Welcome to our blog. Here we will keep you up to date with what's happening in the Australian Rental Market, with a special focus on the Perth Metro Area, as well as tips relating to investing in property and property management. Enjoy!
It’s no surprise many property investors, at some stage in their lives, have considered becoming selling agents.Probably because much of their time is spent searching for properties, inspecting them, imagining how they would improve them and how much equity they could make in 20 years’ time. With all this time invested, they might as well…
Avoid these investment property mistakes to ensure your success with investment property. Many new property investors feel overwhelmed when it comes to finding a suitable property, with all the advice thrown around. Many fear making a mistake and unfortunately some of these can be costly! Here’s our list of five big mistakes you can avoid…
The latest figures released by rent.com.au show how the Australian rental market is performing across our capital cities here in Australia, so let’s take a look! Highlights: Demand increases for Perth rental properties with the velocity of properties turning over quickly and prices beginning to stabilise and, in the case of apartments, starting to rise…
Many investors believe that shifting the management of their property to a new agency is either complicated, expensive or just plain hard (all excuses of which some agencies are happy for you to think!). When you feel you aren’t getting the service you require from your property manager, switching to a new team will often…
Many professional property developers use a strategy called “land banking” to stack the odds in their favour, so let’s take a look at what’s involved. How it works Land banking is simply the process of securing future property development sites today, at the current price. Many large property development companies buy Greenfield sites, farms or…
So why the collapse? Dwindling workforces, coupled with the comparative decrease in the demand for accommodation are the key reasons behind the price drops in Karratha and cities such as Perth and Darwin. So why won’t other major cities suffer similar price drops? Simple; the major city markets are driven by different dynamics which pre-date…
This week Landgate have released the latest EAS2 (Electronic Advice of Sale) Request figures, which show the number of requests received on a month by monthly basis. If we focus specifically on the figures for the last three years (pictured), you can see that we are well below where the market was sitting in March 2014 and…
Whether it’s moving out of the family home or kick-starting a property investment career, here’s some of the obstacles that may leave Gen Y’s in the starting block. 1. Poor spending habits and poor credit – spending money that isn’t yours on stuff you don’t need. Credit card defaults can result in a black mark against your personal credit…
There comes a time in most people’s lives where you decide to make the big move away from your parent’s and into a place of your own. There are a few things to consider in order to make the move a successful one. Can you afford it? Ensure you are financially independent and ready to…
You could be missing out on thousands of dollars if you don’t understand your entitlements when it comes to claiming for renovations to your investment properties. Another blunder is if you don’t use a qualified quantity surveyor to prepare a tax depreciation schedule. Take our crash course below and you’ll be up to speed in…
For those thinking about renting out their property and cutting out the middleman (the Property Manager) in order to ‘save’ some money, here are five risks which should be considered: Risk 1 – Not being full bottle on the full legal implications of being a landlord A landlord who doesn’t keep up-to-date with the complex…
There are a few reasons people procrastinate when it comes to investing in property. Yes it may be scary, but delays can end up costing you. 1. Fear Of Failure It is human nature to have a fear of the unknown, and for many people, investment is an unknown quantity. Many people are afraid of…
