In light of the new rental reforms from the Andrews Government, tenants will soon have more freedom over adopting four-legged friends while living in rental properties. However, just because you’re able to get a pet in a rental property, doesn’t mean it’s the right thing for your lifestyle. In this blog, Think Property address 5 […]
After being announced for the first time in 2017, the Victorian Government’s Rent Fair Victoria agenda has since been passed in Parliament, resulting in a dramatic change to the Residential Tenancies Act. In today’s blog, Think Property & Co explain the rent reforms in more detail. Rental Security The new RTA stipulates that landlords must […]
Many of us rely on our cars to get around, but how much do we rely on a parking space as part of our digs? Investing in a property with a parking space could mean the difference between hundreds or thousands of rental dollars each year – providing you buy in the right place. In […]
An idea that many thought would fall flat has changed the face of the real estate and holiday accommodation market, becoming a household name in the process – we’re of course talking about Airbnb. Having shot to popularity since its launch in 2008, Airbnb is now home to more than 4 million property listings. So, […]
As a landlord, it can be difficult to know when it’s time to make improvements to your rental property. When your asset is tenanted, it might seem an invasion of privacy to carry out improvement works – but of course, you want to avoid lengthy vacancy periods. In today’s blog, Think Property & Co explain […]
A mate from work says his old pal has an off-contract room going in their share house in Fitzroy. It’s a great location, close to work, and you don’t have to worry about a bond, signing a contract or applying to the agency – sounds great, doesn’t it? No, not really. In today’s blog, Think […]
As a landlord, you’re handing over your investment asset in exchange for a weekly sum– you’re supplying housing to a market that’s demanding it. The rental market itself determines how much you can reasonably lease your property for – which is why it’s essential to research rental demand in the area of consideration before buying […]
Hello and welcome to the final Think Property & Co blog of 2017! What a year it has been. As we plan for an exciting year ahead, we’re bringing you all the need-to-knows of property ownership for 2018. Vacant Residential Land Tax In a bid to address the housing supply shortfall in Victoria, the Government […]
Being a tenant is great. If something breaks down, the cost and responsibility lies with your landlord. You’re not tied down, and you can move somewhere bigger/smaller/cheaper/plusher in line with your income and lifestyle – it’s ideal! The only downside is: you’re living in someone else’s property. You’re paying down their mortgage, and ultimately, the […]
The Reserve Bank of Australia has released a research paper examining how life post-GFC has affected housing affordability for first home buyers. Despite the intimidating heft of this paper, the study is remarkably interesting and reveals surprising insights into first home buyers behaviours. This is a Think Property & Co blog not to miss! The internet is rife […]