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!
We choose to rent or own homes in particular suburbs because it’s close to where we work, it may have an exciting entertainment scene, or perhaps it’s in the right school zone for our children. But does that mean that you should invest in your own backyard, too? Make a distinction between where you live…
While property investment is an excellent vehicle for growing lasting wealth, occasionally it’s the wrong fit for certain people and their expectations. You shouldn’t buy an investment property if: 1. You’re buying a property to pay less tax Many naive investors think negative gearing is an investment strategy. Their accountant tells them they need to…
With an uncertain environment for investors, there are two property sub-markets that are particularly vulnerable in fluctuating environments. Let’s have a look at these ‘worst markets’ and why they pose a risk to investors. Off-The-Plan Apartments While buying off-the-plan isn’t inherently bad in every circumstance, the risks are often much higher, for several reasons. Firstly,…
When taking on a residential tenancy, typically the owner requires the tenant to pay a security bond upfront which equates to about four weeks’ rent. The purpose of the bond is to provide the owner with an opportunity to mitigate any losses, should they be incurred by the tenant. These losses may include damage to…
In the first half of 2017, Australians reported losing over $13m to investment scams, according to the ACCC’s Scamwatch website. The Australian Competition and Consumer Commission (ACCC) is warning the public to watch out for investment scammers who promise great returns but “leave their victims with broken dreams and empty bank accounts.” This makes investment…
If every tenant knew these ten things, life would be a little happier for everyone (especially the landlord!). It is super important to pay your rent on time This isn’t because landlords are greedy – it’s because landlords rely on that rental return for their cash flow to pay the mortgage, the expenses and make…
Whatever the reason, you may be faced with the decision to move away from your family home. Should you sell or should you retain the property and rent it out? Everyone’s circumstances are different, so there is no one-size-fits-all answer to this question, however here is a list of 10 key considerations to help you…
For a small yearly fee, professional property management can save you valuable time, money and headaches, making your investment journey a lot smoother, so finding the perfect property manager is something not to be rushed. In addition, the property management fee is fully tax deductible, so the argument that you can save a few dollars…
There are a lot of things to consider and manage when making the decision to purchase an investment property. Follow our checklist when purchasing your first or next investment property and watch your wealth grow. Set long-term goals Understand why you’re planning to buy that property. Why are you investing – what size portfolio are…
The Treasury Laws Amendment (Housing Tax Integrity) Bill 2017 was introduced into parliament on September 7, 2017 and included legislation changes which will negatively affect residential property investors across Australia. Announced in the 2017 Federal Budget, the amendment denies tax deductions for the decline in value of ‘previously used’ or ‘second hand depreciating assets’ (plant…
The latest market snapshot reveals that rental markets were mostly flat across all our capital cities over the September quarter with most rents remaining at the levels recorded over the previous June quarter. However, monthly vacancy rates remain tight overall, despite recent high levels of new residential construction. In a nutshell: Perth rents still falling…
Commercial property professionals continue to be confident over the next two years and sentiment is improving, the NAB Commercial Property Survey for Q3 shows. The NAB Commercial Property Index rose 11 points to +16, with sentiment higher across the four surveyed sectors of Office, Retail, Industrial and CBD Hotels. Market sentiment remained strongest in NSW, which rose…
