Whether you’re looking to sell for a change of lifestyle, or considering buying an investment property as part of your investment strategy, spring traditionally has been the time when more properties come to market. CoreLogic’s latest analysis shows an average uplift of 18.2% in fresh listings and 8.3% for sales over the past decade. But.
Using an investment property as a short-term rental, such as Airbnb, on the face of it may seem like a profitable option. However, a deeper dive into the operating costs suggests a short-term rental may not be quite as lucrative as first thought; as well as the general costs associated with ensuring the property is.
Insights from CoreLogic’s recent report, – which analyses housing market performance segmented by the number of bedrooms – highlights a growing trend among Australian renters; a shift towards properties with more bedrooms. Potentially reflecting a trend of share houses or multiple family households, the report reveals there is an 8.7% rise in rent for houses.
More people are renting than ever before, with around 33 per cent of the NSW population renting, an increase of 17.6 per cent since 2016. With the cost of living and tight rental market, the NSW Government is intending to introduce new legislation designed to enhance tenant rights and security. To help you make informed.
