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21 May 2018
By portermathewsblog


via popsugar.com.au

Decorating Ideas For Small HomesImage Source: Thomas J. Story/Sunset Publishing Corp

An old home with a lack of square metres might feel limiting to some, but the 83-square-metre, 1900s-era Sunset Smart Cottage proves any space can be transformed with strategic decorating and innovative home gadgets. Even the interior design concept for the cottage involved an emerging tech trend: virtual interior design services. Sunset tapped designers Jessica McCarthy and Emily Gaydon from Decorist, a virtual decorating service that offers a fresh approach to the design and remodelling process. “Online services such as Decorist are often budget friendly and more accessible to the masses. We liked the idea that users can get matched up with designers based on their personal style and goals and can work through the process over email, FaceTime, and even texts,” says Sunset home editor Chantal Lamers.

So what exactly was the design strategy behind this tiny tech oasis? POPSUGAR caught up with Decorist designer Jessica McCarthy to get her insights on the smartest solutions for living large in a small home. Read on to discover the optical illusions and space-planning secrets she used in every room!

  1. A Bold First ImpressionA Bold First Impression

    Image Source: Thomas J. Story/Sunset Publishing Corp

    Even the tiniest cottage can have major curb appeal. Jessica suggests painting your front door in a bold hue and replacing the exterior hardware. The cost-effective upgrades are details guests will definitely notice. Keep landscaping affordable and low-maintenance by planting drought-friendly shrubs and perennials from the Sunset Western Garden Collection. Top off the look by adding a few potted plants to the porch for an extra touch of greenery.

  2. Layered TexturesLayered Textures

    Image Source: Thomas J. Story/Sunset Publishing Corp

    To combat the claustrophobic feel of a narrow living room, Jessica suggests opting for a neutral colour palette and avoiding bold patterns to make the room feel large and airy. Since colour and pattern take a backseat, you can go wild with texture. Grasscloth wallpaper, leather seating, linen curtains, and a variety of throw pillows give the space a rich, layered feel. To complete the look, add a semi-flushmount instead of a hanging pendant or chandelier to make the ceilings feel even taller and hang curtains as high as possible.


  3. A Discreet Media Station

    A Discreet Media Station
    Image Source: Thomas J. Story/Sunset Publishing Corp

    Take advantage of precious wall space by creating a media station that is discreet and beautiful. Jessica suggests thinking outside of the gallery wall box by incorporating gorgeous baskets instead of framed art to distract from the floating TV screen. Keeping baskets in the same colour family is Jessica’s trick for achieving a clean and uncluttered vibe.

  4. Stylish StorageStylish Storage

    Image Source: Thomas J. Story/Sunset Publishing Corp

    While Jessica wanted to keep the colour minimal, she used an accent colour throughout the house for fluidity. In this case, a custom-built cabinet in navy ties in with the sofa pillows and kitchen, but it also conceals clutter behind cabinets and displays beautiful objects on shelves.

     

     

  5. A Mini Breakfast Nook

    A Mini Breakfast Nook

    Image Source: Thomas J. Story/Sunset Publishing Corp

    Just because you have a small kitchen doesn’t mean you can’t eat in it. Jessica loves the idea of pushing a narrow console against a wall and adding bar stools for a makeshift dining nook.

  6. Open Shelves
    Open Shelves
    Image Source: Thomas J. Story/Sunset Publishing Corp

    Eliminating upper cabinets can visually expand a small kitchen. Jessica leveraged the brightening power of counter-to-ceiling white subway tiles paired with white floating shelves for an airy and undeniably stylish effect. If a remodel isn’t in the works, Jessica suggests painting cabinets and installing new hardware for a customised look.

     

  7. Plug-In Sconces
    Plug-In Sconces

    Image Source: Thomas J. Story/Sunset Publishing Corp

    If spacious nightstands aren’t in the cards, swap in petite side tables and free up table space by installing plug-in sconces that don’t require expensive or permanent electrical work.

     

     

  8. A Calm Colour Palette
    A Calm Colour Palette

    Image Source: Thomas J. Story/Sunset Publishing Corp

    Like the living room, the bedroom also follows suit with a calming colour palette. Jessica chose a single tone and explored a range of shades on the walls, bedding, rug, and accent decor.

  9. Statement Art
    Statement Art

    Image Source: Thomas J. Story/Sunset Publishing Corp

    Small bedrooms don’t necessarily require diminutive art. In fact, Jessica recommends doing the exact opposite by hanging large baskets, textural pieces, vintage finds from travels, and oversize prints to really make a statement.

  10. Well-Utilised CornersWell-Utilised Corners

    Image Source: Thomas J. Story/Sunset Publishing Corp

    To make a big design impact in a corner of the room, mix pieces with varying textures. Jessica especially likes the way the leather wall object, wicker chair, and fur throw create a cosy effect that feels curated.

  11. A Modern Murphy BedA Modern Murphy Bed

    Image Source: Thomas J. Story/Sunset Publishing Corp

    A murphy bed can be the perfect solution for children’s rooms that require space to play or a guest room that can double as an office. Jessica likes the idea of hanging something dramatic but soft above the bed, like the woven wall art. The texture adds interest but won’t break or budge when the bed is closed.

  12. Customised Closets

    Customised ClosetsImage Source: Thomas J. Story/Sunset Publishing Corp

    Katy Milton of California Closets designed the built-in cabinetry to make the most out of a tiny closet. Jessica recommends adding baskets and bins to cleverly conceal clutter while keeping things in order.

     

  13. Multitasking Work Space

    Multitasking Work Space

    Image Source: Thomas J. Story/Sunset Publishing Corp

    Multifunctional pieces like a small desk, which can be used as an extra table surface for displaying decor, doing homework, and being creative, are one of Jessica’s favourite small-room staples. If you have multiple pieces of children’s art or a group of family photos without the space to hang them, consider investing in the Meural. It’s a digital canvas that gives you instant access to over 30,000 works of art, but which also allows you to upload your child’s drawings and rotate between images.

  14. Wall StorageWall Storage

    Image Source: Thomas J. Story/Sunset Publishing Corp

    Jessica believes shelving can double as eye candy when you mix in your favorite artwork and accessories.

     

     

  15. Minimal AccessoriesMinimal Accessories

    Image Source: Thomas J. Story/Sunset Publishing Corp

    Create the illusion of more square footage by selecting the right colour palette and working in some cosmetic details. Jessica likes to use large mirrors and extra layers of lighting with sconces to make the space appear larger. Keeping the space clutter-free and minimally accessorised is another tricks she recommends for small bathrooms.

  16. Small-Scale Patio Furniture

    Small-Scale Patio Furniture

Image Source: Thomas J. Story/Sunset Publishing Corp

If you don’t have room for an outdoor sofa or settee, consider using an Adirondack chair with a foot stool that can be moved. Pair it with a small table and you have the basic comforts needed for lounging

 

 

 

 

 

 

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21 May 2018
By portermathewsblog


via reiwa.com.au

First home buyers are active in Perth’s property market, with data for the March 2018 quarter revealing an increase in sales for properties priced $500,000 and below.

REIWA President Hayden Groves said after observing subdued first home buyer activity during the December 2017 quarter, it was pleasing to see the lower end of the market strengthen early in 2018.

“The final quarter of 2017 saw the composition of the Perth market shift. Last quarter there were significantly more sales in the higher priced end of the market and less in the first home buyer price range. It’s been a different story this quarter, with the balance of sales shifting back to the lower end of the market,” Mr Groves said.

Median house and unit price

Perth’s preliminary median house price is $510,000 for the March 2018 quarter.

Mr Groves said once all sales settle, this figure was expected to increase to $517,000, which would put the March 2018 quarter median marginally lower (by 0.6 per cent) than the December 2017 quarter.

