News

Strata Titles Amendment Bill 2018

The Strata Titles Amendment Bill 2018 was passed by the Upper House at the beginning of November. Drafting of the regulations will commence shortly with the changes due to be implemented in the second half of 2019. The Community Titles Bill is also being debated in the Upper House and is expected to pass between [...]

By | November 7th, 2018|News, Novemeber|0 Comments

Rental market remains strong

Perth’s rental market has improved, with reiwa.com data for the September 2018 quarter showing positive results across the board. REIWA President Damian Collins said leasing activity was up, median rents remained stable, average leasing times were quicker and the vacancy rate had plummeted to 3.9% -  the lowest level in more than four years. Rent [...]

By | November 7th, 2018|News, Novemeber|0 Comments

$9K in deductions for investors

Did you know that investing in new properties could hold almost $9000 of tax deductions? Bradley Beerm CEO of BMT Tax Depreciation told Smart Property Investment investors are allowed to claim deductions on capital works, which include the property’s structure and items permanently connected to the property to the total of $5065 per year. He [...]

By | November 7th, 2018|News, Novemeber|0 Comments

Strata; Australia’s newest trillion dollar sector

With an insured value of almost $1 trillion, covering 2.6 million lots and directly employing 9000 people nationwide, the strata sector is an important part of the Australian economy (source; Strata Community Association 2018). The Australian National Strata Data Report, prepared by the University of NSW City Futures Research Centre and funded by the Strata [...]

By | October 5th, 2018|News, October|0 Comments

A FLOODED FRIDAY NIGHT

What if the plumbing fixture broke in the apartment above and started flooding your apartment? Then it started flooding the apartment below. What if the owner of the apartment above was mid-flight to a friend’s wedding and completely uncontactable for hours during the event? This was one of two cases Dee Gow encountered last month, [...]

By | October 5th, 2018|News, October|0 Comments

Smoke alarms

Is your smoke alarm up to date? Western Australia's Building Regulations require the owner of a dwelling to have compliant smoke alarms installed in their property.   According to the  Department of Mines, Industry Regulation and Safety, owners who rent or hire a dwelling are required by law to maintain the smoke alarms. This includes ensuring [...]

By | August 24th, 2018|News, September|0 Comments

Property Manager checklist

Property Manager checklist.   We discovered this excellent six point checklist by Slavko Romic and Anthony Moore on smartpropertyinvestment.com.au of what a property manager should do for their clients.   Promoting and advertising property for lease It is key when promoting a property to show off the best features of the property and its location. [...]

By | August 24th, 2018|News, September|0 Comments