Any owner of an income-producing investment property is eligible for significant taxation benefits. Despite this fact, according to the Chief Executive Officer of BMT Tax Depreciation, Bradley Beer, 80 percent of property investors are failing to take advantage of property depreciation and are therefore missing out on thousands of dollars in their pockets. “Property investors often assume they are ineligible or that it is not …
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As of January 30, 2017, residential tenancy laws came into effect to stipulate that the service of Rental Bonds Online must be offered to new tenants as the first option for lodgement of their bond. At Fitzpatricks, we have been utilising this system for some time, enjoying the efficiency and time-saving benefits it brings to both parties. Rental Bonds Online helps tenants, agents and private landlords to …
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With 2016 the hottest year on record and the scorching summer temperatures predicted to continue, there’s no doubt air-conditioning is an essential. Wagga Wagga is known for its extremes in weather – contrasting very hot summers with freezing cold winters. Year round comfort is an essential thing both buyers and renters are looking for, and it can certainly be a deal breaker, so it helps to have …
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The Fitzpatricks Report for the 2016 Financial Year has been released and includes some interesting statistics from residential sales, property management and commercial. It is the only full and comprehensive report primarily aimed at providing you with the latest Wagga Wagga market data and knowledge to help you identify where potential real estate growth exists, including comparable data from NSW and capital cities. The report …
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Our Property Management team have had an extremely busy month, leasing 59 properties in August. In addition to this, Fitzpatricks’ vacancy rate has hit an all-time low of 0.89%. With spring now here, properties are moving faster and we are currently looking for more rental properties to meet tenant demands. With the latest technology and a dedicated leasing team, we are ready to be of …
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