Property details:
Company Title
1Bed, 1.5 Bathroom, 2 Car space
Sold by Private Treaty with a no-fuss sale. More property details can be found here.
Result details:
Sold $650,000 – with an unconditional sale.
Three individual parties made offers on the property.
Extremely Happy Vendor and extremely Happy … Read the full post »
https://youtu.be/I_w5pTIX8Cc
Australia is losing critical rental stock at a time when it’s needed more than ever due to record migration.
Alarming new polling has revealed almost one in eight investors across the country sold a rental property over the past year, with 73 per cent of the properties selling to owner-occupiers.
NSW investors accounted for about 20 per cent of the … Read the full post »
Rachel Stark, one of our team members attended this online presentation of the Property Seeker Survey 2023, in late August – presented by Realestate.com.au
Below are some of the notes from the presentation and can be considered as a summary. Please note, they do not include all the facts that were presented that day.
Survey Summary:
Survey data collected in May 2023. 6,300+ participants took part. The largest survey of its kind … Read the full post »
The great Australian dream of owning a home is now harder to achieve than three decades ago, with a new index revealing the grim reality in each state.
Elizabeth Tilley – @liztilley84
2 min read
September 2, 2023 – 6:00AM
News Corp Australia Network
It’s official: the great Aussie dream of owning a home is now harder to achieve than at any time in the last three decades, with even households earning $200,000 struggling … Read the full post »
Property details:
4Bed, 2 Bathroom, 2 Car space – 714sqm
Sold under the Hammer, with a 4-week campaign, no-fuss sale, and above reserve price. More property details can be found here.
Result details:
Sold $1,170,000
Three individual parties made multiple Pre-Auction offers on the property.
Outstanding … Read the full post »
https://youtu.be/xozZ6rb48v8
This past week the Sydney Morning Herald published James Massola’s article “Tax Office to crack down on Landlords, capital gains, work-related tax deductions”. Also The Daily Aus has reported on it too.
When it comes to Landlords, he emphasised that the ATO has plans to come down hard this financial year, as there have been incorrectly claimed expenses and mistakes on their annual returns. Massola claims a review found nine … Read the full post »
John Pye Real Estate continues to pick up a large number of property managements where Landlords are stressed out over their current management situation.
Some Landlords think that if their investment property becomes vacant, it is a good time to sell it.
This view may result from a concern that it may take some time to find a new Tenant and thus there will be a loss of income. Added to this concern is the fact that the rental market can change … Read the full post »
https://youtu.be/zI-IvIti6Ww
When it comes to renting out your property for the first time, new Property Investors can make some big mistakes that can cost them dearly later on.
So to help you make the right decisions upfront, here are FIVE MASSIVE mistakes to avoid:
Don’t Choose Your Agent Based on Cheap Fees.
As the saying goes, cheap fees are cheap for a reason, and if you’ve selected an Agent because they are cheaper than … Read the full post »
After remaining virtually flat in February (-0.1%), CoreLogic’s national Home Value Index (HVI) posted the first month-on-month rise since April 2022, up 0.6% in March.
Dwelling values were higher across the four largest capital cities and most of the broad ‘rest-of-state’ regions, led by a 1.4% gain in Sydney.
CoreLogic Research Director, Tim Lawless, put the rise down to a combination of low advertised stock levels, extremely tight rental conditions and additional … Read the full post »
Prepping for the Easter Long Weekend?
Have a quick watch of Rachel’s video on having a Digital Detox.
Why Do It?
Lower stress
Control more of your time
More focus on a task at hand
Break the cycle
Potential health effects
Reduces quality of sleep as it suppresses melatonin
Can cause eye strain and vision problems, migraines and headaches
How To Do It?
Decide on the type of detox
Set goals
Make a … Read the full post »
https://youtu.be/Myte5DJO6NE
Missing a tax deadline is not only stressful but can set a tax return back and potentially result in fines or legal penalties.
Never miss an important tax date again by adding the following dates to your 2023 calendar.
2023 Key Tax Dates
Tax return lodgement dates vary between individuals, companies, trusts and partnerships.
The key factors that determine an individual or entity’s relevant return date … Read the full post »
Good relationships are important in life and in our experience of over 30 years of managing investment properties, we know that the Landlord/Tenant relationship is just as important as any other.
Apart from fulfilling the obligations according to the Residential Tenancy Act and the obligations within a lease, it is important to sow good values into your relationship. We believe you will reap … Read the full post »
REINSW recently sought guidance from NSW Fair Trading in relation to the queries they’ve received from agents about different rent bidding scenarios. Read on to find out Fair Trading’s responses to our members’ questions below.
https://youtu.be/h2u4Cpv-4nI
https://youtu.be/sDrblw_pixM
Here’s a Myth you may have heard about the Real Estate industry…
Agents are all made equal
There are Agencies out there who charge cheap fees and there’s a reason why…
Cheap fees = Cheap results.
You get what you pay for in this industry!
Some of their reasons why… well…they have to do volume to make ends meet while skimping on the personal service for the Client, and they don’t have the experience nor … Read the full post »
Property details:
5 Bedroom, 2 Bathrooms, 2 Car Garage house.
Launched property with two separate tenants in each part of the home. Exchanged contracts with one set of tenants (had been occupying for 17 years) and provided assistance in helping the remaining tenant find their new home prior to settlement, as the contract was vacant … Read the full post »
Property details:
4Bed+Study, 3 Bathrooms, 2 Car Garage
Exchanged contracts in about a week from, no-fuss sale at a good price above Vendor’s expectation on price.
More property details can be found here
Result details:
Sold $1,900,000
Multiple parties made offers on the property while on the market…. Read the full post »
Property details:
2 Bedroom, 2 Bathrooms, 1 Car Garage
Exchanged contracts subject to existing tenancies
More property details can be found here
Result details:
Sold $695,000
Multiple parties made offers on the property while on the market.
Outstanding result with an extremely Happy Vendor and extremely Happy … Read the full post »
Property details:
4Bed, 3 Bathroom, 2 Car Garage
Exchanged contracts in about a week from, no-fuss sale at a good price above Vendor’s expectation on price.
More property details can be found here
Result details:
Sold $1,660,500
Eight (8) individual active parties made offers on the property…. Read the full post »