Brisbane house rents surged to a new record high of $480 a week following a 4.3 per cent increase over the quarter, or $20 according to Domain’s latest Rental Report. This is twice the pace of growth recorded in the prior quarter and is the largest increase in 15 years. Unit rents increased another $10…
Articles by Leanne Jopson
Leanne is National Director of Property Management at Metropole and a Property Professional in every sense of the word. With 20 years' experience in real estate, Leanne brings a wealth of knowledge and experience to maximise returns and minimise stress for their clients. Visit: Metropole Property Management
Melbourne house rents jumped by $15 (3.5 per cent) over the quarter to a new record high of $445 a week according to Domain’s latest Rental Report. This is the first quarterly increase since September 2020. Despite the rise, Melbourne remains Australia’s most affordable capital city to rent a house, recording the weakest annual growth…
Sydney house rents jumped $20 over the quarter to hit a new record high of $600 a week according to Domain’s latest Rental Report. This is the steepest annual increase in house rents since 2009, at 9.1 per cent or $50. Domain reports that Sydney unit rents have increased by $5 over the quarter to…
Rents are finally on the up and breaking records! Domain’s quarterly Rent Report shows that house and unit rents have risen across the combined Australian capital cities over the last quarter (October – December 2021). House rents have recouped all of the COVID-19 price dip to hit a new record high, resulting in a record…
While many investors spend a large amount of time and effort carefully researching the property markets and then finding the top investment, they ignore the role that a professional property manager can play in preserving their property’s capital value and maximising its income. With our property markets growing strongly and no shortage of tenants,…
Choosing the right investment property is only part of the equation when you’re trying to build your wealth. Managing that property is the flip side of that coin and it really is a whole other ball game. As a landlord, you will need to keep up-to-date on maintenance, financials and the real estate market in…
The job of being a tenant should be simple, but as with all things that involve human beings, it often isn’t. If every tenant knew these ten things, life would be a little happier for everyone. 1. Paying rent on time is very important This isn’t because landlords are greedy – it’s because landlords rely…
Making the leap from homeowner to property investor comes with a unique set of challenges and opportunities. While many landlords try to minimise their outlay and maximise their return – and understandably so – insurance is the one essential expense you simply can’t afford to scrimp on. It’s so important that you are adequately covered…
While our property markets have boomed over the last year with the strongest rebound in property values for decades, the rental property market has been more subdued. Domain’s recent Rental Market Report gives a great insight into what’s happening in our property markets around Australia. And there have been some significant changes across the country….
Nationally, the rental vacancy rate held steady in September, marking the fifth consecutive month vacancy rates have stayed at 1.7 per cent according to Domain’s latest rental vacancy report. This consistency is uncharted territory for the rental market, proving to be the longest period of stability tenants have had since the vacancy rate series began…