“Although Perth’s median house price experienced a minor adjustment during the March 2018 quarter, the median house price is up 0.4 per cent when compared to the same time last year, which shows prices are stable,” Mr Groves said.

Perth’s preliminary median unit price is $401,000 for the March 2018 quarter.

“This is expected to lift to $410,000 once all sales settle, which would put it equal with the December quarter median.

“These results are in line with REIWA’s 2018 forecast, which expects stable conditions throughout the remainder of this year, with moderate price growth during the next 12 months,” Mr Groves said.

Sales activity

Preliminary Landgate data shows there were 5,865 dwelling sales during the March 2018 quarter.

“We expect around 6,603 sales for the quarter overall, which is marginally lower than volumes recorded during the December quarter,” Mr Groves said.

There was a 5.7 per cent increase in house sales in the sub-$500,000 price range during the March 2018 quarter.

“Increased activity in the lower end of the market is usually a sign first home buyers are active. We are fortunate the dream of home ownership is more attainable for West Australians than it is on the east coast. After seeing activity drop off last quarter, it’s good to see first home buyers are increasing their presence in the market,” Mr Groves said.

Listings for sale

There were 14,413 properties for sale in Perth at the end of the March 2018 quarter.

Mr Groves said listings had increased 10.2 per cent over the quarter, but were down 2.9 per cent when compared to the March 2017 quarter.

“While it is pleasing listings have declined on an annual basis, the increase over the quarter is not cause for alarm. With overall sentiment in WA improving and all signs indicating the market has begun to turn, sellers are feeling more confident than they have been and therefore more inclined to put their property up for sale.

“We’ve also seen a sharp decline in rental listings over the past year which has had a flow-on effect to the established market. With some investors choosing to sell their rental property instead of lease it, this has contributed to the rise in the number of properties for sale in Perth,” Mr Groves said.

Average selling days

It took 67 days on average to sell a house in Perth during the March 2018 quarter.

Mr Groves said although average selling days increased over the quarter, it was still two days quicker to sell than it was during the March 2017 quarter.

“With more listings on the market, buyers now have more choice, which has had an impact on the time it takes to sell. It’s very encouraging though, that on an annual basis, we’re seeing average selling days decrease,” Mr Groves said.

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18 May 2018
By portermathewsblog


via popsugar.com.au

How to Make Your Home Smell GoodImage Source: A Beautiful Mess

 

Have you ever come home from a long day of work, stepped through your door, and noticed that your home smells a little musty? Between lingering food smells from the kitchen, damp towels in the bathroom, and other day-to-day activities, there are lots of things that contribute to your home smelling a little less than fresh. It happens to the best of us, but luckily it’s an easy fix! DIY air fresheners, houseplants aplenty, and some essential cleaning tips are some of our favourite ways to get a fresh home that smells amazing.

Burn a Candle

Burn a CandleImage Source: Francois et Moi

Scented candles add a whole lot of cosiness to your room and can make your entire home smell fresh or festive, depending on the scent you choose! Try this DIY soy candle to get a fresh scent while skipping the harsh chemicals.

 

DIY an Essential Oil Diffuser

DIY an Essential Oil DiffuserImage Source: A Beautiful Mess

Candles should never be left unattended, so if you want something that you don’t have to pay much attention to, DIY an essential oil diffuser instead. They can make your home smell great for months and you can choose your own scents.

 

Deep-Clean Your Bathroom

Deep-Clean Your BathroomImage Source: Studio McGee

How often do you actually deep-clean your bathroom? You should really try to get behind all those nooks and crannies that you don’t always pay attention to once a week. Without a good, regular deep clean, your bathroom will eventually start to smell.

 

Get an Air Purifier

Get an Air PurifierImage Source: Love Grows Wild

There are lots of things to love about air purifiers, from getting rid of harmful pollutants in your home to making your home less dusty. They also help contribute to a crisp, fresh smell in your home.

 

Make a DIY Air Freshener

Make a DIY Air FreshenerImage Source: A Beautiful Mess

When it’s not really possible to crack a window for fresh air, try a DIY air freshener instead. You can also use them to freshen up fabrics and get rid of musty smells.

 

Bake Some Bread

Bake Some BreadImage Source: Damn Delicious

What can make your home smell better than baking a fresh loaf of bread? There are plenty of simple bread recipes out there, like this no-knead rosemary bread recipe that will instantly make your home smell amazing.

 

Rid Your Kitchen of Grease

Rid Your Kitchen of GreaseImage Source: A Beautiful Mess

If you cook often, grease can really start to build up, even in places you never expected. Citrus-based cleaners work wonders for cleaning up grease on your counters, range hood, microwave, and more, leaving your kitchen smelling fresh.

 

Create Lavender Sachets

Create Lavender Sachets
Image Source: House*Tweaking

These DIY lavender sachets are a great option if you have specific rooms or areas in your home that need freshening up. Just hang one wherever you want your home to smell good!

 

Simmer Your Favourite Scents

Simmer Your Favourite ScentsImage Source: POPSUGAR Photography / Anna Monette Roberts

One of the best air fresheners you can make is one on your stove. Combine your favourite scents, like citrus, cinnamon, cloves, or anything else you like, and simmer it on the stove in some water for as long as you like.

 

Use Houseplants

Use HouseplantsImage Source: Sarah Hearts

It’s no secret that houseplants are one of the best natural air purifiers on the market! Many houseplants help to produce more oxygen in your home while ridding the air of toxic chemicals and carbon monoxide, giving your home a fresher scent.

 

Make Dryer Balls

Make Dryer BallsImage Source: POPSUGAR Photography

DIY dryer balls are a great, less toxic alternative to dryer sheets, but you can use them in similar ways. Put them strategically around your home, like in your linen closet or in your drawers, to keep things smelling super fresh!

 

 

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14 May 2018
By portermathewsblog


via reiwa.com.au

With steady rents, declining listings, improved leasing figures and faster leasing times, data for the March 2018 quarter reveals Perth’s rental market is leading the charge in Perth’s property market recovery.

REIWA President Hayden Groves said the first quarter of 2018 showed Perth’s rental market had strengthened, with improvements recorded across all key indicators.

“Perth’s rental market appears to be building on the momentum of the latter half of 2017, which is very encouraging – not just for the rental market, but also for the overall property market. Historically, the sales market follows the rental market during a recovery,” Mr Groves said.

Median rent prices

Perth’s overall median rent price is $350 per week for the March 2018 quarter.

Mr Groves said this was the twelfth straight month of stable rent prices, with no changes recorded since April 2017.

“All sub-regions experienced stable median prices except for the South West sub-region, which saw its overall median rent price increase $10 to $330 per week during the quarter,” Mr Groves said.

reiwa.com data shows there was a $5 per week increase to both the median house and median unit rent during the March 2018 quarter.

“The median house rent increased to $360 per week, while the median unit rent increased to $325 per week,” Mr Groves said.

“It bodes well for landlords that the house and unit median rents are improving simultaneously.”

Leasing activity

There were 14,112 rental properties leased in Perth during the March 2018 quarter.

“Leasing volumes for the March 2018 quarter are up 4.2 per cent compared to the December 2017 quarter,” Mr Groves said.

“Four out of the five sub-regions saw an improvement in leasing volumes, with the Central sub-region (up 7.7 per cent) and North East sub-region (up 6.1 per cent) the stand-outs.”

At a suburb level, reiwa.com data shows East Cannington, St James, North Fremantle, Ellenbrook and Booragoon saw the biggest growth in leasing activity levels over the quarter.

Listings for rent

Rental listings declined 4.5 per cent during the quarter, with 8,508 listings recorded at the end of March 2018.

