By Gemma Crotty All NSW renters can now access the state’s Smart Rental Bond scheme, designed to move their existing bonds to new properties to ease cost of living pressures. The NSW government’s Smart Rental Bonds scheme has now been rolled out statewide, enabling renters across all suburbs to transfer their bonds when they move properties.Last month, the first phase was rolled out across...
By Mathew Williams The NSW government has begun testing a new system that will enable tenants to transfer bonds between properties, saving them thousands of dollars while maintaining landlord protections. The NSW government has begun testing its new Smart Rental Bonds (SRB) system, allowing tenants to transfer their existing bond to a new property, saving them thousands of dollars.Under the...
By James DrakeWhen it comes to property investment, the fine line between a good return and a great one is often in the details. Having watched trends come and go – and seeing investors make bad calls on updates – I can assure you that not all home improvements are created equal. If you want to maximise your value, it’s time to move beyond just the basics and start getting strategic. The...
By Emilie Lauer Half of Australian property investors sell their rental properties within the first two years, despite a study showing that long-term holding is more likely to build wealth. A new study has shown that Australian landlords tend to sell rather than hold their investment properties, with over 20 per cent of landlords selling within a year, and more than half of investors holding for...
As the federal election nears, property investors are once again facing negative commentary for "cashing in" while in reality, two-thirds of Australian landlords are experiencing negative cash flow according to the Property Investment Professionals of Australia (PIPA) Annual Investor Sentiment Survey 2024. READ...
Have you considered leasing out your investment property furnished? When you furnish a rental property, the furnishings become part of the Division 40 plant and equipment assets allowing you to claim depreciation deductions for the wear and tear of the furniture over their effective lives, reducing your taxable income. READ...
Major changes to rental laws in NSW will come into effect on Monday 19 May 2025 The reforms were developed following extensive public consultation with renters, landlords, real estate professionals and industry bodies. Key changes to note for Landlords & Tenants: Ending a tenancyLandlords must provide a valid reason to end a tenancy. This ends ‘no-grounds’ terminations for renters on both...
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