REINSW President John Cunningham said the March 2017 REINSW Vacancy Rate Survey saw the Sydney metropolitan market down 0.2 per cent at 1.7 per cent.
“Middle Sydney led the fall in rental accommodation on offer with a 0.4 per cent decline at 1.4 per cent, Mr Cunningham said.
“Outer Sydney fell 0.1 per cent at 2.1 per cent and Inner Sydney was down 0.1 per cent at 1.6 per cent.”
The Hunter also saw a drop of 0.1 per cent at 2.0 per cent with a 0.7 per cent correction in Newcastle at 2.0 per [...]
Facilitating the session was Justin Miller, Co-Owner and Property Management Director, who heads up the property management division at RE/MAX Regency on Queensland’s Gold Coast; with panelists Cushla Symons, a licensed real estate agent, experienced trainer and Property Management Team Leader for RE/MAX Regency; and Katie Knight who is widely recognised as one of the best property managers in Australia and owns RE/MAX Success in Toowoomba, [...]
In a statement to Elite Agent on Friday, an Airbnb spokesperson said: “Examining different parts of the market is standard operating procedure, and we don’t have any announcements to make.”
“Airbnb is growing in Australia and New Zealand, as well as right around the world, for the simple reason that our hosts provide guests with a more authentic way to experience places. Overwhelmingly, Airbnb hosts are everyday mums and dads, seniors and young people who occasionally list [...]
Rent’s chief executive Greg Bader said that including the current NBN status for each property listing was in response to demand from renters.
“Our customers have been asking for this. While NBN information is already available via the NBN website, it is a cumbersome process, and no one has the time to check each property individually. What we have done is taken public information and then presented it in a format that is easier to digest for our customers.”
Rent presents the data in two levels of detail, when a renter searches for property in their [...]
There is a requirement in most cases, that in the event of a tenant breaking their lease, that the landlord must take ‘reasonable steps’ to mitigate the tenant’s loss. So, where a tenant breaks their lease before the end of the agreement, they are normally liable to continue to pay rent until a new tenant can be found. Where a tenant stops paying rent, the landlord (property manager) can go to the Tribunal seeking an order for [...]
Rent.com.au’s February report reveals a significant spike in one capital city but a stable median rent across the country. The average metropolitan rent Australia-wide remained consistent at $430/pw.
Of the metro areas, only Adelaide and Darwin recorded a decrease in median rent. Hobart experienced a significant spike of 10 per cent, the [...]