If you want to increase the rental yield on your investment property, there are proven strategies to bring in a higher rent without driving tenants away. With the right improvements, landlords can increase the amount they charge for rent, but there is a fine line between improvements that can increase rental income and those which…
We know rents are rising across Australia, but the latest inflation data from the Australian Bureau of Statistics gives some interesting insights. Rents in all capital cities rose over the first three months of the year, and this is not really surprising considering the current 16-year low vacancy rates across Australia. However while Sydney and…
The recent Finder research shows almost half (45%) of Australian renters struggled to pay their rent in April – that’s up from 28% 12 months prior. CoreLogic data revealed the median asking rent for houses increased in all capital cities. The biggest increase has been felt in Darwin – where the median asking rent for…
We know that falling interest rates were one of the major factors stimulating the “once in a generation” housing boom Australia experienced in 2021, and now there is concern that rising interest rates will slow down house price growth and possibly even cause a housing slump. But what effect will rising interest rates have on…
For any landlord with an investment property, your property manager should be your greatest asset. While it’s always possible to manage your own property, it can be so much smoother to have a professional do it for you. They can help you find the best tenants, manage (and chase) rent collection, keep up-to-date on maintenance…
Inner-city Melbourne apartment rents have fallen by nearly 25% over the last 2 years. And since the pandemic started inner-city Sydney apartment rents fell 7.7%. Of course, this was related to the impact of the border closures on these rental markets. Source: Proptrack So will international borders reopening revive inner-city rents? That was the theme…
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…
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….
An ongoing shortage of rental homes across Melbourne continues to place upwards pressure on rents that is seeing some areas of the city record annual price growth. Although current Covid-19 restrictions may act to reduce demand for rentals in the shorter term, the easing of restrictions and re-opening of borders will return markets to their…
Queensland is facing a crisis of lack of rental accommodation with almost 80% of Queensland’s rental market experiencing extremely low vacancy rates. According to the REIQ, nearly two-thirds of local government areas in Queensland have recorded their lowest or equal lowest residential vacancy rates since 2010 as the state’s rental market continues to tighten. And…