Mr Groves said there had been a substantial reduction in the number of rental properties available in Perth over the last 12 months.

“Compared to the March 2017 quarter, listings for rent are now 18.6 per cent lower than they were at the same time last year. This can be attributed to an increase in population growth to the state and fewer new dwelling commencements occurring in the metro area,” Mr Groves said.

Average leasing time

It was two days faster to lease a property during the March 2018 quarter than it was during the December 2017 quarter.

“It took 47 days on average for landlords to find a tenant during the March quarter, which is two days faster than the December quarter and three days faster than the March 2017 quarter,” Mr Groves said.

“With stock levels declining and leasing activity increasing, the Perth rental market is finally starting to re-balance. For tenants, now is a good time to secure a longer-term lease before rents rise.”

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07 May 2018
By portermathewsblog


via therealestateconversation.com.au

In an ideal world, property developers should have a graceful exit from each project, whether they are selling or holding the properties.

Of course, life is rarely graceful, and many newbies fail to even consider the end at the start. This is important as there are a number of exit strategies that you must consider long before you begin any development.

Exits plans aplenty
The first exit is when you transition out of a construction loan, which is when you’re moving from a high interest loan to a more affordable one. Clearly you must be financial enough to still qualify for the new loan – even though it’s cheaper. The thing is the goalposts could have changed dramatically in the length of time it has taken for the project to complete and many a novice has come unstuck because their numbers no longer stacked up in the bank’s eyes. Another exit strategy is out of a joint venture, which I’ll explain in more detail below.

The next strategy, which is also the easiest but not necessarily the best, is selling up and moving on. In my experience, joint ventures (JVs) are a great way to develop property but everyone must agree on what happens at the end. My preference with JVs is to both sell or hold instead of buying the other party out. The reason for that is that you don’t want any recriminations in the future, say, if the property you buy off your JV partner increases in value spectacularly, especially where family or friends are involved. Soon, the green-eyed monster will rear its ugly head, and your former JV partner might even accuse you of short changing them.

I had a situation once where I had the opportunity to buy my JV partner’s property but it made me feel uneasy because I knew that it would likely increase in value significantly in the years ahead and I didn’t want any bad blood between us. We ended up selling & splitting the profits.  It’s not all about money.

Even though that waterfront property is now worth about $1 million, I believe I made the right decision because we mix in the same circles so there was never any finger pointing later down the track. So with joint ventures, my recommendation is that both parties agree to either hold or sell to keep everything simple.

The biggest mistakes
The biggest mistake with exit strategies is not having one at all!

The next one is selling prematurely or holding for too long thinking the market will shift, without taking into consideration holding costs.

The best exit strategy is the one that suits your own unique situation, but sometimes making a smaller profit by selling and moving on is better because of the reduced holding costs as well as opportunity costs, too. My exit strategies have been a mix of selling and holding and even though I’m not afraid to sell I usually regret it when the values go up!

One I don’t regret, however, is the property I sold to pay for my father-in-law’s medical bills because he got very sick here and he was here only on a tourist visa. He had no insurance so each day in intensive care was $4,500 plus myriad other medical costs. I sold that property for $340,000 but today it’s worth about $650,000.

Financially and personally it was the best and easiest thing for me to do to fund his medical treatment and it also an important point.  At the end of the day, property investment and property development is all about improving your financial position and being in a better situation when the chips are down.

Too much too soon
Another major mistake is newbie developers using the profits from their first projects leasing flashy cars to show off their newfound “wealth”. While that’s just silly if you ask me, that lease also kills their borrowing capacity which impacts them financially for any future developments. I have 20 years of investing and developing experience under my belt, but I have never undertaken a large multi-unit development or housing subdivision.

I could if I wanted to but I’d rather be a big fish in a small pond than a small fish in a big pond. That’s because if things go wrong, there are more potential buyers for the project. If you’re a small fish in a big pond and things go wrong, you’ll likely be eaten by the top-end of town and there’s nothing graceful about that!

One of the most common stumbling blocks for new developers is their egos get in the way. As soon as they start supposedly making “big money”, they splash it out on fast cars and various other things that aren’t overly helpful to their future success.  Often these cars are on leases, which, of course dramatically reduces their borrowing capacity. And that’s because they’re not mentally ready for the money.

If I look back at many of the mistakes in my life, I can drill it down to three simple things: greed, ego, or plain old stupidity. Some of those you can do something about but you have to be honest with yourself to do so.

Property development can be a vehicle to vastly improve your wealth, but you have to take your time to learn the ropes – and be prepared to learn plenty about yourself along the road, too.

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04 May 2018
By portermathewsblog


via houzz.com.au

Which trends from the eighties are worth a second chance, and which ones should you forget about?

Thought 1980s interior trends were destined to stay in the past forever? You might be surprised to see how many of the interior fashions of that decade are popping up again in our homes now – albeit in very different ways.

Capture Ditch frills for refined florals
Pattern went to town in the 1980s, and in turn took city dwellers away to the countryside. No bed was complete without a pillow and bedspread adorned with florals – and of course a frilly edge and valance in an accent colour. Alas, the twee pastoral look was sadly chucked out with the chintz in the 1990s to make way for a plainer aesthetic.

But florals are back, and this time the look is more sophisticated. Take this gorgeous sleep space, for example. The pattern has been used sparingly on the bedhead and cushion, and tones with the plain surfaces elsewhere. The effect is pared back, elegant and a far cry from the Little House on the Prairie look of the ’80s.

Capture2.JPG
Play with pastels
Nothing sums up the ’80s love of pastels more than the dapper outfits adorned by the stars of Miami Vice. Who can forget the lilac and pink t-shirts that Crocket and Tubbs wore under their laid-back cotton suits? And our homes were resplendent in pastel shades too – pale pinks, mauves, aquas, blues and yellows all vied for centre stage in 1980s interiors.

We’re loving pastels again, however, with aqua, peach and dusty pink seeing a recent revival. Contemporary pastels are muted and look great with soft shades of grey, while peach works well with copper accessories. The key is to choose just one pastel shade and tone it with more neutral hues, rather than going for an ’80s-style pastel extravaganza.

Capture3

Go for a country kitchen – just not in orange
While 1980s florals aimed for a rustic ambience, so too did many of the decade’s kitchens. The farmhouse kitchen was a big look in the ’80s. Cook spaces packed out with wall-to-wall pine cabinets might look cosy, but the orange shade of wood could also put you off your microwave dinner.

We still love our country kitchens, but the look is completely different, mainly because of the paler, more stylish oak we opt for in favour of varnished pine. We can also experiment with other surfaces, mixing and matching for a more interesting look. The kitchen here has all the elements of a rustic design, but it has been given a twist. Wood is teamed with painted surfaces, while a concrete work surface adds an industrial edge.

 

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04 May 2018
By portermathewsblog


via popsugar.com.au

How to Decorate With ColourstrologyImage Source: A Beautiful Mess

 

When it comes to astrology, let’s admit it: who doesn’t love reading their monthly horoscope? Gaining insight into your future relating to your career, relationships, health, and beyond is not only intriguing and exciting, but often, it can be extremely accurate. So, when we heard about a mashup that existed between astrology, design, and colour theory, we had to know more.

This hybrid idealism, coined “colourstrology” by astrologist and numerologist Michele Bernhardt, is thoroughly mapped out in her book Colourstrology: What Your Birthday Colour Says About You. Michele has created a comprehensive chart of Pantone colours that are assigned to every single day of the year as well as one colour for each month. Using ruling planets, sun signs, and the influence of numbers and other important dates, Michele has determined which colour creates the highest benefit for each.

