First National Real Estate Chief Executive, Mr Ray Ellis, says investors are finally starting to realise the potential of housing affordability schemes, such as the National Rental Affordability Scheme (NRAs) and Defence Housing Australia (DHA) projects, but warns caution is still required.
While much has been made of rising rents and limited vacancies, the rate of growth in weekly rents is certainly slowing.
Australians continue to invest in property as a proven path to long-term financial security and the summer months bring increased rental relocation activity, particularly in the early months of the new year. However, many landlords and property investors neglect to protect their valuable asset by taking out appropriate insurance cover.
SQM Research shows landlords continue to hold the upper hand, after the average vacancy rate fell to 1.8% in August. This means there are now 2,127 fewer vacancies per month nationally.
The unfortunate truth is that drowning can happen at any property if appropriate precautions aren’t taken.
Do you want to make your home more environmentally friendly but are not sure where to start, or whether it’s even worthwhile?
If you’ve wondered whether you’re ahead by renting or better off buying, consider these statistics.
We’re all emotionally attached to the family home so making the decision to rent it out can be fraught with difficulty for some.
You might not be aware but if you’re planning on leasing a property and sharing it with friends, don’t expect your insurance company to be all that thrilled
Responsible pet owners typically work hard to ensure their pets don’t annoy neighbours and don’t do any damage to their rental property. They know that one black mark against their name means they will find it much more difficult to rent in future, or worse, they may have to surrender their pet to be euthanised, if they can’t find a suitable property.
