Unless you’re lucky enough to be a cash buyer, whether you’re a homebuyer or investor, you will need a loan. There are a lot of loans available from a wide variety of financial providers! Lenders assess income, expenses, and debt levels to determine borrowing capacity, and each loan type will tailored to suit the borrower’s.
The rental landscape in New South Wales (NSW) has just undergone a major overhaul, with new laws aimed at creating a fairer and more balanced market. While these changes offer greater protections for tenants, they also bring new responsibilities and challenges for landlords. Whether you’re a seasoned property investor or just starting out, it’s essential.
While location, and access to amenities lifestyle choices, and work, and proximity to main roads and public transport is often the starting point for many people when looking for a rental property, what features do they consider? If you want to make sure your property is that little bit more desirable than a similar one.
With Anthony Albanese PM recently announcing sweeping housing reforms, describing the changes as ‘most significant in a generation’ the spotlight is definitely on the housing crisis. While rental affordability is impacting many, and as a result impacts housing supply, the cost of living is affecting everyone – landlords included! There are 2.2 million family investors.
Whether it is from an investment or homeowner’s point of view, we’re always looking at innovative ways to help you get the best from your asset. If you’ve got an investment property and you’re wondering how you can maximise your return, here are some of our tips to consider. Freshen up the property This needn’t.
Vacancy rates were down in Sydney during the month of March, decreasing 0.4% to 3.0%. The largest drop was in Sydney’s Outer Ring where rates decreased from 3.5% to 3.0%. The Inner and Middle Rings both decreased by 0.3%, to 2.5% and 3.6% respectively. The Hunter region also saw a drop in vacancies from 2.1%.
If you’re new to property investment, you may not have heard the phrase rental yield. This is the term used by investors to calculate the return they will get on a property. How to calculate rental yield There are two types of rental yield: Gross rental yield Gross rental yield is the annual income (rent).
Whether you own one or rent one, a home is your space where you should be able to live as you like, without any hassles. To be a happy tenant, it is important to make the right choices from the beginning. Here are a few tips that you must keep in mind when renting a property. Opt.
Contrary to popular belief, most people actually enjoy renting according to The Private Rental Sector in Australia report published by Bankwest Curtin Economics Centre. This report gives us a great insight into the state of Australia’s private rental sector (PRS) through analysis of 2016 census data and a survey of 3,182 Australian private renters. The.
Short-term lettings are under the spotlight again following changes to the State’s short-term letting laws. The new rules aim to address impacts such as noise levels, disruptive guests and effects on shared neighbourhood amenities. Strata owner corporations now have the power to introduce by-laws prohibiting the short-term letting of houses or apartments in their block.