Blog

Vacating your rental property

Saturday 18 May 2019

Thinking of moving out? There are a couple of key things you need to take care of to finish up your tenancy without any unnecessary complications. Firstly, you need to issue your vacating notice. If you're intending to leave just after your lease is up, you need to provide the notice required in your state. if you want to move out before your lease is finished, there may be some complications to work through with your property manger - including some potential additional costs for breaking the l ....

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How To Calculate Rental Yield in 4 Easy Steps

Saturday 04 Aug 2018

Knowing how to calculate rental yield is essential when purchasing the property. Calculating rental yield will help determine whether or not your prospective purchase is financially viable. “If you don’t calculate rental yield, you could be at risk of making an investment that isn’t as lucrative as you initially thought” advises Online Real Estate Agents Principal, Majid Mokhtari … “This is why it’s important to not only calculate your gross rental yiel ....

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5 Things You Need To Know About Claiming Tax Depreciation on Your Property

Saturday 04 Aug 2018

What is tax depreciation and how can you claim it on your investment property? Well, firstly we need to fully understand what depreciation actually is in order to know what we can claim. Our friends at BMT Tax Depreciation have lent a helping hand to share their expert knowledge. BMT defines depreciation as “a deduction the owners of any income-producing property can claim. This is related to the wear and tear which occurs to the building structure and the plant and equ ....

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June Market Update

Wednesday 27 Jun 2018

Following sustained increases in property values for many years, we have finally experienced a more level playing field for buyers and sellers since January 2018.It is often the duty of the press to report either negatively or positively about the property market. At the moment it may be perceived by the general public that we are in a rapidly declining market as auction clearance rates have been typically around 50%, but let’s put this into context. For the last 5 years, we have witn ....

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Zetland, New South Wales

Friday 25 May 2018

Zetland is an inner-eastern suburb of Sydney, New South Wales, Australia 4 kilometers south of the Sydney central business district, in the local government area of the City of Sydney. Zetland is a largely industrial suburb with medium- to high-density residential areas. Zetland is part of the Green Square district which is currently undergoing gentrification. This involves an urban renewal project that is const ....

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How the East Village Shopping Centre changed the game for Zetland property

Friday 25 May 2018

Vincent Cheng is looking for a $1.5 million first home and he has his sights fixed on the high-rise heaven at Zetland in Sydney’s inner south. “I love this suburb very much,” the 26-year-old finance and accounting graduate said, looking back towards the city from the terrace of the ninth-floor three-bedroom penthouse that was set for auction on Saturday. “I’ve looked around Randwick, Moore Park, Mascot, and Rosebery, but nothing compares with thi ....

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Downsizing Contributions Into Superannuation

Wednesday 11 Apr 2018

          From 1 July 2018, the Australian Government will introduce the “Contributing the proceeds of downsizing into superannuation (downsizing)” measure. This measure is part of a package of reforms to reduce pressure on housing affordability in Australia. From 1 July 2018, if you are 65 years old or older and meet the eligibility requirements, you may be able to choose to make a downsizer contribution into your superannuation of u ....

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What is a s66W Certificate?

Saturday 10 Mar 2018

When buying or selling a property, you will hear about Section 66W Certificates. In New South Wales, the practice of entering in to a contract to buy a property is called “exchange”. As a general rule, when the vendor and purchaser have agreed on the price and various conditions, they exchange contracts. The agreement then becomes binding upon the parties. The purchaser, caught up in the exuberance of the transaction might be keen to exchange contracts and exclude other interested bu ....

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How to Calculate Rental Yield

Tuesday 06 Feb 2018

If you are considering investing in property, “rental yield” is a term you have probably begun to notice popping up into conversations and readings around assessing a property’s investment potential. Here are some basics to help you understand what rental yield means and how to calculate it. The property investment dream is to secure a high yield abode in a location that delivers large capital gains, a strong rental return and low management and maintenance costs. Whilst renta ....

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Can Heritage Features Really Increase The Value Of Your Property?

Saturday 20 Jan 2018

Let’s face it – there’s something particularly captivating about heritage features. We’re talking high ceilings, ornate tiling, timber windows, quality craftsmanship and original floorboards – the small details that add charm, character and historical appeal to a home. If you’re lucky enough to have these period features in your property, you might be wondering whether they’ll help when it comes time to sell. In Sydney, the outlook is largely positive. L ....

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