The Blog

Median property prices over the last year range from $377,500 for houses to $240,500 for units. Last month Mareeba had 10 properties available for rent and 73 properties for sale. If you are looking for an investment property, consider houses in Mareeba rent out for $400 PW with an annual rental yield of 5.7% and […]

The great debate: Fair wear and tear versus damage What’s the difference between ‘wear and tear’ and ‘damage’? It’s a question that can be the source of frustration between landlords and tenants. We cover all the details here to help avoid confusion… ‘Fair wear and tear excepted’ is a phrase you’ll often see in residential […]

Are you thinking about selling your tenanted investment property? When selling a tenanted property, it is important to carefully manage the communication process with the tenant/s as they can often feel unsettled that their privacy and quiet enjoyment have been affected. Engaging your managing agent to sell the tenanted property will significantly assist with the […]

We are currently going through one of the most challenging property market conditions in more than two decades. Property investors are navigating ongoing inflated interest rate rises, the need for affordable rental properties is increasing, and tenants are therefore facing rental increases where they are struggling to pay weekly rents without the offset of increased […]

Property investors need to know that a tenant can arrange for a suitably qualified person to make emergency repairs to a rental property: (1) if they are unable to notify the managing agent or nominated repairer of the need for emergency repairs or (2) if they have given notice that emergency repairs are needed, but […]

December/January can be trying months for rent arrears. With Christmas comes presents, with presents comes spending, and with spending comes no money, resulting in tenants overlooking their rental payment commitments. We have been advising tenants to pay a little extra each week leading up to Christmas to avoid a rent arrears situation. However, no matter […]

IS ONE OF THESE YOURS + A BONUS? 1.  Spend more time with family/friends 2.  Exercise more/weight lose 3.  Help others 4.  Quit smoking 5.  Enjoy life more 6.  Set new goals 7.  Learn to makehealthy dinners 8.  Get out of debt 9.  Learn something 10. Travel 11.  Establish a budget

Maintaining an investment property can often be overlooked when we get busy. Following is a checklist outlining necessary preventative maintenance checks and inspections that must be undertaken once a year to protect you and your investment property: CHECKLIST * • Dishwasher and washing machine hoses are to be inspected to reduce pipes from bursting and property […]

It comes as no surprise that Queensland’s tight residential vacancy rates have not shown any substantial signs of easing over the September quarter 2022, according to the Real Estate Institute of Queensland’s (REIQ) latest report released today. At the Queensland Housing Summit held last month, which highlighted the serious housing supply shortage plaguing the state, stakeholders conceded […]

The Real Estate Institute of Queensland (REIQ) says it’s a relief that the Queensland land tax regime was officially repealed with an amendment moved in Parliament yesterday. REIQ CEO Antonia Mercorella congratulated the state government for making the move to stop the controversial reform before it came into effect, saying it was the right decision […]

We are currently experiencing challenging times across the nation, from natural disasters such as storms (including lighting strikes), fires, floods and, on a more global scale, earthquakes, tsunamis, and everything in between. Now is the time to review your insurance policy and coverage. What does it cover? Have you read the fine print? When researching […]

When it comes to protecting and caring for your home (which is often one of the most significant assets we will invest in during our lifetime), you want to makesure that you don’t take shortcuts in the upkeep of the property. When managing maintenance requests on behalf of our landlords, we often hear them say […]

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Did you know that as part of the 2022-23 Federal Budget, the Government pledged on 25 October this year to introduce the National Housing Accord, a landmark agreement to address one of our nations most significant economicchallenges, the supply and affordability of housing? The Government stated that it would align for the first time with […]

Carrying out any work on a property needs to be carefully considered. Whether replacing a hot water system or building an extension onto the home, you must follow a simple checklist. Get three quotes. Check the tradesperson’s license, registration, and insurance details. Get the works in writing; no job is too small to specify the […]

Often, a rental property will include appliances such as a dishwasher, dryer, air conditioning or a garbage-disposal unit, to name a few. If an appliance was to break down or attract a considerable repair cost, investors can sometimes suggest that they wish to dispose of the item without any replacement. However, beware! When a tenant […]

As the landlord, you are our number one priority and have the final say. As your managing agent our focus is to keep you updated on what is happening with your property. We will present you with the facts and then take your instructions. It is essential to keep updated on legislation requirements and know […]

Did you know that there are more than 6,000 depreciable plant and equipment assets recognised by the Australian Taxation Office (ATO), where investors can claim deductions? While we cannot list all 6,000, we thought that it would assist our investors to highlight the most common items found where you can claim depreciable-deductions in addition to […]

The property market’s fastest upswing on record, accompanied by a rapid increase in housing credit and highly elevated sales volumes has significantly supported Australia’s post-pandemic economic recovery. CoreLogic’s latest Economic & Property Review explores the major housing market trends to the end of November 2021, providing a national overview of the $9.4 trillion sector’s performance within the […]

Queensland’s property market continues to defy COVID-19 predictions, with median house prices rising yet again for a second consecutive quarter for much of the State. In fact, according the latest Queensland Market Monitor published by the Real Estate Institute of Queensland (REIQ), not one single region recorded a reduction in median house prices over the July-September […]