The so-called ‘Rent Fair’ legislation, which will be introduced into the Victorian Parliament this week, has the potential to deplete Victoria’s rental housing stock, which is worth $519.2 billion, as landlords pull their supply from the market. The Victorian Government’s attacks on property owners are unfathomable: these are usually mum and dad investors or young people trying to get ahead, not property mogul ‘fat cats’. Figures from the Australian...
Would you like to get more out of your investment? Renovating your property is an easy way to get more rent, a better quality tenant and an increase in capital growth in a reasonable quick time frame but rrenovating a property is never an easy task. Have you ever considered this and would you know where to start? For your kitchen we recommend the use of a glass splash back rather than tiles. It means less up keep with re-grouting and the issue of the staining of the grouting behind your...
Homes zoned for some of Melbourne’s top performing public schools are delivering six-figure dividends for property owners, compared to neighbouring homes outside the catchment. New REIV data shows the median house price in highly sought after public school catchments are up to half a million more expensive than homes that border the zone. In the year to June 30, the largest price difference was recorded for homes located within the catchment area for South Yarra Primary...