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…
As the rental market gets tighter in many areas, renters start to wonder what it takes to get the keys in their hands and their foot in the door. Rent bidding has become a popular road for many people desperate to get into a property. But what exactly is rent bidding and is it even…
Australia’s rental crisis may be in full swing, but there are some suburbs where as many as two-thirds of the properties are sitting empty. Holiday homes were hot property during the pandemic, fuelled by an inability to travel internationally, high savings rates and very low mortgage rates. But now the sea- and tree-change shift which…
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…
Awesome landlords attract awesome tenants. It’s a simple matter of A + B = C… and while this equation applies in virtually all areas of life, it is remarkably relevant when it comes to managing your investment properties at an optimal level. A brilliant landlord is able to keep hold of tenants for longer periods…
Did you know that over 60% of Australian households own a pet? Now what’s also interesting is that many landlords and managing agents have a ‘no pets’ policy on rental tenancies. Perhaps it’s because they think it’s easier to manage a property without pets, or they believe pets might cause damage, but I’ve always been…
Many investors think that the hardest part of becoming an investor is searching for and finding the right investment property. In reality, that’s only the beginning. Once you own an investment property and become a landlord, you have to learn how to effectively manage it – and a huge part of this is ensuring that…
How did Australia wind up with the tightest ever rental market? Well, it has been the culmination of a number of decisions over a number of years that have created the tightest rental market on record – and there’s no quick or easy way out of it. If we go back to 2014, investor borrowing…