Viewing all posts with the tag of Uncategorized

You know how much your rent is, you can fix your home loan repayments, Why not get a fixed price on property management?

Everyone loves certainty.

We buy property and believe with certainty that it is going to go up in value, we believe with certainty that our property will be attractive to tenants and will be rented at the rate that we want.

Having constants in our life and in our property investment strategy is very important.

At Managed Property, we often get questions from other agents, investors, clients – how come your management fees are fixed?

The simple reason – we know what our costs are, we know how much we need to spend to provide our service, we know the margin we need to make to ensure a sustainable successful business so we can with certainty put a price on our product.

Our product is a fixed service – it should have a fixed price.

If you rent goes up or down, you still expect the same amount of inspections, email and management from your property manager!

Don’t you?

You would not (and should not) put up with a manager saying, ‘due to the fact we get a % of your rent and your rent is going down, I am not going to do your next general inspection’.

Having a fixed cost allows you to plan ahead, work out what your yield is and make decisions about your property investment with facts.

Fixing how much each week you pay your manager to look after your property is a good way to start.

managedproperty.com.au 07 3139 1701

Emporium Property Management

Managed Property service Emporium and provide property management services to Emporium apartment owners for only $22 per week.

Own an Emporium investment property? Consider getting it managed by a local property management company for a great rate.

Managed Property are conveniently located in Fortitude Valley, within 1km of Emporium and are open Monday to Saturday from 9am to 5pm.

Al of our Emporium rental listings are advertised on realestate.com.au and domain.com.au.

Whether your Emporium investment property rents for $100 or $1000 per week, Managed Property provides full service property management for one low fixed cost.

Our service includes:

– Routine inspections every 16 weeks
– Tight arrears control
– Processing of all invoices for rates, body corporate and water
– Collection of rental and disbursement

We also do letting of your property for the standard rate of one weeks rent + GST which includes the entry/exit condition report.

Try our service today.

Call Managed Property on 07 3139 1701 or email rentals@managedproperty.com.au

New Farm Property Management

Another week, another owner saving serious money on property management

Managed Property recently took on a new client in Bald Hills who engaged us to lease out their four bedroom house.

Managed Property leased the property within one week for $475 per week and the owner enjoys a flat management fee of only $22 per week!  That is a fee of only 4.63% of the rental collected. Nothing more to pay!

If you are serious about saving money on property management, contact Managed Property today on 3267 1777 or via email: rentals@managedproperty.com.au

The Dust comes Free!!!

Check out this amazing Sydney property locked up for 40 years prior to sale

Click here now

The changing face of QCAT

JP’s to Constitute QCAT matters in 6 Month Trial

The Queensland Civil and Administrative Tribunal (Justices of the Peace) Amendment Bill has been passed on 30 April 2013.

The amendments for now will facilitate a six-month trial enabling two justices of the peace to constitute the QCAT to hear and decide minor civil disputes with a value of $5,000 or less and non-urgent residential tenancy matters.

The trial will be conducted over six months commencing June 2013 at Brisbane, Ipswich, Southport, Maroochydore and Townsville. Read more in the explanatory notes and the bill.

Capital Gains most since March 2010

Source RP Data

Go to site here

2 April 2013

RP Data – Rismark Home Value Index Release

Dwelling values across the combined capital cities of Australia recorded a 2.8% rise over the March quarter, taking the cumulative capital gain to 4.7% since the market bottomed out in May last year.

Dwelling values posted a solid rise over the month of March, increasing by 1.3 percent across the combined capital city index. The positive conditions were broad based, with every capital city recording a rise, apart from Adelaide where the market remained steady over the month. Perth has recorded the highest level of growth over the month with dwelling values surging 3.4 per cent. Hobart and Darwin also recorded a large lift in dwelling values, rising 2.5 per cent and 2.4 per cent respectively over the month.

Every capital city apart from Adelaide (-0.5%) has seen dwelling values rise over the past quarter. Over the past 12 months the only capital city not to experience a rise in values was Hobart (-1.2%). Rismark International CEO Ben Skilbeck commented, “The March 2013 result is one of the strongest we’ve seen over the 3 years since March 2010. Not only were there no value falls recorded across the capital cities, but, over the past 3 years, the all dwellings result of +1.32 per cent for the month was second only to the +1.40 per cent increase observed in September 2012. Further, it was the strongest quarterly growth seen since the 3 month period ending May 2010.”

