Don’t let property management language confuse you. We have compiled a list of the most commonly used terms and their definitions. Tenancy Databases – contain information about the renting history of certain tenants. A landlord or estate agent can pay a membership fee to access a database when choosing a tenant. As a member, they [...]
Monthly Archive for February, 2012
It’s one of the quickest ways to give a home a facelift, but painting like the pros requires patience, attention to detail, a steady hand and yes, tedious preparation. It’s a messy business, with lots of bending, twisting and negotiating ladders, and inevitable dithering over the crucial colour scheme. Decide up front who lands the [...]
Market Round Up
Posted in Market Updates, News, Research on Feb 22nd, 2012
With the festive season and summer holidays well and truly behind us, the 2012 property market is back in full swing. Property Profile Group members across Melbourne and regional Victoria are reporting that Open for inspections are welcoming bigger crowds than in late 2011 and buyers are outwardly less hesitant. The number of property sales [...]
Careful design can make living spaces significantly more pet friendly. According to the Australian Companion Animal Council, Australians have one of the world’s highest rates of pet ownership – around 63% of households owned a pet in 2006. We may not be as dedicated to pet home alterations as the Japanese and Americans (a quick [...]
Recycling your old electronics can be daunting and people often come up with convenient excuses to just throw out old equipment or leave them lying on the side of the road without any regard to the environmental impact and the impact on carbon emissions. Firstly, you can simply recycle your e-waste. Gather up all your [...]
Cooling-off rules are set to change at the beginning of next month, for all buyers of residential real estate. On 1 March purchasers will no longer lose their right to cool off just because they sought and obtained advice from a lawyer before they signed a contract. If buyers intend to use their lawyer to [...]
There’s still money to be made out of property if you are careful and hard-headed. It has been the wealth strategy of a generation. Buy a home. Look after it, improve it, upgrade it. And if cash flow allows, gear up to your eyeballs to buy more property for other people to live in. For [...]
RBA Leaves Rates on Hold
Posted in News on Feb 7th, 2012
The Reserve Bank of Australia board has kept interest rates on hold, leaving the official cash rate at 4.25 percent. The shock move comes as many parts of the economy continue to struggle with the side effects of the mining boom. Data published yesterday showed retail trade contracted 0.1 percent in December, traditionally the sector’s [...]
The Board of the Reserve Bank meets on February 7 next week. In July last year Westpac forecast that the next easing cycle would total 100bps beginning near year’s end. Subsequently, the Board decided to ease the overnight cash rate by 25bps in both November and December. Based on current information, we continue to [...]
Simple ways to cut your energy bill
Posted in News on Feb 6th, 2012
A Newspoll survey conducted late last year showed many Australians plan to keep rising energy prices in check by closing curtains, washing clothes in cold water and taking shorter showers – but how much does any of that actually affect the average power bill? Apparently, quite a bit. By matching the five most popular energy-saving [...]

