Many who are planning to invest properties enter into the situation with the attitude that they know there are problems with the property and that is why they are purchasing the property. For instance, if there were obvious signs of plumbing problems that could result in a leak behind the wall, you wouldn’t want to […]
Perth tenants were active during the March 2019 quarter, with reiwa.com data showing leasing volumes surged nine per cent in the first three months of the year. We, at Smart Realty, have been busying with our Property Management division. Median rent Perth’s overall median rent price held at $350 per week for a ninth consecutive […]
A property’s exterior is usually the first thing people notice. Curb appeal attracts potential tenants, persuades them to look more closely at your rental home and will show if it has been properly maintained. It can also add that special touch that makes it a home, instead of just another property. Maintain the landscaping When […]
A good property management firm can easily become one of your greatest assets, second only to the properties that they steward on your behalf. That said, your property manager will make critical decisions on your behalf making it extremely important that you do your homework during the hiring process. Here is a guide to design empowering […]
Landlords continue to increase rents in capital cities across Australia despite the significant downturn in the property market, according to a report by news.com.au. Data from rent.com.au showed that that the rise was mostly observed in Melbourne and Sydney, where the drop in market price has been very apparent. Rent in Sydney and Melbourne units […]
Seven suburbs from within the Perth region dominated the list of the top 10 most popular suburbs in West Australia among tenants over the past year. Those included in the roster logged lower vacancy rate and higher median rents, according to Real Estate Institute of Western Australia’s (REIWA) data. The report showed, though, that areas […]
Forty-nine per cent of sales occurred below $500,000 in February, according to the latest reiwa.com data. REIWA President Damian Collins said while CoreLogic’s Home Value Index showed prices in Perth had declined 1.5 per cent to $438,952 in February, reiwa.com data shows the composition of sales during the month favoured the lower end of the […]
There’s finally some signs of rental markets improving. Normally at this stage of the property cycle, when house and apartment prices are languishing or falling, rental markets tend to thrive and rents increase. However this time round, in part due to an oversupply apartments in many locations, rents have been holding steady and falling in the […]
You can be blacklisted as a renter without even knowing it. Being put on one of these tenancy databases could mean you’re blocked from renting for years. These databases are run by private companies and accessed by landlords and agents who report so-called “bad tenants”. Many renters are reluctant to share their story for fear […]
At its first meeting for 2019, the RBA decided to keep the official cash rate at 1.5% where it has remained since August 2016. In explaining the RBA’s move today, Governor Philip Lowe says the slowdown in the housing market is having an impact on both buyers and renters. “The housing markets in Sydney and […]
