Decorating the tree, buying the perfect presents, ensuring there is enough food in the house… there is a lot to do at this time of year! So, what should be on your property investment ‘to do’ list over the festive period? If you’ve got a manager like us, there’s not actually too much to do!.
The CoreLogic home value report shows while housing is taking a relative downfall, rental value growth actually remains high across Australia; the report suggest regional rents are up 25.5%., and indeed, we have seen rents increase over the past few months, although not by this much. What this means is, as rents continue to rise.
As a property manager, as well as finding quality and reliable tenants and securing the best possible rental return we are committed to ensuring your property is maintained to a high standard and is in good condition. Legally we are allowed to make up to four inspections in a 12-month period. Unless there are extenuating.
To ensure tenants are safe, secure and happy in their homes, legislation is periodically reviewed to see if any reforms need to be made. Around 33 % of people are renting in NSW; to see if any improvements can be made to two residential tenancy laws, the NSW Government is currently looking for feedback from.
With seven consecutive months of rate rises, many mortgage holders are probably reassessing their finances and may be looking to change their loan. This is by no means an easy task; according to one comparison website, there are 5400+ loans available. While having choices at your fingertips gives more opportunities, inputting your details, reading all.
As part of the 2022-23 Budget, the NSW Government announced that eligible first home buyers will have the choice of a smaller annual property payment (ongoing land tax) or a traditional upfront payment (stamp duty) for properties with a purchase price of up to $1.5 million. Legislation recently introduced to parliament proposed first home buyers.
You may have read the recent article in Daily Mail Australia outlining how a property investor who bought his first two-bedroom unit at the age of 18 after saving for the deposit on a $26,000-per-year McDonald’s salary has purchased an additional 12 homes in just six months. Eddie Dilleen, from Mt Druitt in western Sydney,.
In NSW landlords are responsible for ensuring their property meets the minimum requirements of having at least one working smoke alarm installed on every level. For shared houses, it is now law to have smoke alarms in every bedroom and fines will apply to owners of these types of buildings which aren’t compliant. What is.
There’s no hiding from the seemingly grim headlines at the moment; the Reserve Bank of Australia (RBA) raised its cash rate yet again this month to 25 basis points to 2.6%, and CoreLogic reported a further fall in housing values through the first month of spring, with the national Home Value Index (HVI) recording a.
With interest rates on the rise, many investment property owners may be looking at ways they can increase their rent. If improvements are made to a property, rent can be increased, so long as it’s fair and timely – read our blog about rent increases. The best time to renovate a property is when a.
