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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!

20th November, 2018

Perth rent market: leasing stats, rent prices & the vacancy rate…

Reiwa has released the latest Perth rent market statistics and it’s positive news for both Perth overall, and the local south eastern suburbs! The statistics shed light on the total properties leased, for rent, as well as the weekly rent prices between 2017-2018. Key takeaways: Stable weekly rent prices recorded between 2017/18 0.3% annual…

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6 days ago

Happy birthday Colleen! Even though you’re at home with the flu, we’re sending you lots of birthday love from the whole office, plus two birthday cakes (missing) 🎉🙊🎂🍰 ... See MoreSee Less

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2 months ago

PERTH LANDLORDS

Is it time to break up with your property manager? How do you know if you have a perfect match or a heart breaker?

Here are five key signs that you have a rocky relationship on your hands. Look for these red flags to raise your alarm bells...

www.weloverentals.com.au/five-reasons-break-property-manager/ ... See MoreSee Less

FIVE Reasons You Should Break Up With Your Property Manager | We Love Rentals

weloverentals.com.au

Is it time to break up with your Property Manager? Here are five tell tale signs that you're not feeling the love and how you can start the process, asap!

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2 months ago

It's less than you think!

In fact, most investors only need to own $2 million worth of property today (say five affordable $400,000 homes) to retire early or achieve financial freedom over a period of 15 years.

How does it work?

The goal after 15 years is to achieve an annual income of $100,000 from a portfolio that is conservatively growing in value by six per cent per annum. So, in 15 years’ time the portfolio would be worth $4.793 million, which means a net worth of $2.793 million that is providing four per cent cash flow of about $9,300 per month.

There are variable factors that can increase or lower the income and worth of a property portfolio, but this is just one example of a conservative and achievable strategy.

>>> If you'd like to know more about how you can make the best rent return on your investment properties, contact Sarah Leahy today on (08) 6254 6300. ... See MoreSee Less

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2 months ago

Are you the proud owner of a new investment property?

One of the most important things to do once you've purchased your property is to sort your landlord insurance.

But Landlord Insurance can be tricky to navigate, especially if you're not sure what to look out for. Often the wording between policies can mean the difference between a smooth claims process, or an expensive headache.

To help protect yourself and your brand new asset from financial stress, speak with your insurer and check that your Landlord Insurance Policy covers these five common claims:

1. Loss of rental income; this comprises more than half of all landlord insurance claims!

2. Malicious and accidental damage; this can range from claims for specific repairs to clean-ups.

3. Water damage: this involved damage to the property from leaky appliances or faulty plumbing. Be careful, as not all premiums cover tenant-related water damage.

4. Storm damage; this can be an extremely costly oversight, depending on how prone your area is to storm or weather related disasters.

5. Tenant death: this is a surprisingly common issue that many landlords encounter. Be sure to check your responsibilities as a landlord should this sad event occur (e.g. organising tenant belongings, speaking with the Police etc), and whether you will be covered for the loss of rent.

Thinking of renting out your home? We'd love to help you get the best return on your investment. Call Sarah Leahy today on (08) 6254 6300 ^_^ ... See MoreSee Less

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2 months ago

WA is predicted to have the strongest rental growth in the country (3.1%), according to the latest NAB Residential Property Survey!

Over 3,000 property professionals participated in the survey for quarter four (Q4).

The outlook for rents are positive in all states (bar NSW) suggesting yields should trend higher.

"Property professionals in QLD lead the way for rental expectations (2.0% vs. 1.6% forecast previously), closely followed by WA (1.9% vs.0.8% forecast previously) which has also reportedly seen a drop in vacancies."

Read on below 👇

nakedrealestate.com.au/blog/wa-expected-to-lead-the-country-for-house-price-growth-in-nab-residen... ... See MoreSee Less

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2 months ago

Why do we love to housesit? Well, imagine hanging out solo in a nice hotel room—but better. As a housesitter, you have more space, more freedom and zero money coming out of your checking account. Talk about a serious win!

Still, this isn’t vacation. Housesitting is work, even if it feels like you’re living the high life from time to time. When a friend, family member or client asks you to care for their home, they’re trusting you with their biggest investment. It’s up to you to get it right.

Want to wow your host (and get all the information you need to be a good housesitter)? Here are all the housesitting questions you need to ask before your gig begins... ... See MoreSee Less

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2 months ago

It is a fact that Property Managers all LOVE chocolate 😄 we just received a whole lot of thank you treats from some of our wonderful owners 💕 thank you Andrea & Shaun and Katheryn & Chris, you’re all too thoughtful 🍫 and if anyone is stopping by our office soon, come and help us eat it please 😂 ... See MoreSee Less

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2 months ago

#landlordlessons

Our thoughts go out to these self-managing landlords. Fingers crossed that they had landlord insurance 🤞...

If you're a self-managing landlord, make sure you have a policy in place that covers "malicious damage," and includes "unapproved renovations."

This should protect you in the off chance that your tenants decide to move your kitchen outside, or take it with them when they leave 😅 ... See MoreSee Less

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2 months ago

Not all debt is created equal.

Good debt makes you money – such as a mortgage on an investment property. You’re using other people’s money to create wealth through capital growth.

Bad debt costs you money. Bad debt includes a personal loan for a new car or, worse still, using your credit card to pay for an overseas holiday that you can’t really afford in the first place.

One of the hurdles that many would-be property owners face is reducing their existing debt to become more attractive to lenders.

Read below for four simple strategies to get out of debt…👇

www.weloverentals.com.au/four-steps-clear-debt/ ... See MoreSee Less

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2 months ago

🔥 Domain Rental Report 🔥

"Perth house rents recorded the strongest growth in the nation during the December quarter."

Perth currently presents a stronger investment opportunity with regards to capital gains in comparison to Sydney and Melbourne, and is predicted to lure interstate and overseas investors.

“Investors will find Perth a more attractive option as they seek better yields and growth prospects, particularly given falling property prices in the east coast.”

The resource sector is also believed to be a key driver behind improved asking rent prices:

“The latest Bureau of Statistics data shows there were 1,352,100 people with jobs in WA in the November quarter – a net increase of around 20,000 jobs on the same period in 2017,” he said.

“WA’s mining sector is driving employment growth with the sector employing 111,800 workers in the November quarter, up from 87,800 in the comparative period in 2017.

“On a city-wide basis, tenants will have less bargaining power in 2019.”

Have a read below for the full report 👇 ... See MoreSee Less

Perth rental prices are rising faster than Sydney and Melbourne

domain.com.au

Househunters have been spoiled for choice but could be about to face more competition as the resources sector starts to improve.

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Perth rent market: leasing stats, rent prices & the vacancy rate…

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