Keeping your tenants safe and your property legal is all part and parcel of being a landlord. The NSW legislation on smoke alarms is very clear – alarms must be installed in all buildings in NSW where people sleep. The smoke alarms must meet the requirements of Australian Standard AS 3786, Smoke Alarms. While the.
Thanks to the Australian Prudential Authority (APRA) loosening restrictions on how mortgage lenders assess a customer’s ability to meet repayments, first time homeowners have just received another helping hand to get them on the property ladder! Generally, the industry standard for banks to evaluate a home buyer’s borrowing capacity is based on a minimum interest.
Once you’ve decided to sell your property, preparing it for sale and getting it in front of the target audience is crucial. Great photography and a brilliant description are the basics, but potential buyers still need to know your property is for sale. The real estate market has returned to more of a balanced market.
If you’re new to property investment, you may not have heard the phrase rental yield. This is the term used by investors to calculate the return they will get on a property. How to calculate rental yield There are two types of rental yield: Gross rental yield Gross rental yield is the annual income (rent).
While there is talk of a depressed market, and some people are holding back, we believe a smart investor knows that the perfect time to buy is when others are not….. The canny investor can find themselves some good bargains if they think a little bit laterally and think beyond the usual four walls and.
Like the economy, the property market is always up and down. Strong capital growth is always followed by a period of slower growth, no growth or on some occasions declining prices. If you believe the media, you’d never buy or sell a property; one week it’s all good, the next it’s all bad. Having been.
We believe landlord insurance is an absolute must when it comes to your investment property and its worth doing your homework and checking what is and isn’t covered, the amount covered and what your excesses are. Some insurance companies offer a combination of both home and landlord cover, but they may not provide adequate cover.
Thinking of selling soon? We’ve got 4 ways to save if you list your residential property with us For Sale by 30th June 2019 (does not include those listed to be sold via Auction): Free Conveyancing We will arrange for the conveyancing to be completed on the sale of your property by our local real.