After a long period of slow or no rental growth it looks like Australia’s rental markets are on the move again. Rent.com.au latest market update for the month of June 2019 illustrates the shift in Australian median rental property prices (both metro and regional), rental affordability (the median room price metric) and days on market….
We know our rental markets are slow at present and this has been confirmed by Rent.com.au Their report for May 2019 illustrates the shift in Australian median rental property prices (both metro and regional), rental affordability (the median room price metric) and days on market. Highlights: Median apartment rents fell in five of eight capitals in…
It’s one of the worst nightmares for landlords — a tenant who hasn’t paid rent for weeks and won’t vacate the property. Unfortunately a good tenant can quickly turn into a bad tenant. This can happen due to personal troubles, health issues, drugs, they lose their job or get divorced. But the problem is, as a…
“I can just collect the rent myself and save a ton of money.” It’s the catch-cry of many investors who are hoping to maximise their property’s overall profit – but there’s one thing I’ve learnt about property manager’s in my time in real estate. They do a lot more than collect rent They do that…
There’s finally some signs of rental markets improving. Normally at this stage of the property cycle, when house and apartment prices are languishing or falling, rental markets tend to thrive and rents increase. However this time round, in part due to an oversupply apartments in many locations, rents have been holding steady and falling in the…
A report published recently aired many tenant grievances and seemed to indicate that most landlords are doing “the wrong thing”. The report received a lot of press coverage, but unfortunately that’s not surprisingly given there does seem to be a bias when it comes to the tenant/landlord relationship in the media. In fact, the media’s…
The rental markets usually perform strongly at times when capital growth is flat or falling, but that’s not really the case at present. So let’s take a detailed look at the rental markets around Australia to see how they are faring, using data from SQM Research and Rent.com.au And as usual, the markets re very…
You’ve finally bought your first investment property, and now you need to find someone who’s willing to move in, pay their rent on time, and take good care of the place. Or perhaps you’ve been a landlord for some time, but you much-loved perfect tenant has decided to move on, and you’ve no idea how…
Which Aussie capital saw the most significant rises and falls in median rents month-on-month? Rent.com.au has released its latest report for October 2018 based on property leasing data. The report illustrates the shift in Australian median rental property prices (both metro and regional) rental affordability and days on market. Monthly Highlights: 3 of the biggest…
As a landlord, you have a lot of different things to consider when taking on new tenants – including the type of tenancy agreement you want to offer. Essentially, there are two types of different tenancy agreements: fixed and periodic. If you’re relatively new to property, it can be confusing to know which one might…