NEW LOW FOR VACANCY RATES
September 25, 2023
It became even harder to rent a property in August, with the national vacancy rate falling to a new low of just 1.1 per cent, after recording its largest drop in more than a year. According to the latest PropTrack Market Insight report, the national vacancy rate fell 0.14 per cent last month and the …more »
TENANTS DESERVE BETTER
September 25, 2023
It is inconceivable that people needing or wanting to be renters might be putting up with unpleasant and even unsafe living conditions in order to have a roof over their heads, but this is what a recent survey revealed. Financial comparison site, Finder, found that three in five renters, 59 per cent, had overlooked an …more »
BUYING A TENANTED PROPERTY
September 25, 2023
Have you purchased an investment property with existing tenants? Property investors are sometimes unsure or even unaware of the implications in this scenario. While the exact circumstances, as well as the relevant rules and laws in your state or territory, can influence how the process works and your obligations as the new owner, generally, if …more »
ALL IN THE NUMBERS
August 2, 2023
If you are a mathematician, numerologist or statistician, you most likely love numbers, and if you are a prodigitalian, you’ll always be counting things. One: The number of websites that existed in 1991. One thousand: It takes counting to 1000 to find a number with the letter ‘a’ in it. One million: How many dwellings …more »
ART AND APARTMENTS TAKING THE LEAD
August 2, 2023
A couple of interesting stories came to light this month. Two stories: one has art not real estate as the leading luxury investment; the other sees apartments at the top of the investor list. Firstly, when Knight Frank published its Luxury Investment Index (KLFII) at the end of the first half of this year, art …more »
TEMPTING TENANTS
August 2, 2023
What would you be prepared to do to lure tenants? While this seems a bit of an unlikely scenario in these times of almost ‘as low as they can go’ vacancy rates, there are reports about landlords and developers offering incentives in a bid to secure long term leases. Reasons offered to explain this behaviour, …more »
Revisit your investment strategy
July 20, 2023
With half the year still to go, buying another investment property may be part of your strategy for 2023. Your focus will be on strong capital growth areas with high rental demand, and especially taking into account that immigration is opening up in Australia. With vacancy rates at an all-time low around the country, you …more »
Styling your investment property
July 20, 2023
More often than not, styling is associated with selling your home, but that home may be an investment property – or indeed you might be styling it to attract tenants not buyers. Taking the time and effort to style your property is worth the investment because you will make it stand out. Try these for …more »