Rental Market Report – August 2023
The rental market is still a little “hot and cold” (we are all about the weather at the moment) in our area with the days on market for some properties stretching out more than we would like and others leasing very quickly. As a property owner, you might be forgiven for thinking we are sending…
Style your Property for Sale
Whether your property is a cozy apartment or large family home, knowing the art of home styling to sell is essential to capturing potential buyer interest and securing a successful sale. In our experience staging or styling your property for sale can make a remarkable difference and add an estimated 5 to 10 per cent…
Fairlight Review
June and July 2023 The Fairlight and Sydney property sale market is showing remarkable resilience to increasing interest rates and faltering economic data. The full effect of the expiry of a large quantity of fixed rate loans to new higher variable rates has not yet materialised with many questioning if in fact it will….
Around Rightside – July 2023
Kim’s Cool Adventures in Airlie Beach In July, Kim embarked on a delightful family trip, accompanied by her father, husband and best friend, to visit her son Nathan, who has made his home in the beautiful Airlie Beach. As we imagined her basking in the sunshine and reveling in the warmth that Queensland is famous…
Rent Payments in Current Climate
Have you seen a rent payment missed? It may be an emerging trend… This may feel a little obvious given the current economic climate, but in this instance, we are talking about those who would not normally fall into “arrears” and do not have a history of this type of behaviour. With the cost of…
Professional Property Management v Self Managing
Investing in real estate can be a highly profitable venture, offering a consistent flow of passive income and the potential for long-term appreciation. However, effective property ownership goes beyond the initial purchase; it necessitates adept management to maximise its returns. When it comes to handling your investment property, there are two primary options: self-management or…
Property Market Update June 2023
Interesting Changes in the Mix! Some interesting statistics are starting to emerge in the sale market between the mix of investor listings and those of home-owner occupiers. A number of areas, including 4 or 5 in Sydney, are indicating that the share of investor owned “new listings” to the market has increased by as much…
Tax Depreciation for Landlords
As a landlord, you know that managing income-producing properties comes with its fair share of financial considerations. However, did you know that you can benefit from tax depreciation schedules? In fact, after mortgage interest expense, tax depreciation is often the second-largest deduction available to landlords. So what is a tax depreciation schedule? A tax depreciation…
Property Market Update May 2023
Recent momentum in the property market does not seem to be just “a dead cat bounce” with many indicators starting to trend upward in a more sustained way. The talk of increased migration numbers, an under resourced market for new buildings and a general lack of property listed for sale, will be helping to drive…