rental property

5 things your tenants really hate

Fostering a good relationship between all parties to a tenancy will allow everyone to get so much more out of the experience. It’s basic logic. Treat your tenants with respect; be considerate of the fact that your property investment is their home, and they will (hopefully) show you the same courtesy. Remember, these are the…

I wouldn’t rent with them

I had some interesting feedback recently from one of staff and what a prospective tenant said at an open home. When discussing nearby rental – the tenant exclaimed, “XYZ Realty!, I wouldn’t rent with them”. I mean we have all heard of nightmare tenants and the yearly stories on A Current Affair, but what about…

The State of the Rental Markets around Australia

Despite an increased supply of rental properties from investors and developers, Australia’s capital city rental markets remain tight. Overall, the national median weekly asking rents for houses increased by 0.8 percent over the March quarter while unit rents increased by 0.4 percent. Sydney is still one of the most expensive capital cities for tenants with record investor activity failing to…

Demand for Sydney apartments drives up rents

Rents for units in Sydney have surged over the June quarter as demand continues to increase for apartment style living over the typically more expensive housing option. According to Australian Property Monitors (APM) the median weekly asking rental for Sydney units rose by +4.4% over the quarter to $470. Unit rents in Sydney are now…

Are we on the brink of another rental crisis?

Tenants are doing it tough right now, with vacancy rates in most Australian capital cities’ hitting new record lows, and increasing competition to secure accommodation forcing prices in a steep upward trajectory. Many experts are warning of a looming rental crisis, with Perth fast becoming the hardest city in which to find a decent rental…

Is 2012 the year of rising rents?

At times of slower property price growth; let’s be honest – no price growth in some areas, property investors count on rising rents to boost their investment returns. The fact is, since the beginning of 2006 rental growth across the combined capital cities has outpaced the growth in home values.