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Think renting in Sydney or Melbourne is tough? Well…living in one of the world’s financial hubs means getting access to top-notch cultural attractions and entertainment, a varied job market, and expensive lifestyles—naturally! But how expensive really? This is what RENTCafé set out to uncover when they compiled this study on what it costs to rent in the…
Can you guess how many pets there are in Australia? Well, there are actually more pets than people! According to the RSPCA, there are more 25 million pets in our country. But here’s the thing: it’s estimated that more than half of rental properties have a no pets policy. So what do these statistics mean?…
Strata living can sometimes be an exercise in diplomacy. Keeping everyone happy in a multi-unit dwelling is no easy task. However, when problems arise and relationships sour all hope is not lost. Today we look at the most common tenant complaints and how to overcome them. You wouldn’t think having a vegetarian living upstairs…
It’s no secret that the rental market in some parts of the country is sluggish. But just because some areas are performing below average it doesn’t mean that investors can’t achieve rental growth. The truth of the matter is that you can manufacture higher rents no matter what the market is doing. Don’t believe me?…
For many travelers, Airbnb is a holiday godsend, but for landlords it can be little more than a big pain in the hip pocket. So, if your tenant is using Airbnb, how does it affect you as the property owner? As always, legislation can be slow to keep up with the ever-changing world we live…
When carrying out final inspections with a tenant to determine the final condition of the property and bond refund, we must compare the condition of the property at the commencement of the tenancy to the end of the tenancy and allow for “fair wear and tear”. The definition of “fair wear and tear” is something…
Home rental vacancy rates general eased over May although conditions remain clearly tough for tenants in most capital city markets. The national capital city vacancy rate was steady for houses at 2.1 per cent over the month with units easing to 2.2 per cent for an overall result for total homes of 2.2 per cent….
Should you allow your tenants to undertake maintenance in your investment property? Now with all the D.I.Y. shows on TV everybody thinks they can do a professional job and a lot of people underestimate the skill and profession that tradesmen put into their work, not to mention the expensive tools. Many landlords think it saves money to have tenants perform…
Private renters’ security of tenure in Australia has less legal protection than in other countries with high private rental rates – A new study reveals mixed responses to this state of uncertainty, writes… Alan Morris, University of Technology Sydney; Hal Pawson, UNSW, and Kath Hulse, Swinburne University of Technology A growing proportion of Australian households…
Almost nowhere in our capital cities can low-income households – and those on average incomes in Sydney – afford the median rent, mapping rental vulnerability finds it in regional areas too, writes… Chris Martin, UNSW and Laurence Troy, UNSW Two new tools for measuring and visualising problems in our rental housing system are in the…
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