Posts Tagged ‘Property Tips’

Rental Properties: Repairs Versus Improvements

If you own an investment property knowing the difference between a rental property repair as opposed to an improvement is essential, in particular when it comes to boosting the returns of your property and maximising tax benefits. The Australian Taxation Office (ATO) has cracked down on property owners after receiving a multitude of incorrect claims; and they treat these two terms differently.
What counts as Repairs and Maintenance?
The easiest way to … Read the full post »

Smoke Alarm Changes Looming!

Just a reminder that the Queensland Government changes regarding the rules for smoke alarms for both tenanted and owner-occupied properties come into effect from January 1, 2022.

From January 1, 2022, at the commencement of a new lease or at the time of a renewal, installed alarm units MUST meet the requirements of the updated smoke alarm legislation; the alarms must be to Australian Standard 3786-2014, and units aged 10 years … Read the full post »

Storm Proof Your Home

With summer on the way we have already experienced an introduction to the storm season over the past few weeks; and no doubt there’s plenty more to come.

Below are a few tips to help you storm-proof your home, minimising damage as well as reducing the likelihood of requiring emergency help in the aftermath of the havoc that summer storms can wreak!

Survey the Area: ensure that any tree branches close … Read the full post »

Moving home? Here are some helpful tips

Moving home can be both an exciting and busy time and as such, it can be easy to miss some things on that ever-growing to-do list. Below are a few things to remember:

Organize your Insurance

It is important to note that depending on your state’s regulations, you may need to organize your home insurance before the settlement date.

Taking out the proper insurance early ensures that one of your greatest … Read the full post »

Energy-Efficiency at Home

These days we are all more conscience of energy consumption, not just its costs but also the wider implications and impact on the environment.  It doesn’t take much to incorporate eco-friendly habits into our daily lives and save some cash at the same time.   Below are a few simple tips on how to lower your carbon footprint.

Electricity: Maximise Efficiency, Minimise Use

One of the biggest ways we can make change is … Read the full post »

Buying Your First Home: 6 Useful Tips

There can almost be nothing more exciting than purchasing your first property; but along with the adrenalin can also come some trepidation – it is a huge financial commitment, the biggest most people make in a lifetime.

Below we have outlined some useful tips to prepare yourself and as a consequence make the process less stressful and daunting, and much smoother.

Pre-Approval: Once you’ve made the decision to enter the market, … Read the full post »

Easements Explained

When buying real estate, particularly for the first time, you sometimes come across some unfamiliar terms, one of them being ‘easement’; we get frequently asked about easements and what they mean.

The legal definition of an easement is “the right to cross or otherwise use a portion of someone else’s land”.   Sometimes the easement is perhaps land that contains essential services; buyers can usually find the necessary information on the location … Read the full post »

Apps to Help you Save Money!

Saving for a house deposit is certainly not easy, particularly in an environment of rising property prices and low wage growth; budgeting is a ‘must’ and there are various ways of doing this from the old-fashioned writing down a checklist or setting up a spreadsheet…and now there are also a number of apps available to assist you to save.

Quite a lot have emerged in recent years, and each adopt a … Read the full post »

Investment Property: Tax Deductions

Well, we are now six weeks into a new financial year, which means (if you haven’t already) it’s time to think about submitting your tax return.  If you are an investor with a rental property (or properties) there are deductions you can claim for against some of the expenses you incurred during the past financial year.

It is important to note you can only claim deductions for expenses that relate to … Read the full post »

Indoor Plants: Why We Need Them!

There are many benefits to keeping indoor plants, not only do they enhance the overall appearance of a space and add some personality and warmth into a room, but they have many other benefits including making us feel good!

Below are seven benefits of keeping indoor plants:

Reducing stress levels – studies have found that plants in your home or office can make you feel more comfortable and relaxed.
May sharpen … Read the full post »

Buying Your First Investment Property

With interest rates remaining at historic lows and rental yields at historic highs, an increasing number of people are considering becoming ‘first time’ property investors.  With soaring house prices, many people have had a substantial equity-boost, simply by way of the market forces, and this increased equity can be borrowed against to invest in another home.  There is also a growing movement of non-homeowners choosing to invest and buy their … Read the full post »

FOMO – Fear of Missing Out

Many parts of the housing market are experiencing low levels of stock; hence the increased prices we have been experiencing, particularly in key lifestyle areas such as the Sunshine Coast.  So, whilst your own home’s value may be rising, so too is the likely value of any property you will purchase after you sell.

Eventually, more supply will come onto the market and the frenzy will abate somewhat; but until that … Read the full post »

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