As expected, the market wound down in December, a seasonally slow time of year, with a decline in sold volume, new listings and active listings across all four local LGAs. The Newcastle LGA reported higher new listings than in previous years, with 156 in December (up from 119 in Dec 2023 and 137 in Dec…
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Sold properties increased in November across the Newcastle, Maitland and Port Stephens LGAs by 6%, 15% and 25% respectively (Newcastle: 278, Maitland: 166, Port Stephens: 128). This was expected after the boom in new listings in October at the height of the Spring Selling Season. The Lake Macquarie LGA reported a slight drop in sales…
We are pleased to report that sold volume rose in October across all four local LGAs, most notably Newcastle and Lake Macquarie. Data from REA Group shows 262 properties sold in the Newcastle LGA in Oct, up from 224 in Sept, 244 in Aug, and also up from 254 in Oct of 2023. 300 properties…
Data from REA Group shows a drop in sold volume for September, when traditionally we expect to see a lift coming into the Spring market. Across the Newcastle LGA, sales dipped to 224 in September from 244 in August and 250 in September of 2023. Other local LGAs followed suit: Lake Macquarie down to 251 from 265…
It’s important to be aware of many factors that will impact your journey as a landlord. Read on… If you are weighing up diversifying your investment strategy and purchasing a rental property, it is important to be aware of many factors that will impact your journey as a landlord before you jump into the property…
What steps can you take to resolve a dispute between you and the tenants? When it comes to owning an investment property, it is inevitable that at some point, things will go wrong, and disputes may arise between you and the tenants. A qualified and efficient property manager will be well-trained in conflict management and…
Timing when to sell your investment property is often a major factor and the length of time that you keep the property will depend on your investment goals. Making the decision to sell your investment property is usually one that is not made lightly, and you may find that you spend some time deliberating over…
A great marketing campaign with the right elements can be key in finding you the fastest possible buyer at the best price – talk to us! In markets where there is a lot of competition with many listings or even in those when the listing pool is scarce, a great marketing campaign with the right…
So, your investment has strata fees? Read on…. Purchasing an apartment, unit or townhouse can bring the opportunity to live in a property with lower maintenance than a house with minimal to no requirements to maintain yards or other buildings. It can also provide lifestyle amenities such as pools, gyms, and other facilities, however, these…
So, you are ready to buy an investment? Read this first. Property investment can be one of the safest assets with a strong capital growth and is one of the more popular forms of investment. While the initial and ongoing outlay can be costly, investing in the right areas with robust rental yields can prove…