Category: latest news

Housing affordability is on the rise

Good news for investors and home owners! Recognised as the most authoritative indicator of Australian housing affordability, the recently released REIA (Real Estate Institute of Australia) Housing Affordability Report shows housing affordability has improved slightly in the June quarter. What the report means for investors Over the June quarter, rental affordability in New South Wales.

Insurance jargon explained

Like every industry, property insurance has its own jargon, so to help enlighten you, we’ve pulled out a few common words and offered some straight forward explanations: Accidental damage: damage to your property that occurs suddenly as a result of an unintentional, unexpected and non-deliberate external action. Actual total loss: where the insured property is.

How Newcastle Property Management, a division of Andriessen Property, kept residential vacancy rates low during COVID

Vacancy is the one thing every landlord wants to avoid. An empty property means no income. And no income means paying for running costs, mortgage, council tax and other expenses out of your own pocket. Through Newcastle Property Management, a division of Andriessen Property, over 300 property owners trust us to manage their properties, and.

Property investment post-COVID19, what should I do now?

When it comes to investing in property, never selling has tended to be the rule of thumb, with investors leveraging off an existing property to buy their second or third investment property. This is something investors should bear in mind when considering future financial options. Let’s look at what’s been happening over the past few.