As we come to the end of 2020, we’d like to say thank you to everyone for all your support during what has been an extraordinary year.

We’re very grateful for your understanding as we worked through the implications of the new tenancy laws, and also for everyone’s patience as we implemented the safety guidelines when it came to viewings and inspections.

By working together, we have ensured everyone was protected and kept safe in those challenging times.

The good news is we now have a bit more normality in our lives, and the outlook for 2021 is looking positive; we’re seeing record rental prices for most areas in Newcastle and the surrounding areas, and we have very low vacancy rates.

No doubt your schedules are busier than ever preparing for Christmas, but this time of year is also a good time to think about what you’d like to do in 2021 and beyond.

We’re very excited about 2021 and what it potentially has to offer; the reserve bank has announced it won’t be changing the record-low cash rate of 0.1 %, and it is expected to keep rates low for the next year or so.

With interest rates at a record low, the economy picking up and more people looking to leave the city for regional areas, we believe now really is a good time to buy an investment property in Newcastle.

Why not take a bit of time out in the Christmas break to review your finances; although you may think you haven’t enough equity in your own home, or you may think your deposit is too small to invest in property, talk to a financial specialist who can do some number crunching for you – you’ll be surprised with what they come up with.

It’s also a good time to review your investment portfolio and we’re always keen to take a look at how we can maximise the value of your property and increase rental income.

If you want to know more about what makes for a good investment property, or would like to know more about our services, we’re open throughout most of the Christmas break.

Wishing you a safe and happy Christmas and a prosperous 2021.

We’ve helped people live their financial dreams through property so simply give us a ring on
02 4956 9777, send us an email to mail@newcastlepropertymanagement.com.au or pop into our Cardiff office for a chat.

For more property management tips check out our Facebook page.