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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…
Owning an investment property can be a great opportunity to build your wealth, but the reality is there can be stressful aspects to being a landlord. One of the pain-points that landlords can come up against is deciding whether they should raise the rent on their property. Obviously, all investors want to maximise their returns…
Buying your first investment property can be both exciting and daunting. You’ve poured your hard-earned savings and/or equity into an expensive asset, and now you take on the responsibility of being a landlord and the challenges of property management to ensure you maximise the return on your investment property. Over the years I’ve seen numerous…
Rent – it’s the basis of the whole landlord-tenant relationship. In the simplest of terms, tenants pay money to the property owner in exchange for being able to live in the place. Although the fundamentals are simple, when it comes to rent increases it can get a little combative. Raising the rent is often a…
Too many landlords think that property management is easy when it isn’t. And too many landlords never receive anything more than a “one-size-fits-all” property management service. But there is a better way to manage and grow your portfolio – and all you need to do is read on. A common problem One of the most…
New research from Compare the Market has revealed that nearly one in five Australians don’t know the people next door, with some going out of their way to avoid them altogether. In a survey of more than 2,000 Australians, the price comparison website found that although more than half generally speak with a neighbour at…
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…
Declining vacancies and higher rents continued to characterise capital city rental markets over July, with increased Covid restrictions set to again disrupt activity. House rents have soared over the past year with the exception of Melbourne where an exodus of Covid refugees may have acted to reduce demand for tenancies. Increased demand for larger premises…
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…
