Archive for the ‘Hartbeat newsletter’ Category

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 »

Why Buying Real Estate In Bondi Junction Makes Great Sense

Bondi Junction, in the heart of Sydney’s eastern suburbs, is popular with home owners and investors alike. The location has many benefits – it’s very centrally located to the city and is a major transportation hub for commuters, yet walking distance from Bondi Beach, Centennial and Queens Park, and Oxford Street. The Westfield Shopping Centre and its surrounds provide exceptional shopping, dining and entertainment options. There are many reputable schools, pre-schools, and … Read the full post »

What’s happening with the Sydney property market?

Hart_011So what is happening with the market? That’s what everyone is asking but no one seems to be sure about. There’s been chatter along the lines that the market may have peaked early this year and is sitting somewhere just under this point. However, due to low winter sale volumes, no one really knows if this is right.

Let’s start with some … Read the full post »

Why smart vendors are investing in property presentation

We’re often asked by clients how much effort and expense should be put into presenting a property for sale. After all, in a strong market, the property sells itself doesn’t it?

Yes, to a point, but it won’t necessarily sell for the best price.

Over the past six weeks, we have had three examples of properties benefiting from significant work on their presentation. In each case, there is good reason to believe … Read the full post »

Boom or bubble? Alex Hart’s thoughts on Sydney’s property market

Everybody’s talking about the strength of the Sydney property market (which makes a nice change from two years of doom and gloom). There are almost daily headlines telling us that the auction market is “the strongest in a decade”, that properties are running out the door days after being listed, and that Sydney house prices are increasing by “$500 a day”.

While the headlines undoubtedly sensationalise the situation, the truth is … Read the full post »

Alex Hart on the State of the Market

We are, as they say, living in interesting times.  There is an election around the corner.  The result seems a forgone conclusion, but not necessarily the candidates who will be contesting it.  By the end of the week we should have more certainty about the candidates, but then maybe not the result.  Still following me?  We have an increasingly heated property market and a world economy in uncharted territory.  The … Read the full post »

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