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!
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…
You’ve no doubt heard that the bulk of your property’s value lies in its land and therefore a house is a better investment than an apartment. Well, this is a very general statement so this doesn’t mean houses are always the best investment, or that apartments are not capable of delivering substantial profits. Let’s look…
When analysing your investment property options, it is important to review the strata levies to help decide the wisest investment over the long term. Why do body corporate fees exist in the first place? Wherever there is land subdivided into flats, apartments or units and they have common property (such as gardens, driveways, stairwells, foyers…
How to acquire that often-unattainable second investment property Only 25 percent of Australian property investors own more than one property in their portfolio, with the majority therefore stuck on the single property. So why do many investors struggle to get past their first property? Let’s take a look at some of the reasons why. Lack…
Renovations, when done correctly, can enhance the look and feel of the space, as well as add value, but it’s important to stick to the plan, particularly if you are planning on using the property as an investment. So here’s some of the most common blunders to avoid: 1. Overcapitalising Overcaptalisation occurs when the homeowner…
Have you ever wondered how some people get rich while others fall short? To get you onto the right track let’s bust the top four money myths. Myth 1 – Is it an investment or merely a gamble? Successful individuals tend to study the financials of any future investment; looking for strengths and weaknesses, as…
Housing Rents in most capital cities continue to rise (with Perth and Darwin bucking the trend), with falling vacancy rates indicating an ongoing shortage of rental properties — according to the March Domain.com.au Rental Report. Unit rents increased in Sydney, Melbourne, Brisbane, Hobart and Canberra over the March quarter, remaining at record levels despite the recent national apartment building…
So, the house you’re selling is vacant? Don’t despair! Here’s our top tips for making the sales process for your empty home a more straightforward one. CHECK YOUR HOME INSURANCE POLICY Dust off your home insurance documents and policy to see if your coverage changes when you no longer live in the property. Both your…
All our capital cities have increased their vacancy rates in December 2017, according to new data released by SQM Research, with the number of vacancies Australia-wide increasing to 80,092; an increase on the month of November. Hobart’s vacancy rate continues to remain at a record low of 0.3% since October 2017. Canberra and Adelaide’s vacancy…
As a property investor, unexpected repairs on your investment property can really hurt the hip pocket. Thinking ahead and planning for such repairs and maintenance can help reduce the financial heartache and stress associated with the dreaded call from your property manager that something needs fixing and it’s going to cost a small fortune. Owning…
Are Holiday Homes a Wise Investment? Have you just returned from a trip down south over the Christmas break and wondering if buying a holiday home would make a smart investment for 2018? Let’s take a look at the pros and cons! Pros: Unlimited Access – A big advantage is you can have unlimited access to…