RP Data research director Tim Lawless said, “Since the capital city housing market bottomed out at the end of May last year we have seen dwelling values rise by 4.7 per cent after falling by 7.4 per cent from their market peak back in late 2010. The most significant recoveries have been recorded across Darwin where values have risen 13.9 per cent since bottoming out in January last year, and Perth where values are up 9.4 per cent since the market trough in November 2011.”

“Both these cities are recording rental growth higher than 10 per cent year on year which is providing a significantly higher total return compared with other cities. The RP Data-Rismark Accumulation Index, which factors in the gross yield as well as capital gains, is showing a total year on year gross return in Darwin of 13.9 percent and Perth is recording a total gross return of 10.6 per cent, both significantly higher than the combined capitals average of 6.9 per cent gross,” Mr Lawless said.

Across the broad price segments, it looks as if the middle priced housing sector is continuing to show the healthiest market fundamentals. Based on the RP Data-Rismark Stratified Hedonic Index, dwelling values across the middle sixty per cent of the housing market have increased by 1.6 per cent over the year to February, compared with a 0.9 per cent fall in dwelling values at the most affordable end of the housing market, and a 0.6 per cent fall at the most expensive end of the pricing spectrum.

According to Rismark’s Ben Skilbeck, a review of housing credit aggregates indicates that the investor segment of the housing market is showing greater responsiveness to the low interest rate environment than the owner occupier segment. Credit growth for the 12 months to end February was 3.9 per cent in the owner occupied segment compared to the investor segment at 5.6 per cent.

“With gross capital city unit rental yields now at 4.9 per cent, and a number of short term fixed rate loans also being offered at these levels, it’s not surprising to see investors responding to these conditions more quickly than owner occupiers”.

Apart from the capital gains being recorded across the housing market, other indicators are continuing to suggest the housing market recovery will continue. Mr Lawless points out that both auction market and private treaty indicators are showing strong results. RP Data’s mortgage platforms have also shown a surge in activity.

“Auction clearance rates haven’t been below 55 per cent on any occasion so far this year, and over recent weeks the capital city weighted average clearance rate has been around the 60 percent mark with Melbourne and Sydney nudging the 70 mark. Additionally, vendors selling their homes by private treaty have been discounting their prices by a lesser amount in order to make a sale. The average selling time was consistently shortening prior to the Christmas / New Year slow down.”

“RP Data’s Mortgage Index, which tracks activity across the RP Data mortgage platforms, reached levels not seen since August 2009, suggesting housing finance commitments are likely to show a decent lift when the ABS publishes the data for February and March later this year.”

 

Builders Optimistic about Medium term

Interesting reading in Todays Fin Review

http://www.afr.com/p/business/property/builders_optimistic_about_medium_8YkZ293BL2YYBuoXOBwonN

 

 

Did you receive your updated land valuation?

You may have noticed your new land valuation coming in the post for Qld property owners.

The new valuation will take effect on 30 June 2013 with the date of valuation being 1 October 2012. 

Considering the state of the market , it may be a good time to review.there has never been a better

A range of online data is available free of charge until 18 June 2013 allowing property owners to better understand their land valuation and the local property market.

Further information can be found using the following link:
http://www.dnrm.qld.gov.au/property/valuations/annual-valuations

Objections must be lodged within 60 days of the date of issue being 20 March 2013. The deadline is Monday 20 May 2013.

New Farm Property Owners Save on Property Management

Managed Property has a mobile Brisbane CBD management service that has been very well received by New Farm Property Owners.

Managed Property manages units, townhouses and houses in New Farm for only $22 per week.

We currently have numerous property owners who are saving thousands of dollars each and every year on their management costs and improving their rental returns for their New Farm investment property.
Call Andrew Peters on 0439 034 055 today to discuss changing to Managed Property and saving money on property management today.

Brisbane CBD Property Owner saves over 50% on property management

A recent new client shared with us the details of the benefits of changing their property to Managed Property.
Our client owns a 2 bedroom apartment in the Brisbane CBD that currently rents for $600 per week.

Prior to changing to Managed Property, their weekly management fee was $48.

Now they are only paying $22 a week – a saving of $26 a week.

That is $1352 a year of extra revenue from their Brisbane CBD investment property.

How much are you paying for property management?