As Sydney sweltered through a Saturday that saw temperatures pass 43 degrees a strong trend began 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 … 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 »
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 »
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 »
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 … 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.
In the past it has been a common practice for New South Wales Real Estate Agencies to commence a new Tenancy with a Fixed Term Tenancy Agreement and at the end of the term, simply continue the Tenancy as a Periodic or Continuing Agreement.
When changes occur within the Residential Tenancies Act, Agents must review systems and procedures to cater for the … Read the full post »
Thirty years ago today, John Pye Real Estate Pty Ltd began offering services to the Hornsby marketplace. Initially we traded as a national franchise brand, then changed to John Pye Real Estate in 1998.
Whether you have been with us for 30 years, or have become a John Pye Real Estate Client just this week, we want to say a heart-felt thank … Read the full post »
