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!
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…
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…
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…
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…
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…
The idea of buying a holiday home somewhere sunny may sound like a great idea, but this doesn’t always translate to a wise property investment. Let’s go over eight important considerations you need to carefully weigh up when working out if you should buy a holiday home. 1. High letting and marketing costs Remember, this is…
Don’t fall into the trap of the following common mistakes made by inexperienced investors looking to snap up an interstate property: 1. Buying off the plan There are too many of these properties coming on to the market in our CBD’s, which means there is no ‘scarcity’ value and no supply pressure to underpin price…
In today’s tough market of low rents, it’s more important than ever to get the biggest bang for buck and maximise the return of your assets. Here’s a list of 10 ways to hopefully stack the odds in your favour! 1. Minor facelift Rents need to increase to keep up with inflation. If your rent…
If you’re considering a regional property for your next investment, here are some reasons to mull over first which may sway you towards sticking within the city limits. 1. Recency bias towards downside risk Throughout history the greatest oversight of investors has been to assume that what has happened over recent times will continue to…
