Sales Agent Tim Woodham from George Brand Copacabana had a great start to the Spring selling season, selling 88 Del Monte Pl, Copacabana under the hammer for $1,205,000 on the weekend more than $300,000 above reserve.
“The Sydney market is slowing, not crashing”, according to RPData Core Logic’s Head of Research, Tim Lawless. Despite a seasonally strong result over the month of June, quarterly results show that values were only 0.8% higher in Sydney over the June quarter, which is down from 5% over the March quarter. Sydney’s annual rate of growth has eased from 15.9% three months ago to 13.7% over the twelve months ending June, 2017. 
You don't have to be stuck with dodgy decor or boring bathrooms - there are easy solutions to make your rental feel like your own.
Depreciation is one of the best tax breaks available to property investors, but you’ll need a depreciation schedule in order to claim it.
You’ve been pre-approved for a mortgage, now the fun begins…the property search! With so many different property types to choose from, it’s hard to know what is going to be the best choice for you and your family.
If you were anywhere along the east coast of NSW over the weekend, you would have experienced the massive storm front that hit which brought with it huge king tides, torrential rain and wind gusts of 100 km’s per hour!Avoca and Terrigal Beach's were a mass of huge waves and dangerous currents blowing in from every direction and suffered severe erosion, streets were littered with fallen trees and debris and hundred of homes fell victim to leaks and flooding and required the assistance of the SES.
Was your investment property damaged in the recent storm? So what happens if your investment property is partially or totally uninhabitable?
What can you and your tenant do if the property is partly uninhabitable.
If the property is only partly uninhabitable your tenant may make the decision to stay in the property while the repairs are being carried out. This should only be considered if the damage is relatively minor and there is no ongoing safety risk.
Regardless of whether they move out temporarily or continue to live in the partially damaged property it is your responsibility for maintaining the property, including cleaning or clearing any debris caused by a storm, fire or flood. The rent may need to be reduced. The level of rent payable will depend on the extent of the damage and the amount of use they have of the property. Any agreement in these situations should be put in writing, including how long and how much the rent will be reduced.