So locate your birthday month ahead, and read on as we break down your most beneficial colour as well as exciting ways you can incorporate it into your home space for an extra boost of positive energy.

January: Caramel

January: Caramel
Image Source: Anthropologie

Hues of caramel can connect you back to the earth and keep you centered and focused. If you are a January baby, try investing in some terra cotta planters and arrange them on your patio or near your windowsill for the ultimate energy boost. Plus, the dark brown colour of the plant soil will also add to the effect.

 

February: Sheer Lilac

February: Sheer LilacImage Source: West Elm

Sheer lilac can improve friendships and cast a vibe of kindness across you and any of your home visitors. Using lilac-coloured mugs and tableware can be the perfect way to receive the benefits of this colour while you enjoy tea or a meal among pals.

 

March: Fair Aqua

CaptureImage Source: A Beautiful Mess

Fair aqua can increase relaxation and encourage meditation, so it is just the right colour to include in your bedroom design scheme. Choose a bedding set with bursts of aqua, or try to find a solid aqua blanket that can come in handy both at bedtime or for any lazy Sunday naps out on the couch.

 

April: Cayenne


Image Source: Williams-Sonoma

Cayenne is a bright and intense colour, so be sure to implement it in a space that definitely requires a burst of vitality. If you have a home gym, try painting one wall this bold colour, or add a vibrant table runner to your kitchen nook for an extra pick-me-up in the mornings while you eat breakfast.

 

May: Bud Green

May: Bud Green
Image Source: Anthropologie

The colour bud green is closely linked to prosperity and success, so if this is your birth colour, be sure to incorporate it into your home office or desk space. Try including a green upholstered side chair to maximise this colour’s benefits or, if you’re cramped with space, a sleek green laptop cover or mouse pad will do just fine.

 

June: Aspen Gold

June: Aspen GoldImage Source: Designer Living

Aspen gold can promote successful communication, so think about which room in your home receives the most conversational activity. Painting the walls of your dining room a nice golden colour could be a good touch, or hanging art with bold yellow features is another way to get the most of June’s assigned colour.

 

July: Coral Blush

July: Coral Blush
Image Source: Wayfair

July’s coral blush colour is extremely calming and promotes love and sensitivity, so adding this colour into areas of your home that you closely share with a partner is key. An area rug in a gorgeous blush hue placed in either your living room or bedroom is a genius way to infuse this colour into your space.

 

August: Sun Orange

August: Sun Orange
Image Source: Wayfair

A happy, bright sun orange is the best way to promote playfulness and fun, so recreational areas in your home are the best place to feature this colour. Placing a bold orange umbrella out on your patio will not only liven up your space, but it will definitely encourage lots and lots of outdoor Summer fun.

 

September: Baja Blue

September: Baja Blue
Image Source: Grandin Road

The distinct baja blue is synonymous with both beauty and attractiveness and is an amazing color to feature right in your entryway. Grab a welcome mat in this hue, or hang a framed print duo near the door to gracefully (and charmingly) welcome your guests.

 

October: Cerulean

October: CeruleanImage Source: PB Teen

Cerulean is another colour heavily linked to relaxation and tranquility, so it is an ideal choice for your master bathroom. Whether you decide to paint the walls in this shade or find a towel set in a similar hue, you are sure to enjoy the calming benefits.

 

November: Claret Red

November: Claret RedImage Source: Wisteria

This deep claret red is strongly linked to the libido and nurtures physical connection, so incorporating it into your bedroom space can do wonders for you and your partner. And since this colour is quite bold, focus on finding some smaller claret red accents, like a ring tray or small sculpture, to place on top of your nightstand or nearby dresser.

 

December: Pagoda Blue

December: Pagoda Blue
Image Source: Anthropologie

Pagodea blue symbolises vision, wisdom, and travels, so it is the perfect colour to feature in a bookcase display or wall collage to promote interest and vision. Try locating blue bookends or decorative coffee table books with bold blue accents or even a hanging picture frame with blue rims for an extra dose of imagination in these spaces.

Loving colourstrology? If you are interested in finding out today’s specific colour, just click here!

 

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30 April 2018
By portermathewsblog


Although housing affordability has improved in WA in recent times, it remains a legitimate concern for many West Australians.

A recent Housing Affordability Report by the Real Estate Institute of Australia and Adelaide Bank showed while affordability improved in WA on an annual basis in the December quarter 2017, it had declined when compared to the September quarter 2017.

It’s concerning that despite favourable buying conditions and record low interest rates, housing affordability remains such a pertinent worry for many West Australians.

State property taxes are a barrier

REIWA is a strong advocator for addressing housing affordability, and we firmly believe current state property tax arrangements significantly contribute to this problem.

When REIWA surveyed the WA public about this topic last year, respondents overwhelmingly told us that property taxes negatively impact their lives. This is a growing issue and we need to do something to address it.

Home ownership still attainable in WA

The good news is; WA remains one of the most affordable states in the country for housing. Particularly in comparison to east coast property markets like NSW, where the median house price is higher and first home buyers find it more difficult to enter the property market. Here in WA, home ownership is still very much attainable.

In fact, we have the highest proportion of first home buyers out of any state or territory in Australia, with the Housing Affordability Report revealing 34 per cent of all owner-occupier home loans in WA in the December 2017 quarter were to first home buyers.

Additionally, although the average home loan amount to WA first home buyers increased during the December 2017 quarter, it was still $50,000 more affordable than the average loan amount required in NSW. A considerable difference.

However, more needs to be done. While the McGowan Government continues to face a challenging fiscal environment, REIWA still believes an incremental reform of property taxes will encourage both owner occupation and investment.

The residential property market is a key contributor to state revenue, specifically through transfer duty – one of the most inefficient and ineffective taxes. In the long term, we would like to see the Government transition to a broad-based land tax instead of relying on transactional taxes for revenue.

All West Australians deserve to have access to affordable, accessible and appropriate housing stock.

We call on the McGowan Government to commit to conducting a state tax review to look at more sustainable ways of funding essential services that doesn’t impact so heavily on affordability.

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23 April 2018
By portermathewsblog


via domain.com.au

When was the last time you ventured to the very back of your bathroom cupboards? Here are some tips to declutter and organise this area to save you time (and money).


Photo by Dulux Paint

Whether you’ve been living in your home for 15 years or 15 weeks, a bathroom declutter will save you time getting ready in the morning. Plus, you’ll be surprised by how much accumulated clutter you can easily let go of, giving you much more open space.

1. Empty out

First, grab a rubbish bag for anything that needs to go directly into the bin. Ensure some wipes are nearby to clean the cupboards and drawers down once everything is out. Then create space on the floor or benchtop where you can sort things. I usually use the floor, as you can empty every single item out of the bathroom cupboards, drawers, shelves and off the vanity top and lay them out so you can see what you have.

While the cupboards are empty, take the opportunity to give them a wipe out, as bathroom cupboards often end up covered in product, dust and hair. No doubt you’ll find some lonely hair clips living at the back of the bathroom cupboard too.


Photo by Zeitgeist Photography

2. Dump expired products

Once you have everything on the floor, the next step is to throw out any expired products. In almost every bathroom there are products that have expired (sometimes ones that are decades old) that need to be thrown away. Grab your rubbish bag and you’ll be surprised how many items end up in it.

Remember that you put these products on your skin, hair and nails, and you don’t want to absorb out-of-date chemicals into your body. If you can’t remember when you purchased it, the chances are it’s time to discard.

This is also a good time to dispose of products that you keep thinking you’re going to use, but probably never will. Orange nail polish? Out. Purple eye shadow? Out. Self-waxing kits? Unless you’ve used them in the last six months, say bye bye.


