If you own or live in one of the 800,000 rental properties on the books in New South Wales, you will be interested in the NSW Governments review of the laws surrounding these homes, specifically the Residential Tenancies Act (2010). History tells us that the legislation is usually reviewed every 5 years meaning any edits […]
Revealed: The areas with the highest rent across the country.
Across Australia, it’s not a secret that rent has generally been ticking upwards – much to the dismay of renters – with revealingly stronger growth in some areas than others. The latest Australian Bureau of Statistics details show that Western Australia is the state that has grown more than any other, with a 77% uptick […]
No Rate Change Will Keep Housing Market Positive.
It was not surprising today when the RBA decided to keep the cash rate on HOLD at 2.50% at their monthly meeting. Today’s interest rate decision will give more confidence to the already active residential market place. The RBA’s last rate action was in August when it lowered the cash rate by 25 basis points to 2.5%. Since […]
New year’s resolutions every property investor should put on their list.
A new year is a great opportunity to knock your bad property habits down and start gaining some better ones. Here are some great tips from Property Observer to add your list:- 1) No longer assume that your strategy is the only strategy that works Other asset classes can work too, and ignoring other investments […]
NSW Strata Laws ‘Join 21st Century’
The NSW government has announced sweeping changes to the state’s strata laws after an extensive review. The new bylaws were announced by NSW Fair Trading Minister Anthony Roberts yesterday and include a new approach to pets in units, smoking on balconies and executive committees. Mr Roberts said the reforms were in response to the community’s […]