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REINSW report shows increase in vacancies

The May REINSW Residential Vacancy Rate Report reveals a 0.2 of a percentage point increase in vacancies across Sydney, from 3.2 per cent on 15 April to 3.4 per cent on 15 May. Other key NSW reporting areas such as the Illawarra region saw a 0.5 of a percentage point increase in the vacancy rate to 3.1 per cent, while the Hunter region saw a minor increase of 0.1 of a percentage point after three months at 1.7 per cent. REINSW CEO Tim McKibbin said with vacancy rates increasing, tenants will

What do property investors need to know before the EOFY?

The end of the financial year is fast approaching. And for property investors, this means getting organised: assessing your investment performance and preparing your receipts for the lodgement of your tax return.

What the federal election result means for the property market

A shorter, shallower property price downturn could be on the cards on the back of the Coalition’s victory at the polls, experts say. But the long-term prospects for first-home buyers are less certain, with changes to investor tax concessions off the table for the foreseeable future. Following months of uncertainty about the impact of those tax changes, which had led to greater wariness in the cooling market, experts are becoming slightly more bullish, revising their views on property prices,

The Important of Lease Renewels

Landlords want good tenants to stay. Constant tenant turnover is a nightmare, so getting a tenant to renew their lease is an important goal for many landlords.  A landlord's perfect rental scenario would be something close to this: You find a quality tenant for your rental within hours of posting the For Rent ad. The tenant pays rent on time every month. The tenant never complains. The tenant stays in the rental property for at least 20 years. While this perfect scenario may be rare, having a