Author Archive

Must see investment opportunity! 14/509 Old South Head Road, Rose Bay

The key to successful property investment is identifying future growth. On this basis, 14/509 Old South Head Road, Rose Bay is a must see for any investor.

“The Old South Head Road shopping strip has always been good,” says agent Alex Hart, “but now it is undergoing a complete transformation.”

Close to both Bondi Beach and the Rose Bay ferry terminal, this area has generally been solid, but a little sleepy. However,  … Read the full post »

Just listed for auction – 69 Cameron Street, Edgecliff

We’re thrilled to have listed this charming, reinvented workers’ cottage in a fantastic location. It’s tucked away in a part of Edgecliff that many people don’t know exists. Unless you have a reason to drive down this street, you won’t know it’s there. It’s whisper quiet, has plenty of street parking, yet it’s located just behind Edgecliff train station and the Eastpoint shopping centre. It’s just a gentle stroll to … Read the full post »

We’re getting results in toughest leasing market in years

We’re thrilled to report continued strong leasing results despite facing the toughest market conditions in years. In the first two weeks of May, the Hart Estate Agents team leased 13 properties, just down on our average of 15. This is an outstanding result given the environment in which we’re operating.

To put it in context, the average days on market for a rental property right now is 34; increasing to a … Read the full post »

How we’re defying market conditions to achieve leasing success in 2019

Sydney’s rental market has remained weak in the first quarter of 2019, creating significant leasing challenges. With new units flooding the market, increasingly it is the tenants who have negotiating power, especially in the $500-$900 range. This is not a time when property managers can sit on their hands and wait for the tenants to come. If he or she is not doing everything possible to lease your property and … Read the full post »

26 Waverley Crescent Bondi Junction – Federation semi in hidden pocket for sale

“This extended Federation semi has so much going for it, but its location is what makes it truly stand out from the crowd,” says agent Alex Hart.

Set in a quiet, leafy street, 26 Waverley Crescent is just a few minutes walk to shops, eateries, rail and schools. It offers all the convenience of Bondi Junction, without the noise and congestion.

“Most people never see this hidden pocket of the junction,” says … Read the full post »

New laws highlight the fraught nature of renting through Airbnb

We’ve written before about the potential pitfalls of renting your property through short-term letting sites. Often, it is not the money making machine you’re led to believe it will be. And, there’s a very real risk you’ll seriuously upset your neighbours.

On the second point, short term lettings have become one of the most talked about problems in strata regimes, as residents have fought back against being forced to live next … Read the full post »

Renovating your investment property? Plan to avoid potential complications!

In times like these, with so many newly built properties entering the market, it is essential to keep investment apartments renovated and up-to-date. As important as these renovations often are, however, many landlords fail to consider their possible (and often hidden) complications and pitfalls.

The need to obtain strata approval is one hurdle that is often overlooked. Recent changes in the law make it easier for strata owners to carry out … Read the full post »

Property management news

The rental market in 2018 has been mixed but predominantly weak. This is partly due to the larger than usual number of newly completed apartments entering the eastern suburbs rental market (a factor that is likely to continue for some time). It is important to recognise and account for this state of affairs when making decisions regarding rental properties.

July was our biggest leasing month of 2018. We rented 20 properties, … Read the full post »

State of the market – danger or opportunity?

It’s safe to say that there’s a higher than average chance that Australia will have a Labor government next year, if not before. How, then, will Labor’s policies affect our already anaemic real estate market?

Here, I’m talking about the removal of negative gearing on all but new properties, and the halving of the capital gains tax concession. Will they, as some predict, be the final nail in the coffin, with … Read the full post »

House for sale – 14 Penkival Street, Bondi

We’re thrilled to present 14 Penkival Street, Bondi, a grand Victorian Italianate villa offering a blend of classic character and relaxed family lifestyle. Set on approximately 430sqm, with three street frontages and DLUG, this beautiful home has been renovated and extended over the years to offer space and exceptional flexibility. Fantastic as is, this home also has potential, with DA Approval to add a full self contained studio above the … Read the full post »

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