Flash flooding and storms have ravaged Australia’s east coast over the past 12 months, and the Bureau of Meteorology (BoM) predicts we can expect the extreme wet weather to continue during the coming months as La Niña returns for what will be the third summer in a row. It’s worrying news for property owners. Because…
The rental markets across the country continue to be tight, with a high demand for rentals that surpasses the available supply. Consequently, there is an upward trend in weekly rents, and vacancy rates are declining. The pandemic has exacerbated this situation, with vacancy rates plummeting by 50%, highlighting the severity of the conditions in most…
Over the past few years, Australians have been experiencing extreme rental stress as rents continue to skyrocket, especially in major cities like Sydney and Melbourne, placing immense pressure on low to middle-income earners. Single-parent families, low-wage workers, and older Australians on fixed incomes are particularly vulnerable to this issue. As the cost of living rises,…
The rental market has undergone significant changes in recent years, and with a new year comes the question of what’s ahead for renters in 2023. Well, the latest data released by the Australian Bureau of Statistics showed overseas and student arrivals continue to rebound, pointing to ongoing increasing rental demand in the capital cities. Ms…
The COVID-19 pandemic changed the way we work, the way we live, how we interact with others, and also how we feel about our furry friends. One-third of pet owners added a new pet to their family in the last two years (33%), a decision which was mostly driven by extended lockdowns and dealing with…
As a property investor, one of the toughest decisions you’ll face is choosing the right professionals to manage your property. Their role is an important one. They’ll be in charge of advertising, conducting inspections, vetting potential tenants and organising maintenance – not to mention ensuring rent is paid in full and on time – so…
