REIV slams Andrews’ renewed restrictions

The Real Estate Institute of Victoria (REIV) has criticised the state government’s decision to keep restrictions in place for longer than originally anticipated. On Sunday, 6 September, Premier Daniel Andrews confirmed the current restrictions would be extended across metropolitan Melbourne. This will effectively keep the property market shut down for an uncertain period and most […]

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Residential rents could fall 30 per cent! Really???

Melbourne’s empty rentals soar by 20 percent in one month!  Residential rents could fall 30%! The number of vacant rentals in Melbourne has skyrocketed. These are all headlines I read in the last couple of days and I can understand why they would scare the pants off many property investors. But before you get too […]

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Are Landlords the forgotten people?

The Real Estate Institute of Victoria is seeing growing evidence that commercial and residential landlords are being left behind and all but forgotten as the government makes decisions on financial support for people impacted by the economic downturn. The decision to extend the rental moratorium to 31 December 2020 without proportionate attention to the landlord’s […]

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Selling your property with the tenant in place

Whether you have one or two investment properties or a big and complex portfolio, the fact is, you’ve gone into the property game with a clear goal in mind: to make money. Sometimes, for a range of reasons, you may make the decision to sell one of your investment properties. When it comes time to […]

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Rents keep falling despite increasing demand

Despite house prices remaining resilient, we know our rental markets have taken a beating due to Covid-19. Realestate.com.au reports that for the first time on record the cost of renting in Australia has fallen. The results are a clear indicator of how COVID-19 has changed the dynamic of the property market. Over the June quarter […]

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Rental markets take a hit from the pandemic

One of the most impacted sectors of our housing market amidst COVID-19 has been the rental markets. The latest ANZ-Core Logic Housing Affordability report shows that the rental market has been more heavily affected than the buyers’ market in the current crisis, with a combination of falling demand and rising supply. However, Australia does not […]

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Property rentals see biggest price drop in 15+ years

Unit rentals experienced the biggest price drop in more than 15 years, marking a historic rent price fall of 3.2% (equivalent to $15 per week) over the June quarter according to Domain. House and unit rental prices fell across most major capitals, illustrating no city was immune from the impact of coronavirus, with Sydney and […]

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15 common landlord mistakes it pays to avoid

The most successful property investors have a number of tools in their landlord kit-bags. One of the most important of them all is using professional property managers to do the heavy lifting for them. That’s because, to create significant wealth, investors not only need to be strategic with their property purchases, they also need to […]

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10 good reasons to consider renting to a pet owner

Did you know that over 60% of Australian households own a pet?  Now what’s also interesting is that many landlords and managing agents to have a ‘no pets’ policy on rental tenancies. Perhaps it’s because they think it’s easier to manage a property without pets, or they believe pets might cause damage, but I’ve always been […]

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