INSIDE

Property
Investment

June 2021

One to two sentences on key items in the newsletter. I.e. Wow, so much has happened in the last month.

We have developed a great new tool for you to check the health of your investment property in minutes. And the legislation, whoa! There is a lot to learn about this month as one of our savvy Collective property investors.

This months stats

May 1 – May 30 2021

XX.XX%

Vacancy rate

XXX

Visitors
through open homes

XX

New tenants signed

$XXX.XX

Average rent

$XXX,XXX

ACT median house price

$XXX,XXX

ACT median unit price

Topic overview from our recent Canberra Property Investor Evening.

The lucky attendees of our Canberra Property Investment Evening on the 12th of May got the opportunity to hear directly from property investment experts - Performance Property Advisory. They revealed the most up-to-date predictive data on investing in the Canberra property market. Here's an overview of the info that was covered at the event.

Read the article >

Recent changes to Pet legislation

The gist:

If a tenant requests a pet, a lessor cannot unreasonably refuse the tenant’s request.

Learn more >

Hannah Gill is re-elected as REIACT president.

Important industry body. Driving conversations with government and lobbying government to try to drive and change and consult on sensible legislation for investors tenants. Agenda in an article. .

Read more >

Get the heating system serviced.

This is the time of year when tenants start cranking up the heating. If your heating system hasn’t had a service in over 12 months, you could be facing some high costs if it breaks under pressure.

By high costs we mean anywhere from a few hundred to thousands depending on the system. And now that heating issues are included under legislation as an urgent maintenance call out, this will add to the bill. Remember property maintenance is a tax-deductible expense, so get it done now and claim it back at the end of the month.  

Hot tip: If the heating system is under warranty, you will typically need to be getting it serviced every 12 months to maintain the warranty.

Helpful articles for investors

Predictive insights were revealed at our Canberra Property Investment Evening.

After our sell-out event last year, we had our partners from Performance Property Advisory (PPA) come back again. PPA shared their predictive data and insights on property investment in Canberra and beyond at our Canberra Property Investment Evening last week.

Read more >

Property investment terminology, benchmarking, and improving your return.

We’ve put together easy to understand stats, facts and figures that any savvy property investor should get familiar with. To make life as an investor even easier, we’ve included some actions you can take if your property is not measuring up plus opportunities to look for if it is.

Read more >

Questions you should ask a prospective property manager, before you choose.

The property manager you choose will absolutely impact the performance of your investment. The question is, will they help you make and save money, or will they end up costing you money? Here are 12 questions you need to ask a perspective property manager.

Read more >