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.
May 1 – May 30 2021
Vacancy rate
Visitors
through open homes
New tenants signed
Average rent
ACT median house price
ACT median unit price
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.
If a tenant requests a pet, a lessor cannot unreasonably refuse the tenant’s request.
Learn more >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 >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.
The rental crisis sparked by thousands of overseas students and workers returning home because of the pandemic has been turned on its head, creating fresh opportunities for experienced and first-time investors. Check out our basic explanation of the yield concept so you can be more informed in discussions with your financial adviser.
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The ACT Lockdown announced in August-21 didn’t deter the keen buyers and sellers from their property plans. Confident sellers went ahead and took advantage of the heated market, while keen buyers continued to compete due to heightened demand and competition to secure a property. Here are eight common-sense reasons to act now.
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Buyers and sellers are asking how the pandemic and the lockdown in Canberra is having an impact on prices after a 12-month period in which time the median value cracked the 1-million-dollar mark.
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