Photo by Capital Closets

3. Categories and containers

My key organisational advice for bathroom cupboards is to use storage baskets inside the cupboards or drawers, so that you both contain categories and are able to access items quickly and easily. The following categories are common to almost every bathroom I’ve ever helped declutter and organise:

  • Make-up
  • Hair products
  • Sunscreen
  • Tanning sprays and lotions
  • Moisturiser
  • Basic first aid
  • Sanitary products
  • Shaving
  • Nail polish
  • Eye care
  • Medications
  • Perfumes

I suggest using baskets with handles to make accessing things at the back of the cupboard easier. This way you don’t have dead space at the back where products fall out of sight and out of mind. Use either a black marker or label maker to label the containers, so you can quickly and easily see what is there. You can then put things away quickly, without having to pull each basket out first.

One added advantage of having products stored like-with-like is that when you want to paint your nails, for example, instead of rummaging through a drawer trying to find the polish, file and top coat you can quickly and easily grab the basket where everything is kept.


Photo by MasterBrand Cabinets, Inc.

If you have a large make-up collection, it’s even more helpful to further categorise the contents into different types of products. You might like to have smaller containers, keeping lip colours, eye products, foundations and blushes separate. This will also help you know what products you have, and will save you money. When you run out of one eye liner, you can quickly and easily find another one that you already own instead of buying a replacement.


Photo by Dettling-Architekten

4. Use it

Now that you know what you have, a useful tip is to use the products you already own rather than buying new products. Use the sunscreen you have before you buy any extra. Finish the hand cream you have before you trying a new product. Rediscover lipstick colours you forgot you owned. Your wallet will thank you for it.

You may also rediscover forgotten products that inspire you; think massage oil, a pedicure set, bubble bath or hair treatments. Take some time out one night to pamper yourself a little bit… it can be your reward for doing a great job of decluttering your bathroom cupboards.

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20 April 2018
By portermathewsblog


via popsugar.com.au

7992823943c6fa91_IMG_8843
Image Source: Woods & Warner

Sleep is important. Like, really important. It contributes to your physical and mental health, happiness and all-round well-being. Step one of getting it right, is creating a space that relaxes and lulls you to sleep, rather than triggering or reminding you of all your to-dos and stresses.

Before you figure out what should be in your snooze palace (yep, that’s what we’re calling it now), it’s good to know what should definitely not be making an appearance behind the palace doors. So we asked interior designers, a lighting scientist and a sleep brand founder (who knows a thing of two about getting a good night’s sleep) to lend their expertise. Heed their advice and nights of perfect rest are all yours. And yes, you will totally feel like a princess. Princess Snooze.

1. Pets

Research shows that 30 percent of pet owners who share their beds report waking up at least once a night because of their furry loved ones. If you want a night of wondrous, uninterrupted sleep, the pooch has to sleep in his own room.

2. Food

“Avoid eating in your bedroom as it sends the wrong signals to your brain,” says Shea Morrison, co-founder of The Goodnight Co.

3. Any work

“Leave your work out of the bedroom, lying in bed processing your work will more likely make you nervous or agitated, or fill your mind with things you’ll need to do in the morning rather than letting you wind down,” says Shea, and interior designer Melita Mayvn of Mayvn Interiors agrees. “Don’t have your office in your bedroom,” she says, “Your bedroom is your sanctuary, not a working space.”

4. Phones and all other electronic devices

After significant research, we now know that staring at the blue and white light emitted from digital screens prevents your brain from releasing the melatonin, which is exactly what you need to for your body to feel sleepy. Without it it’s hard to fall, and stay, asleep. Plus, receiving notifications can be disruptive (especially if you don’t keep your phone on silent).

5. Blue and white light

Other than the sleep-zapping blue and white light that comes from our screens, eliminate all cool white and blue light. “Shades of white light have different impacts on our circadian rhythms,” says Dr Luc Schlangen, scientist and Philips lighting research expert. “Exposure to cool, blue white light suppresses melatonin, and hence makes us feel more alert and awake. That’s why offices, gyms and operating theatres use this shade of white light, whereas exposure to warm yellowish white light increases melatonin levels, and is used in places of relaxation like our living rooms and bedrooms, and also bars, restaurants, and hotels.” Ensure the light bulbs in your bedroom are warm, soft and ideally, adjustable. Try out a Smart Bulb like Philips Hue, $29.88.

6. Bold feature walls

Interior designers Sonia Warner and Jacinta Woods of Woods & Warner say the single painted feature wall is a thing of the past (that they hope never comes back). “Be brave and paint or wallpaper the whole room . . . it will feel more connected and sophisticated.” Not to mention more relaxing, which is exactly why Melita says to steer clear of red, orange or hot pink in the bedroom, “Your bedroom should be soothing and relaxing rather than vibrant and busy.”

7. Oversized furniture

Over crowding your sleep space is a sure way to make yourself restless. Melita warns against furniture that’s too big for your space, “This will make your bedroom feel smaller and cramped.” While Sarah Cichy, director of Piccolo PR says over accessorising or mixing too many patterns will also make things feel cramped. “It’s hard to relax with too much clutter, so keep things open. Select a signature piece and then use a mix of quieter neutrals for the remaining furniture so that the space feels light and open.”

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16 April 2018
By portermathewsblog


Hayden Groves via therealestateconversation.com.au

The REIWA has come out in support of the WA state government’s plans to improve housing affordability by increasing housing diversity and density.

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The Real Estate Institute of Western Australia supports a State Government plan to improve housing diversity and density to boost housing affordability.

REIWA President Hayden Groves said housing affordability remains one of the more challenging issues affecting West Australians.

“REIWA believes that access to secure and appropriate housing is essential to the success of communities and the prosperity of our state.

“REIWA is committed to ensuring everyone wins in property and will work alongside the WA Government to ensure the Affordable Housing Action Plan makes a positive impact to the lives of West Australians,” Mr Groves said.

Minister for Housing; Veterans Issues; Youth, Peter Tinley outlined the strategic plan this week, which promotes a ‘connected city’ by ensuring the needs of our diverse population are met.

“REIWA would like to congratulate Minister Tinley and the WA Government on this initiative that will promote a connected, sustainable and accessible property market into the future,” Mr Groves said.

The McGowan Government aims to deliver affordable homes as part of its METRONET vision and is currently developing its Affordable Housing Action Plan for release in mid-2018.

REIWA will work alongside the Government during the development of the action plan which focuses on:

  • Connection between people, place and home;
  • Real and enduring affordability for those on low-to-moderate incomes;
  • Earlier and more connected housing and support services;
  • Creation of diverse precincts that will include options for low-income earners; and,
  • Diversity of options to meet diversity of need.

REIWA sits on the METRONET industry board and will work closely to advocate the delivery of affordable housing stock and the creation of METROHUBS.

REIWA will continue to actively support Government in ensuring all Western Australian’s have access to affordable housing through collaboration with the private sector.

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13 April 2018
By portermathewsblog


via popsugar.com.au

The Best Home Decor For Small Spaces

There’s an art to living thoughtfully in cramped quarters, but there’s a science to choosing pieces that will make the most of your square footage. These decorative essentials seem to pop up in the most stylish small spaces again and again. So tell us, are these space-saving pieces in your home?

Source: A Beautiful Mess

Nesting Tables

Nesting TablesImage Source: Decor Fix

Three tables for the space of one? That’s the beauty of nesting tables. Fan them out when you need more surface area, move them around if you have guests, then tuck them in when you’re done.

Bonus tip: choose an acrylic option, like the set Decor Fix blogger Heather Freeman has to take up less visual space!


