Archive for the ‘Renting’ Category

3 things every tenant should know

Renting can be an affordable way to live, especially if you’re saving up to buy a house. But when you’re a new addition to the rental market, you might not aware of all the ins and outs of leasing an apartment or house. So what are some important things to know? Here a few tips to tuck away for … Read more »

Sydney’s rental market strong

With the Reserve Bank of Australia’s latest cash rate cut still fresh in the minds of investors, new research from CoreLogic RP Data is likely to provide further incentive┬áto purchase property in Sydney. In its April Rental Review, CoreLogic analysis found that while rental growth is moderating across the country, homes in the Harbour City have posted some of the … Read more »

The outer fringe is in for investors

In a year of disappointing rental returns for Sydney’s traditional boom suburbs, there is a shining light as the new year progresses. According to a CoreLogic RP Data report for 2014, regions on the outer fringe yielded encouragingly high returns on houses for investors, pointing towards a profitable 2015 for those looking to explore options beyond the city limits.

With 66 … Read more »

A brief guide to becoming a tenant

Rather than becoming home owners in their own right, many Australians elect to become tenants and rent out another’s property. The reasons for this can range from financial motivations to lifestyle wishes.

If you’re set on taking this course, it helps to have some common points of confusion sorted out. Here is a short guide to what you need to know … Read more »

How can I improve the energy efficiency of my property?

Energy efficiency is high on the agenda for many people at the moment. With electricity and gas bills rising, it’s hardly surprising consumers are becoming more environmentally concerned.

This is where energy efficient property really has the chance to come into its own. If you can showcase that your property has environmental credentials, finding tenants and buyers could become a whole … Read more »

Rental vacancies in decline

Residential rentals are a popular choice with investors, especially when it comes to capital city markets.

These can typically be difficult places for first-time buyers to make their move onto the property ladder, which often means they end up renting property instead.

This opens up a host of opportunities for investors, as they can make the most of this sustained demand and … Read more »

Calling all tenants: Rents flat in Sydney

The latest RP Data Quarterly Rental Review may have some good news for renters in the greater Sydney area. While the annual rate for units and houses increased by 1.3 per cent nationally, rents for houses in Australia’s capitals showed a striking 0 per cent growth.

Indeed, when looking at Sydney in particular, New South Wales’ capital saw only a 1 … Read more »

Sydney outpaces other capitals in market growth

Sydney has again demonstrated why it’s such a great location for┬áproperty investment, with the release of the RP Data-Rismark June Hedonic Home Value Index.

The Harbour City posted the highest home value growth out of all the other capitals, with a 15.4 per cent year-on-year increase in dwelling values. Its median dwelling price currently sits at $690,000, according to the report. … Read more »

Sydney health infrastructure receives huge investment

Sydney has made a major gain from the recent New South Wales state budget, with a major improvement to its health sector in the works.

The construction of five new ambulance station hubs is planned to take place across greater Sydney, a project that will cost $150 million in total. An initial burst of $24 million of funding will come from … Read more »

Tenants to find opportunities in Sydney

The latest Real Estate Institute of New South Wales (REINSW) Vacancy Rate Survey has good news for anyone planning on moving into the city.

Residential vacancy rates in the Harbour City rose for a second consecutive month according to the May 2014 survey. Properties available for rent grew by 0.2 per cent to reach a total of 1.9 per cent.

Middle Sydney … Read more »