Buying an investment property continues to be one of Australia’s favourite ways to invest. An investment property should be about increasing your wealth and securing your financial future. There is however, a common misconception that property investing always delivers positive returns, while this is true most of the time it certainly isn’t an instant road to riches. You need to keep in mind that how …
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We consistently achieve a lower vacancy rate than the average for the region. In September 2015, the vacancy rate for the Riverina was 2.4%, while Fitzpatricks Real Estate achieved 0.87%.
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You are aware of the importance of smoke alarm testing by professionals. Were you aware that on vacation, legislation requires the alarm to be checked before a new tenancy? At Fitzpatricks, we suggest servicing by Smoke Alarms Australia (SAA) to meet legislation requirements. If you haven’t already subscribed, now is the time to secure this service. Your Tenancy Manager is not qualified to carry out …
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Was your property constructed or renovated before 1980? Throughout the 1960s to the 1980s, pure loose-fill asbestos was sold as ceiling insulation to residential and commercial premises. A Canberra based company known as ‘Mr Fluffy’ installed insulation in around 1,000 houses in the ACT, and it is also understood to have installed insulation into homes in NSW. There is a possibility that the company may …
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Our office understands the importance of rental returns on your investment. For this reason, we are constantly monitoring the market rent on your behalf. When tenants vacate or a tenancy agreement is renewed, we will carry out a fair market rent review. If a rent increase is justified, it is important to note that there are notice periods that must be adhered to. To increase …
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