Poufs

Poufs
Image Source: House*Tweaking

If you’re a pouf pessimist, you’re underestimating their versatility. Set snacks out on your coffee table, and watch your friends flock to the poufs for prime seating. Position one in front of a chair, and you have an instant lounger. Place one next to your sofa, set a tray on top, and admire your new side table. Best of all, they can be stacked or stored under your coffee table when you aren’t using them.

Floating Shelves

Floating Shelves
Image Source: Little Green Notebook

Floating shelves are ideal for adding more storage than your floor plan allows for. This cramped bedroom didn’t have room for a nightstand, but Jenny Komenda from Little Green Notebook created a smart floating-shelf alternative.

 

Large Mirrors

Large MirrorsImage Source: Love Grows Wild

If you can’t knock down walls, add mirrors. They have the power to reflect light and visually expand a room, so it looks much larger than it actually is.

Pro tip: try styling a large mirror (like the one in Jillian Harris’s home) by layering it behind another piece of furniture.

Hanging Storage

Hanging Storage
Image Source: SF Girl by Bay

You may not have a walk-in closet, but even an unused nook or corner can serve as an impromptu closet if you hang a DIY copper-pipe rack.

 

Baskets

BasketsImage Source: A Beautiful Mess

Whether you choose larger lidded options to slide under a console table or line shelves with smaller versions, baskets are essential for organising clutter.

 

Rolling Carts

Rolling CartsImage Source: A Beautiful Mess

There are a myriad of ways to utilise a rolling cart. It can be used as everything from a bar cart (or better yet, coffee station!) to a nightstand. Wheels make it easier to move to different spots . . . like the living room, if you’re entertaining.

 

Pretty Boxes

Pretty Boxes
Source: Manuel Rodriguez for One Kings Lane

The key to making any bookshelf look immaculately streamlined is to load it with beautiful boxes. It’s the perfect way to hoard anything from receipts to your washi tape collection without having your belongings look like a mess.

Under-the-Bed Storage

Under-the-Bed StorageImage Source: Tony Vu for One Kings Lane

A bed skirt and a plastic pull-out container is your ticket for storing seasonal clothes without anyone having to know. You have the space, so why not use it?

Hanging Coatracks

Hanging CoatracksImage Source: iStock

Sure, you could hang coats or hats from these racks, but there’s no need to stop there. Display a set of cabinet-hogging mugs in your kitchen, or organise necklaces in your bedroom. The possibilities are endless.

 

Stackable Storage

Stackable StorageImage Source: West Elm

If you’re short on counter space, think vertically. This stackable apothecary set is ideal for keeping bath and beauty supplies within reach.

 

Slim Hangers

Slim HangersSource: Justin Coit for Domaine Home

Former-reality-star-turned-fashion-designer Whitney Port uses these slim hangers to pack in as many clothes as possible in her cute closet space.

 

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09 April 2018
By portermathewsblog


Author: REIWA President Hayden Groves via reiwa.com.au

Although rent prices across the state have been on a downward trajectory for the last couple of years, the rate of decline has slowed with the median rent price holding steady at $350 per week since April last year.

The number of rental properties on the market has also improved, declining to approximately 8,500 listings metro wide, well down from the peak of 11,300 in 2016.

While Perth landlords don’t enjoy the dominance they experienced a few years ago, property investment is still a smart decision. And thankfully, interest rates on borrowings continue to sit at historically low levels, mitigating some of the short term financial discomfort resulting from lower rent prices.

Get your asking price right from the start

When pricing your property and preparing it for lease, it’s crucial you heed the advice of your REIWA property manager. Tenants are out there in good numbers, in fact, leasing activity reached an all-time high last year and remains at above-average levels in 2018.

Provided your rental property is marketed competitively, you have a very good chance of securing a tenant. However, if you choose to price your property higher than your agent’s recommendations, tenants are very likely to bypass your listing.

The first two weeks of listing your property for rent are the most crucial. Get your initial asking price wrong and you can end up chasing down the market, destined to end up with a weekly rent price below market value, plus you’ll bear the rent cost you missed out on when your property was vacant.

Forecast looks positive for landlords

Pleasingly for landlords, the Perth rental market has improved over the last six months and we are slowly seeing it transition into a more balanced market.

The Perth vacancy rate declined to 5.3 per cent in January – the lowest level since July 2015 and down from a peak of 7.2 per cent in June 2017. This sharp decline indicates that normalcy is returning and market parity, in terms of supply and demand, is not far away.

Despite these obvious improvements, REIWA’s forecast for 2018 cautions against expectations of rapid growth in rent prices over the coming year. Property owners are still advised to meet the market – you are better off with less rent per week than having a long vacancy period with no rental income at all.

It is also advisable to be flexible with the conditions you put on your rental. For example, not allowing tenants who own a pet to rent your property can deter people who would otherwise be interested. It’s in your best interest to consider tenants with pets on a case-by-case basis, secure in the knowledge the bond, pet bond and landlord insurance will be there to cover any pet-related damage.

For obligation free landlord assistance Sarah Morgan 9475 9622

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06 April 2018
By portermathewsblog


Best Home Decorating Apps
Image Source: POPSUGAR Photography / Julia Sperling

Home decorating is a hefty investment. Whether you’re renovating or rearranging a room, shopping for a new piece of statement furniture, or designing a new home, there’s always plenty of what ifs to consider. Where to put the lounge? Will it even fit? Ivory or eggshell? It’s a process that can make the best of us question our decision-making abilities.

Of course, like any educated 21st-century citizen would do to make life easier, you turn to apps. And of course, like any 21st-century dilemma, there are plenty of technological solutions for it. Below, we’ve found the five best apps to help you in whatever decorating rut you may find yourself in.

For Inspiration and Ideas

For Inspiration and Ideas

Try: Houzz Interior Design Ideas, Free on iOS and Google Play

Browse through countless photos for inspiration, use the sketch feature to bring your dream room to life, or find a local home professional to help you out with all your decorating needs. The app’s also got a nifty product section to make sourcing products easy.

For Colour Selection

For Colour Selection

Try: Color911, $5.99 on iOS

Whether you want to create a colour scheme for a room, or can’t decide what shade of turquoise will match your throw pillows, Color911 makes colour selection easy. Choose and download from more than 100 colour themes, or build your own custom palette library from photos.
For Collecting Measurements

For Collecting Measurements

Try: Photo Measures, $10.99 on iOS and $4.99 on Google Play

Love the look of a couch but aren’t quite sure if it’ll fit in the space you have? Photo Measures takes the guesswork out of this and allows you to snap photos of every room and draw measures on it. Record and save everything from your living room space to bookshelf width.

For Room Planning

For Room Planning

Try: Mark on Call, $4.49 on iOS

Who said floor plans were intimidating? Mark on Call is like having a personal interior designer at your fingertips, allowing you to map out each room to precision. Enter your room and furniture dimensions and you can rearrange pieces until your heart’s content, even with your skin or finish of choice.
For Real-Time Visualisation

For Real-Time Visualisation

Try: IKEA Catalogue, Free on iOS and Google Play

The app’s 3D and augmented reality feature allows you to visualise what pieces of furniture will look like in your home, meaning hassle- and worry-free shopping. You can even pull pieces directly out of current catalogues, or choose from iconic IKEA pieces in the library.

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26 March 2018
By portermathewsblog


via popsugar.com.au

Money-Saving Tips For Decorating Your First ApartmentImage Source: Studio McGee

Sure, graduation and your first job are huge steps towards adulthood, but what’s the true sign that you’ve officially made it? When you get the keys to your very own apartment. Moving into your first (or second) place is a big deal, but we all know it can come at a high price. It was a rude awakening the day we realised our Pinterest-fuelled dreams didn’t exactly fit our budget. But don’t give up hope! Having an apartment that’s chic and affordable is totally possible. The key is knowing the tricks and hacks that will help you save money without skimping on style. That way, you’ll save your money for what’s really important . . . the housewarming party.

