News

October 31, 2018

How to lease a property within 7 days

Last week we listed a new property for lease. What's so special about that you ask? Well, it was a timely reminder about the 7 p's: Proper Preparation, with Professional Photography Provides Peak Performance. Ok, well I made that up just now, but to us, I believe it rings true.

This is the timeline in how it developed;

  1. Thursday - received call from our accountant that their sister has an investment property to lease out
  2. Friday - met with Property owner and agreed...

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June 20, 2018

Q) WHAT IS THE RENTAL MARKET LIKE IN SYDNEY AT THE MOMENT?

Q) WHAT IS THE RENTAL MARKET LIKE IN SYDNEY AT THE MOMENT?

A) TOUGH!

Every year, Winter brings its challenges, people are hibernating and inspections are not as well attended as the warmer seasons - especially when weekends are wet. 

This year, having 1-2 people coming through an open is becoming 'the norm' and there is diminishing urgency from prospective tenants. Furthermore, it's a tenants' market with offers coming in below the asking rental price along...

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May 23, 2018

HOW TO GROW YOUR PORTFOLIO?

At Elevate Property Group we are faithful to our tag-line, "Your Investment. Our Priority."

With this in mind, we are excited to introduce you to Strategic Investor Group who are the experts at creating wealth through property.  As a valued client or as a member of our database, we believe that they can help you achieve your property goals.

Did you know, and according to the ABS, that investment property owners generally stop at acquiring 1 (one) property?...

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February 08, 2018

Q) IS IT WORTH BUYING A RENOVATOR AS AN INVESTMENT?

A) This is a broad question where you need to take into consideration many aspects such as depreciation, ROI return on investment, borrowings, etc.

There is good money to be made if you buy right and renovate within a budget that has an outcome of a fair sale price for the area.

It is important to take your time and research the area/market over a 3 month period to determine the lower and upper scale, average or medium sale prices for the...

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January 12, 2018

Good tenants are like gold - look after them and they look after your bottom line

We will give you 5 good reasons to look after your top-quality tenants.

1. Known quantity - they are known to you, as in their past behaviour is a good indicator of future behaviour. Who knows what you will get if you seek to obtain new tenants.

2. Less wear & tear - as they wont be moving out and someone moving in, it reduces the chips on walls, scratches on surfaces and general wear and tear which is inevitable...

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November 23, 2017

OWNERS ROLL CALL - WHAT DO TENANTS WANT?

5 KEY POINTS TO MAKE YOUR INVESTMENT PROPERTY STANDOUT

Before we get started, we just want to say that a better quality property will 9 times out of 10, attract better quality people in your property, thus, having stable, enjoyable and hard working investment. 

1. COMPETITIVE RENT

Pricing your property is what we are paid to do. Our recommendation is backed by experience, what's happening in the market, looking at comparable rents in the suburb, the street and even the building to accurately...

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October 16, 2017

HOME REPAIRS & RENOS

HOME IMPROVEMENTS AND RENOS ON THE RISE:

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Home repairs and renovations continue to surge in popularity.  Close to 8.4 million (or 62%) of the country’s 13.6 million homeowners carried out some kind of renovation work during the last 12 months, up from 7.5 million (57%) three years earlier.* Roy Morgan Research


Many landlords...

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August 10, 2017

INVESTMENTS & SEPARATION

DEALING WITH AN INVESTMENT WHEN SEPARATING:

Divorce is never an easy subject to discuss. If you or someone you know has recently divorced or are going through the separation process (and you own property) then you are going to have to determine how to administer or divide your shared ...

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August 10, 2017

JOINT TENANTS OR TENANTS IN COMMON?

When you decide to purchase property with someone else, be it a significant other, family member or a group of friends, you have the choice between a ‘Joint Tenancy’ or a ‘Tenancy in Common’;

 Joint Tenancy:

In a Joint Tenancy, each investor in the property has equal shares and equal responsibilities, regardless of how much they put towards the home deposit or...

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August 03, 2017

SNAPSHOT - ELIZABETH BAY

A stone’s throw from Potts Point and Darlinghurst - Elizabeth Bay is a fantastic location for Sydneysiders who love the convenience of city living, with the spectacular bonus of harbour views. With only 12 houses in the suburb, the proliferation of apartments is reflected in the statistics. (If you're in the market for an Elizabeth Bay house – and you can afford it – I wouldn’t be too concerned about the statistics below – you’ll find it always in demand );

 

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