesting field of practice. There is something amazing about the perfectly designed modern house, and while it doesn’t always have the warmth and charm of an old-fashioned cottage, it’s a style of living with it’s own virtues...

Read more

Delicious Décor – 6 Tips for Designing Your Perfect Kitchen

The image of the perfect kitchen changes depending on who’s dreaming about it. We’ve all got different goals and priorities and, what dazzles and delights one homeowner, might not be the same for another. This is why flawless kitchen design always starts with the needs and expectations of the user...

Read more

Patio Planning Guide – 5 Cosy Tips for Turning Your Outdoor Area into a Homey Haven

When you’re lucky enough to live in a country as beautiful as Australia, you tend to spend a lot of time in the great outdoors. There’s a good reason why Aussies are such eager hikers, campers, surfers, and explorers. It’s not all about epic treks though, because some of the best adventures happen r...

Read more

How to Choose a New Mattress

Have you ever had such a long day that all you can think about is going home and climbing into your big, comfortable bed? If you have had your mattress for eight years or longer, you might find that your good night’s sleep isn’t as lovely as you wanted it to be. If you’re ready for a new mattress, i...

Read more

Bleak and Mortar - 5 Tips For Bringing Life Back Into Your Home

It is easy to grow complacent with the place you live in. You see it day in, day out and may not always notice the little things that are happening (or not happening). Every now and then, we realize that our home needs a little something; the walls don’t look as bright as they once did and the furn...

Read more

The Irrigation Insider - How to Boost the Efficiency of your Home Water Systems

As we move into autumn and the scorching summer heat is behind us, we still need to be concerned with keeping the garden in good condition. A well-kept garden will be more able to withstand harsh weather, and at the forefront of your mind when it comes to keeping the garden looking great should be t...

Read more

Cultural Comforts – Incorporating Hollywood Glamour into Modern Interior Design

Around a decade ago, there was a real trend for taking sneak peeks into celebrity homes. There were countless TV shows which promised to take regular folks inside the swankiest houses in Hollywood. While most of us still enjoy a gossip about how the super-rich live, the popularity of these shows has...

Read more

Lighting Lustre - 6 Unexpected Boons of Installing Skylights

If you have ever visited the Pantheon in Rome, you would have noticed that amongst all its greatness, there is a single opening in its ceiling which floods the entire volume with light. From Ancient Roman architecture to today’s modern renovations, skylights have always been a touch of luxury and cl...

Read more