1. Upgrading your wall art? Don’t spend a fortune

Image Source: Domino

Building up an art collection doesn’t have to be crazy expensive. If you can’t bare white walls, there are plenty of websites that specialise in affordable art.

2. Add Something Old


Image Source: Melanie Acevedo for Domino

Add character and save cash by buying your decor secondhand, a trick from former Bachelorette star Jillian Harris. Local thrift stores and flea markets are all full of fun and practical finds that won’t cost a fortune.

3. DIY When You Can

Image Source: Dana Miller / House*Tweaking

If you’re up to the challenge, take on a DIY project — the beautiful results might surprise you. This bar cart is actually an inexpensive Ikea kitchen cart that was repurposed with green paint, wood stain, a bottle opener, and a towel bar.

4. Think Long-Term, Not Just For Now

Image Source: POPSUGAR Photography / Adrian Busse

Since it is likely you’ll be moving around for the next few years, pick items that can travel with you. Avoid oversize furniture and be sure to invest in pieces you’ll love for years to come.

5. Master the Art of Paint

Image Source: POPSUGAR Photography / Adrian Busse

Even the grungiest flea market piece has potential to be beautiful. A fresh coat of bright paint can make all the difference and will help your space look dressed up, even though you’re on a budget.

6. Do Double-Duty


Image Source: Matthew Williams via LABLstudio

Short on space and money? Make sure the few pieces you do invest in can serve more than one purpose. This coffee table doubles as extra seating when guests come to visit.

7. Make the Mattress Your Splurge

Image Source: POPSUGAR Photography / Adrian Busse

Money is tight when you’re moving into a new place, but the one thing you should never skimp on with quality is your mattress. Not only will it get a lot of use, but going cheap can lead to back pain and health issues. Check out these tips for buying a quality mattress.

8. Raid the Garage

Image Source: POPSUGAR Photography / Lisette Mejia

If you have relatives nearby, get busy exploring the garage or attic for handy items you can commandeer for yourself. Things like silverware, old furniture, or art could make their way into your stylish studio.

9. Get Creative With Storage

Image Source: POPSUGAR Photography / Adrian Busse

Yes, your first apartment is probably pretty tiny, but use organisation to your advantage. While you can keep big items tucked away in a box under the bed or in your closet, keep jewellery, makeup, and other small collectables stored out in the open.

10. Buy Budget-Friendly Essentials

Image Source: POPSUGAR Photography / Adrian Busse

No adult should have to live with paper plates and sheets for curtains, but if you’re worried about all the little things adding up, there are ways to get what you need while staying on budget. Shopping for affordable apartment essentials means that you can squeeze everything you need into your budget.

 

 

 

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23 March 2018
By portermathewsblog


via popsugar.com.au

It’s no wonder the co-founder of Done & Done NYC, a professional organising, de-cluttering, and staging business, is just as organised in her personal life as her professional life. Abby Löfberg has the scoop on how Kate Pawlowski’s daily routine stays on track.

Image Source: ShopStyle Photography

Our co-founder Kate Pawlowski is 28 years old and the most high-functioning person I know. (Read her bio here) What’s great about her is that she gives advice that someone like me (who doesn’t “run a home” and is not naturally organized) can actually follow and implement.

I grilled her about her entire day, and gleaned a couple of great habits that she does unconsciously and without thinking. She says that these are so easy, they don’t feel overwhelming — they become ingrained into your habits, and you end up looking forward to the feeling of relief you get after such little effort, like brushing your teeth in the morning.

1. Morning

When she wakes up, Kate fills her kettle and turns it on. During the three minutes it takes to boil for her morning tea, she unloads the dishwasher, so she never has to keep dishes in the sink and just pops them straight in the dishwasher all day. Imagine never having to have a terrifying sink full of dirty dishes! (I actually do this too. It works!)

2. Showering

She keeps a magic eraser in her shower and wipes down the walls right after she shuts the water off to keep it clean and mildew-free. This prevents slime and grime from building up in the grout, and she never has to do a deep shower clean other than during her seasonable deep cleaning sprees.

3. Getting dressed

She is all about stylish basics that work for multiple purposes — especially with her underwear. When Kate buys her undies, she makes sure they match a few of her existing bras, so she can quickly pull out a pair and be in a matching set. When she takes off her clothes at night, her bra and undies go right into the mesh delicates bag she has hanging on her closet door, so they’re ready to pop in the wash once a week. (She actually has a bunch of these bags in different sizes and washes most of her clothes this way to take care of them). This way, she never runs out of underwear and has to do a last-minute wash while wearing granny panties.

4. Evening

She spends seven to 10 minutes every night tidying her desk, her coffee table, folding throw blankets, and starting the dishwasher so she can wake up fresh in the morning and get right to coffee and work.

5. Shopping

Living in an organised way is not just about where you put your things — it starts with what you let into your house in the first place. Kate is vigilant about her shopping habits — she does research on clothes and reads reviews before she buys them. She knows what cuts work for her and which materials she is most comfortable wearing. She also takes care of her clothes really well by washing everything on a delicate cold-cold cycle. This way, her clothes stay in top condition and she doesn’t have to buy as much. This is part of a philosophy we at Done & Done NYC call Owning Well — in other words, how to own less things that work perfectly for you is a more efficient and less expensive way to have an organised space.

 

 

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19 March 2018
By portermathewsblog


via domain.com.au

Getting your foot into the door isn’t cheap, but sometimes it’s where the money is spent that comes as a shock to first-home buyers.

It’s not over once the deposit has been saved and the winning offer made. Experts have identified five areas where hidden costs might be lurking, and how a buyer can avoiding paying more than they need to.

1. Pre-purchase research

Anna Porter, a property valuer and principal at strategic property investment company Suburbanite, said budgeting for pre-purchase inspections is important.

“There’s a whole range of reports you can get – you can spend $5000 just on due diligence,” she said.

 What could look like a minor issue may cost more in the long run.
 What could look like a minor issue may cost more in the long run.Photo: Erin Jonasson

Not doing the research can prove costly. Mortgage Choice CEO John Flavell said it was vital to conduct proper pest and building inspections.

“It is a small amount to pay for peace of mind and it can help you to avoid buying a property with structural faults or insect infestations,” he explained.

CM Lawyers head conveyancer Alex Sapounas said that trying to avoid buying quality building reports was also a common error.

“Unfortunately there’s no fallback position with major structural flaws.”

Strata reports were also very important, he said, particularly regarding special levies and changes to the standard bylaws.

 

2. Conveyancing fees

Some first-home buyers are surprised to discover they need to engage a conveyancer, or are alarmed by the price.

Rules around conveyancing vary from state to state, but Mr Sapounas said first-home buyers should be talking to a conveyancer at the start of the buying process.

Mr Sapounas said some buyers didn't even have the contracts reviewed prior to bidding at auction.
Mr Sapounas said some buyers didn’t even have the contracts reviewed prior to bidding at auction.

He said it was common to see first-home buyers making mistakes that could cost far more in the long run than the $1500 to $2000 conveyancing fee.

Many did not understand the difference between pre-approval and actual approval, how much of a deposit they need, and when they could pull out of the purchase of a property.

“A lot of first-home buyers don’t even have the contract reviewed prior to auction,” he said.

3. Government and bank fees

Mr Flavell identifies stamp duty, the property transfer fee, and mortgage registration fee as government costs new buyers need to know about.

When it comes to home loans there’s the loan application fee, ongoing bank fees and the lender’s property valuation to consider.

