Wednesday, November 30, 2011

Hey prospective tenants - where are the manners?

Just chatting to our property management department - times are made to go through our vacant properties, and confirmed by SMS - but no one turns up.

Pretty hard on our committed, busy property managers.

So how about a quick text back if you can't make it?

Thursday, November 24, 2011

With the mining boom in WA, the new trend in tenants in Perth is FIFO (Fly In, Fly Out), which are accounting for an increasing number of rentals. This trend is expected to follow into Adelaide, with the Olympic Dam and other mining developments.

Thursday, November 10, 2011

Rental Ownership + Home Ownership

Proportion of income required to meet rental repayments has risen to 24.8% from 21.8% in 2001.

Proportion of income required to meet home loan repayments has risen to 34.6% from 25.1 in 2001

Interesting to see that both homeowners (34.6%) and renters (24.8%) are paying out a greater % of their income to have a roof over their head.

This has been rising since 2001 when it was 25.1% and 21.8% respectively.