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…
Category: Hartbeat newsletter
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…
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…
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…
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…
So 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…
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…
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…
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’ve had some excellent auction results in recent weeks, including a spectacularly high (and possibly record breaking) price in Bellevue Hill.” Read more in our latest edition of Hartbeat.