Every now and then, a sale comes together in the most beautiful way.
This is one of those stories.
Our wonderful Vendor had a long-term tenant who had called this property home for nearly 10 years. Someone who genuinely cared for the property like it was their own.
When the time came to sell, the Vendor wanted to respect that relationship — … Read the full post »
With the temperature in many cities of Australia having already dropped with the change of seasons, now is the time to get your house sorted for winter. It’s not just important to artificially heat our homes, but vital to seal them up and insulate them too.
Ten Tips To Keep You Warm
1. Seal up all the gaps. Windows and doors can leak in substantial volumes of cold air. But some simple … Read the full post »
https://youtu.be/pU4Wc7uC3NU?si=Pv1ciiBvvwknjhTT
As Sydney can sometimes swelter through temperatures passing 43 degrees, a strong trend has begun to run through social media across all platforms.
How do renters stay cool without air conditioning in their homes?
Renters who are not able to install anything more than a portable air conditioner (the type that needs to be vented through a window) took their socials to help one another try … Read the full post »
When Smart Rental Bonds cannot be used
https://youtube.com/shorts/4oLn25Ct9z4?si=1TfPvW8bfWwXjPkq
Smart Rental Bonds cannot be used if:
there is a claim in progress on the bond the renter wants to transfer (read an example where the landlord makes a claim before the renter requests a transfer)
members of a share house are moving to different houses
a renter has requested to transfer a bond but the transfer … Read the full post »
This week we received an update from Trina Jones, the NSW Rental Commissioner at NSW Fair Trading. This is a hot topic that we have been talking about for almost a year on our social media and now we have more info to share. Below is a few videos from April 2025.
https://www.tiktok.com/@johnpyerealestate/video/7493460876469488914?is_from_webapp=1&sender_device=pc&web_id=7621361785871189512
https://www.tiktok.com/@johnpyerealestate/video/7491243632209480968?is_from_webapp=1&sender_device=pc&web_id=7621361785871189512
Email from Trina Jones
“Subject: Smart Rental Bonds is coming
To support renters when moving between rental properties, the NSW Government … Read the full post »
Property details:
2 Bedroom, 1 Bathroom, 1 Car garage.
Original listing link can be found here
Result details:
Sold for $775,000 – offer received after the first open home and 18 groups visited in total.
Sold within a week, setting a record in the block.
Long term Landlord Clients of John Pye Real Estate, this Vendor trusted us to coordinate and project manage … Read the full post »
https://youtube.com/shorts/8QjmyxzJ4wA
1. Start early!
Don’t leave all these steps to the last minute. Start when you decide to move, not when you find where you are moving to.
2. Plan it out
Do you have what you need?
Book your removalists – do this as soon as you know where you are moving to and when you get the keys to your new home.
What order are you packing in?
Where … Read the full post »
https://youtube.com/shorts/Lgf4F17LhrQ
A common question we are getting from the market is how will NSW Fair Trading know if Landlords are being truthful in their termination of residential tenancies?
It’s through the reporting process of the Bond claims through the RBO (Rental Bonds Online). The RBO will be able to flag any property that comes back on the market and receives a new Bond lodgement.
https://youtu.be/KOytubTK-yI?si=6FPdp4dQVRUh8Dd_
Property details:
2 Bedroom, 1 Bathroom, 1 Car garage.
Found a great tenant after one open home.
More property details here
Result details:
Deposited at $655 per week – 3 applications were submitted
Successful applicant signed the lease, approx. 4 days after … Read the full post »
New analysis by the Real Estate Institute of NSW (REINSW) reveals an alarming scenario for Sydney’s renters, with the average tenant in Australia’s most expensive rental market now experiencing mortgage stress – but without the mortgage.
Cotality’s latest Quarterly Rental Review shows the median rent in Sydney has now hit $807 per week, up 1.5% for the quarter.
Based on 2021 … Read the full post »
Property details:
Torrens Title, 4 Bedrooms, 2 Bathrooms with double garage
Sold by Private Treaty.
Result details:
Sold higher than guide price (guide price was $1,695,000)
Extremely Happy Vendors and Happy Purchasers!
Interested in selling your own home or investment property? Or even considering renting it out or changing property management companies? Contact us today to find out more information.
Marketing details:
Video Tour
Professional photography and floor plan
Listed on … Read the full post »
Property details:
Strata Title, 1 Bedrooms, 1 Bathroom, 1 Garage.
Sold by Private Treaty, with tenant in place and with a no-fuss sale.
More property details can be found here.
Result details:
Sold $505,000
Extremely Happy Vendors and Happy Purchasers!
Interested in selling your own home or investment property? Or even considering renting it out or changing property management companies? Contact us today to find out more … Read the full post »
https://www.youtube.com/watch?v=WxGqb5yqB_A&t=1s
Did you know there are prescribed minimum standards when it comes to a home and whether it is fit for habitation as a rental property?
Residential Tenancies Act 2010 (NSW) in Section 52 (A) provides a very clear set of expectations for Tenants, Landlords, and Property Managers.
Here is the list of the seven (7) minimum standards that must be met for a rental property:
Be structurally sound
Have adequate lighting, either … Read the full post »
Property details:
Strata Title 2 Bed, 1 Bathroom, 1 Garage Sold by Private Treaty with a no-fuss sale. More property details can be found here.
Result details:
Sold $603,000 – with a contract signed in under 4 weeks. $53,000 special levy.
We gave Buyers different options on how to purchase the property…. 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 »
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 »