Author Archive

Case Study – 4/10-12 William Street, Hornsby

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 »

Case Study – 29/4-8 Bouvardia Street, Asquith

 

 
Property details:
Strata Title, 2 Bedrooms + Study room, 2 Bathrooms, 1 Car space in secure parking area.

Sold by Private Treaty with a no-fuss sale. More property details can be found here.

Result details:
Sold $760,000

Extremely Happy Vendors and extremely Happy Purchasers!

Interested in selling your own home or investment property? Or even considering renting it out or changing property management companies? Contact us … Read the full post »

Case Study – 11 Alberta Avenue, Cowan

 

 
 
Property details:

Torrens Title, 3 Bedrooms, 2 Bathrooms, 2 Car Carport at rear, 1 Car Carport at front.
Sold by Private Treaty with a no-fuss sale. More property details can be found here.
 
Result details:

Sold $1,140,000

Extremely Happy Vendors and extremely Happy Purchasers!
Interested in selling your own home or … Read the full post »

Is it time for Aircon to be a minimum standard in rental properties?

https://youtu.be/pU4Wc7uC3NU?si=Pv1ciiBvvwknjhTT

 

 
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 »

Is my property fit for habitation as a rental property?

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 »

Case Study – 6/9 Edgeworth David Avenue, Hornsby


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 »

Case Study – 9A Elouera Road, Westleigh


 
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 »

‘Mass exodus’: why investors are jumping ship

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 »

Property Seeker Survey 2023 – Presented by Realestate.com.au

[embed]https://youtu.be/Ap3JV_ZF864?si=Z2vhfo_QGfIPs76F[/embed]

 

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 »

Why even a $200K salary is no longer enough

[embed]https://youtu.be/29Yzb4U_4T4?si=Cgetef6EWaR-kpiv[/embed]

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 »

Case Study – Sale of 48A Cameron Street, Doonside


 
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 »

Landlords! Don’t Incorrectly Claim Expenses – Avoid Making Mistakes On Annual Returns

 

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 »

What do you do if you are a Landlord and are unhappy with your current Property Manager?

John Pye Real Estate continues to pick up a large number of property managements where Landlords are stressed out over their current management situation.

To Sell Or Not To Sell Your Investment Property – Updated

to sell or not to sell

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 »

Five Massive Mistakes Property Investors Make

 

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 »

CoreLogic Home Value Index: National home values up 0.6% in March, breaking a 10-month streak of falls

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 »

Digital Detox for the Long Weekend

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 »

Tax Return Dates Australian Property Investors Must Know

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 »

Building a Better Landlord and Tenant Relationship Updated

 

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 »

Q & A about new Rent Bidding Regulations

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.

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