There’s always on ongoing debate between property and shares as to which is the best investment. Each has its advantages and drawbacks, and the right choice depends on various factors including personal preferences, risk tolerance, investment goals, and market conditions. As with any investment decision, conducting thorough research and seeking advice from specialists in that.
While it is still very much a landlord’s market, understanding the needs and desires of your potential tenants is crucial for successful property investment. Everyone does need somewhere to live, but there are certain things a tenant will look for which will make a property more desirable than another. Having been in the sector for.
Property is still a popular option to invest in according to the latest Australian Bureau of Statistics (ABS) lending figures. Its latest figures show investor lending was up 35.4% in July to $11.7 billion, closing in on a record high of $11.8 billion reached in January 2022. At the same time, property data specialists CoreLogic.
We are absolutely delighted Kellie Andriessen, our Property Management Team Manager, has received the prestigious Tim Anderson OAM Residential Property Manager award in the REINSW (Real Estate Institute NSW) Awards for Excellence. This award is for outstanding achievement by individuals in residential property management. Recognising exceptional industry achievement, these highly regarded industry awards are the.
Whether you’re buying a strata-titled property for a home, or for investment purposes, they are often an attractive option; generally, they are less expensive than similar sized freehold properties, are often low-maintenance and some communities have some great shared amenities including swimming pools and gyms. Many enjoy these benefits; indeed, according to the Australasian Strata.
Last year, the ATOs announced it was investigating landlords through its data-matching program for the 2021-22 to 2025-26 financial years. In a recent notice to tax professionals, the ATO said the property management data matching protocol has recently been extended; software providers are now required to give details of rent and expenses for residential rental.
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.
