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 »

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 »

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 »

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 »

Do you own an investment property in Rose Bay, New South Wales?

Rose Bay is a highly sought after location, particularly for young professionals and families, and landlords can expect high quality tenants and attractive rental returns.

According to realestate.com.au, the average house in Rose Bay is rented for $1,500 per week, while the average unit achieves $625 per week (current to February 2016).

[caption id="attachment_2839" align="alignnone" width="300"]… Read the full post »

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 »

Consistent with seasonal trends, leasing has been tough during the winter months. However, things have picked up this month, and September is looking good.

Our leasing figures paint an accurate picture of what has been happening and where we’re heading: we leased 6 properties in April, 9 in May, 12 in June, 14 … Read the full post »

Hart Estate Agents’ Property Management Team has been named a Finalist in the prestigious Real Estate Institute of New South Wales Excellence Awards 2014.

The Awards celebrate the outstanding achievements of real estate professionals across New South Wales, recognising them as the foundation and future of the real estate industry.

According to … Read the full post »

We’ve reported before on the NSW Government’s review of strata laws. At that time, the review was just getting underway and we had our own wish list of reforms.

The Government has just released its Strata and Community Title Law Reform Position Paper, so it’s time to revisit the reforms. The Position Paper follows the release of the Government’s Discussion Paper in September 2012 and a period of round-table discussion … Read the full post »