A slowing market might impact whether on not a buyer opts for LMI, or a 20 per cent deposit.
A slowing market might impact whether on not a buyer opts for LMI, or a 20 per cent deposit. Photo: Dominic Lorrimer

Another potential expense is Lender’s Mortgage Insurance – LMI – which protects the lender from losing money if the borrower defaults on their loan, and the sale of the property doesn’t cover the money owed.

Generally, it’s a condition of borrowing with less than a 20 per cent deposit, and the cost can be included in the loan amount.

Analysis from financial comparison site Canstar shows that first-time buyers who opt for a 10 per cent deposit and LMI as opposed to taking longer to save a 20 per cent deposit could also wind up paying more overall.

It depends on the growth in property values, with 3.83 per cent annual growth being the break-even point for a $500,000 purchase. If growth is slower, buyers could be better off saving the 20 per cent deposit, but if the market moves faster, LMI is outweighed by capital gains.

Capture

4. Moving in, and moving tenants in

Ms Porter said first-time investors often don’t plan for professional cleaning fees.

“When a vendor moves out, there’s not a requirement for how clean the apartment has to be,” she said.

If the property is left in a passable condition, but not clean enough to meet the standards of a rental property, it might require a professional cleaner, and a $500-plus outlay.

Dixon Advisory’s head of advice Nerida Cole explained there could be quite a big “gap in expectation” for new buyers, in terms of what they’re prepared to live with compared to what a tenant expects.

“If you want to have a good tenant, you want to make sure property is presented well.”

When a vendor moves out, there's not a requirement for how clean they need to leave the property.New homeowners may be left to foot the cleaning bill when the vendor moves out. Photo: Steven Siewert

She added that the early period can be a pressure point for investors who expect to receive rent straight away.

“There can be a bit of a delay in the cash flow coming in from the rent. Up front there’s the property manager costs, the campaign to get a tenant – but you are paying interest from day one.”

Owner-occupiers also need to manage expectations and expenses. “It might take you two years to furnish the house properly, rather than racing in and trying to make it look like a Vogue magazine.”

5. Landscaping and repairs

Ms Porter recommends keeping aside $4000 for $5000 as a maintenance slush-fund.

“You can buy a property and suddenly the hot water dies, or the airconditioning dies and you have to replace it,” she said.

Ms Cole said the cost of upkeep for a backyard can come as a surprise for buyers upgrading from an apartment.

“Plant trimmers, lawnmowers, it does add up. When you’re a new home buyer, you don’t have much cash up your sleeve.”

There can be some surprises in moving from an apartment to a free-standing house with a backyard.

There can be some surprises in moving from an apartment to a free-standing house with a backyard.

Landscaping can also be costly, especially for new builds. Ram Venkatagiri, from Financial Quotient, says that the price of structures like retaining walls can come as a shock to some buyers.

“Sometimes they cannot be determined by the builder at outset, until they perform site works after the building contract has been entered into,” he said.

He noted that blinds, curtains and security grilles aren’t always included in the price of a house and land package, adding thousands to the overall cost.

 

 

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12 March 2018
By portermathewsblog


via reiw.com.au

Perth’s vacancy rate has dropped to 5.3 per cent – the lowest since July 2015.

REIWA President Hayden Groves said Perth’s latest vacancy rate for January 2018 had improved significantly since June 2017.

“It’s quite remarkable to see it this low considering seven months earlier Perth’s vacancy rate soared to 7.3 per cent – the highest we have ever experienced, and now it’s back at levels last seen in 2015.

“The vacancy rate is a good indicator for how the entire rental market is tracking, with reiwa.com data for February showing stable rent prices and declining listing levels. Leasing activity did drop off in February, however levels are still healthy and trending above long term averages,” Mr Groves said.

The reiwa.com vacancy rate is compiled using data obtained from a monthly survey of REIWA members. The survey details how many rental properties members manage and how many of those are vacant.

Mr Groves said there were a number of factors that had contributed to lowering the vacancy rate, such as an increase in population growth and a reduction in average tenure time.

“Population growth in WA has started to improve. Rental markets always feel the effects of population trends, with new entrants into the state the first to soak up rental stock.

“Tenants are also moving more frequently. In 2014 for example, the average tenure time was 45 months, fast forward to 2017 and it’s now 34 months, which is almost a full year less. This has led to an increase in leasing activity which has driven demand for rentals and had a positive effect on the vacancy rate.

“Another contributing factor is the reduction in the number of new dwelling commencements across the Perth Metro area. This has played an important role in lowering the vacancy rate. With less new dwellings coming onto the market, existing rental stock is now being soaked up, which is why rental listings have declined 19 per cent over the last year.

“After a challenging few years for landlords and investors, it’s pleasing to see some parity return to the rental market, with tenants and landlords seeing benefits simultaneously,” Mr Groves said.

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09 March 2018
By portermathewsblog


via popsugar.com.au


Image Sources: Laura Metzler and Homepolish

The way Shannon Smith transforms a bare apartment into a cosy home might cause you to confuse her for a magician, or an interior design fairy godmother at the very least. The Homepolish interior designer can do wonders to a space no matter how tight the budget or small the square footage.

The secret to creating a stunning home, she says, is to focus on three things when decorating. “I am a firm believer that you don’t need a lot of stuff to make your space feel finished. If you consider these three things — texture, colour, and scale — you can make any space feel cosy.”

Keep reading to hear what Shannon has to say about approaching each.

  1. Texture: The More The Merrier


    Image Sources: Laura Metzler and Homepolish

    “Add texture with area rugs, drapery, vintage pieces, or natural fibers,” Shannon advises.

  2. Colour: Layer Three


    Image Sources: Laura Metzler and Homepolish

    “Layer colour in your space to add depth, even if it’s neutral,” she says. “I always try to choose three colours — a light colour, a dark colour, and something in between — and scatter them throughout the space.”

  3. Scale: Go Big, or Go Home

Image Sources: Laura Metzler and Homepolish

“Large art pieces, leaning floor mirrors, and big area rugs accentuate the height of the ceilings or the width of a room,” explains Shannon. “If you are worried about living in a small space, focus particularly on this tip as it will usually make your space feel larger.”

 

 

 

 

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26 February 2018
By portermathewsblog


We are proud to announce that we won 2 awards as the “AGENCY OF THE YEAR” in the RateMyAgent 2018 Agent of the Year Awards.  The awards, which are the largest real estate awards in Australia, recognise those agents and agencies that have ranked the highest based on customer reviews and feedback.

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RAVEEN LIYANAGE WON THE THE AWARD FOR THE “AGENCY OF THE YEAR FOR MADDINGTON”

 

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HASI KODAGODA WON THE THE AWARD FOR THE “AGENCY OF THE YEAR FOR BECKENHAM”

Nick

NICK MITCHELL WON THE THE AWARD FOR THE “AGENCY OF THE YEAR FOR FORRESTFIELD”

The RateMyAgent Agent of the Year Awards compare over 32,000 agents and agencies across the country.  They highlight the leading real estate agents and agencies in each suburb, city and state across Australia, and on a national level.

“The RateMyAgent Agent of the Year Awards are the only awards which use verified customer reviews and feedback, so they’re an honest gauge of the customer service an agent has provided,” said RateMyAgent CEO & Co-Founder, Mark Armstrong.  “These awards are the only industry awards to put sellers’ needs first, using customer reviews as a leading indicator of an agent’s success over 2017.”
Our team was also,

  • David Quadros – No 1 agent by recommendation in Ascot
  • David Quadros – No 3 agent by recommendation in Belmont.
  • Greg O – No 1 agent by recommendation in Belmont.

Click below to find out

View our  RateMyAgent profile here.

https://www.ratemyagent.com.au/real-estate-agency/porter-matthews-metro-ak795/sales/reviews

 

 

 

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