Top 10 trends when building a new house. The property market has been in high demand in recent months. Many investors and owner occupiers have been taking advantage of various government stimulus packages and buying various types of properties in different locations. At Crest Property Investments we have seen some common trends with what people are looking for when building a house and land...
How to calculate rental yield. When buying an investment property, investors review the performance of their asset in three ways. These are income, capital growth and tax effectiveness. Understanding the rental yield is among the most important factor when considering a purchase. In this market insight we discuss what a rental yield is, how to calculate it and what is deemed a good return. What is Rental...
Here are some famous property investment quotes from some of the most successful people in the world. "Tough times don’t last. Tough people do" Gregory Peck - American actor. "The best investment on earth is earth." Louis J. Glickman - New York-based real estate investor and philanthropist. "As people seek to improve their living environment, there will be continuous demand for residential...
Not all landlords require a cleaner, but some see great value. This may be because you are leasing out your own family residence while on holiday or work visa. It may also be an expensive property that requires higher maintenance. Either way, some landlords employ a cleaner to ensure the property is in great condition while also being able to increase the rent. There are many benefits to hiring a cleaner...
The National Disability Insurance Scheme (NDIS) is an incredible initiative and also an eye-catching investment opportunity. It is supporting a better life for hundreds of thousands of Australians with a significant and permanent disability and their families and carers. It also reduces the number of younger adults having to go into some form of aged care. Having NDIS will offer many people the...
The power of hindsight... If we all wanted magic powers, no doubt this would make most people's top 10! When it comes to buying property, the power of hindsight is often brought up by prospective clients who happen to be unable to make the 'plunge' of buying an investment property. This is for good reason, as property investment is likely the most expensive asset you'll own while it may come with a 25 -...
If you own a property that features an owner’s corporation, you’ll soon learn that it holds an annual general meeting (AGM). An owners corporation will discuss many matters from maintaining surplus cash to covering costs such as building insurance premiums, garden, and waste management to name a few. They are required when a property features common property areas such as driveways or a car...
It’s that time of year again... Tax time for property investors. As the end of the financial year fast approaches, this is the ideal time to discuss some tax planning strategies with your accountant. Owning an investment property is a rewarding experience, but it doesn't just come in the way of capital growth and rent. There are many tax entitlements that you should be aware of. Planning ahead will boost...
There are some new changes to the Residential Tenancies Act scheduled to take effect on the 29th of March 2021. In the market insight we offer you some important amendments that may impact you and your investment property. Before making an informed decision, we encourage you to discuss your personal circumstances with your property manager in advance. Here is a summary of the new changes to take...
If you plan to be a successful property investor, you'll need to quickly create a mindset that investing in property is not a hobby. Establishing a property portfolio should be treated similar to a business. If you are new to investing this market insight will highlight the important aspects to investing better. Owning an investment property can be very rewarding by offering a passive income through rent,...