Launceston Rental Market Update

Launceston Rental Market Update

Posted by Michelle

The Launceston rental market is showing positive signs of recovery with record low vacancy rates and rising market rents. Our office has consistently recorded a vacancy rate under 1% for the September Quarter with an average days on market being 18 days and the average days vacant 10 days. Our office is currently outperforming the overall market reporting on average 36 days on market. Suburbs high in demand currently; South Launceston, Newstead, Norwood, East Launceston, and Central Launceston. The demand on 2 bedroom units is still strong with the average rent for a 2 bedroom unit $250 per week. For a more modern villa unit/townhouse with garaging, up to $320 per week. 1 bedroom flats and co-joined units are fetching between $140 and $180 per week.

Read the full article
What’s New @home?

What’s New @home?

Posted by Michelle

We are always looking at how we can improve the delivery of our service and the value we offer to our clients. We believe our greatest responsibility as managing agents is to maintain the property to ensure the capital value is maximised and also to manage the risks.   We are currently trialling a new mobile app inspection report program called Inspection Manager. This new technology allows us to complete routine inspections plus ingoing and outgoing inspections on a mobile device which…

Read the full article
@home take out 2 National Awards in 2016!

@home take out 2 National Awards in 2016!

Posted by Michelle

In June 2016 the team @home attended one of the largest industry awards programs sponsored by realestate. com, the reb awards. We were proud to attend as a finalist in 2 major categories, Property Management Business of the Year and an individual award BDM of the year (Claudine Church). The team represented Tasmania up against hundreds of entrants across the nation with a combination of independants, large franchise organisations and boutique agencies. It is fair to say we were all…

Read the full article
Michelle’s Property Investment Tips

Michelle’s Property Investment Tips

Posted by Michelle

Number one rule; don’t rely on advice from well meaning friends and family when it comes to any major investment decisions, unless they are qualified. You should seek out expert advice and make educated decisions, your future and it is serious business. Start building a network of experts for support during the process.

Read the full article
Dealing with Staff Changes

Dealing with Staff Changes

Posted by Michelle

One of the common complaints from property investors are staff changes and not being able to deal with the same person for longer than a year. The biggest issue for the investor as a result of regular staff changes is communication and the inconsistency this creates from one property manager to the next . The frustration they feel when they finally have a good working relationship with thier Property Manager and then that person leaves the organisation.

Read the full article
Order for Repairs

Order for Repairs

Posted by Michelle

As of 1 October 2014, the Residential Tenancy Commissioner (the Commissioner) has the ability to issue an order for repairs in relation to a residential tenancy (Residential Tenancy Act 1997 s.36A). Tenants should see this as a last resort, it is best to maintain a positive relationship between tenant and owner and the best way to do this is to talk to the owner and give them the chance to address your concerns.

Read the full article
Do you know the rules?

Do you know the rules?

Posted by Michelle

A 37 year old Meekatharra landlord has been fined $24,000 for spending tenants’ security bonds, harassing a tenant via her phone calls and text messages and taking excessive rent up-front, according to Consumer Protection Western Australia.

Read the full article