With the new financial year here, now is the time to plan for those necessary improvements to help achieve your current rental return, or help to achieve growth. Modern flooring, new paint, updated heating and cooling, new oven, or even a kitchen or bathroom upgrade will contribute to keeping your property in line with market demands. Tenants styles have changed and most are looking for …
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Negative gearing is being debated in the media spotlight at the moment, however it still stands as a legitimate tax reduction positive for property investors. Here’s a run down on the pros and cons of Negative gearing. Negative gearing is the process of adjusting the borrowing on a property so that annually the property operates as a financial loss, which can be used to reduce your …
Continue readingFitzpatricks Real Estate continues to achieve a lower vacancy rate than the average for the Riverina. This gap is increasing coming in to the cooler months, with our vacancy rate dropping to nearly half of the average of the region.
Continue readingYou can be confident that our office understands the importance of rental returns on your investment and for this reason we are constantly monitoring the market rent on your behalf. When a tenant vacates or a tenancy agreement is renewed, we automatically carry out fair market rent reviews to ensure that we are maximising your income. If a rent increase is justified we will discuss …
Continue readingFitzpatricks vacancy rate continues to be consistently lower than the total REINSW average for the Riverina.
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