Investing

Suburb Spotlight: Turvey Park

Fitzpatricks - 20/03/2018

Geographically Wagga’s most central area, Turvey Park is well known for its wide, tree lined streetscapes and old Californian Bungalows in traditional red brick. Officially added to the municipality of Wagga Wagga in 1939, the suburb was named after the property “Turvey Park” established by Thomas Turvey (who died 14 January 1889), a licensee and store owner. A large family vault on the property was moved to …

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Suburb Spotlight – Boorooma

Fitzpatricks - 08/03/2018

Located in the city’s north, neighbouring Estella and Charles Sturt University, Boorooma has seen significant growth over the years. With spectacular views back to Wagga over the Murrumbidgee floodplain and quick easy access to the CBD over the “Gobba” Bridge, Boorooma is proving to be very popular due to its views and easy accessibility. The developing suburb is home to some exciting new parklands, Lineal Park and Explorer park and …

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General Inspections: What to Expect

Fitzpatricks - 21/09/2017
General Inspections: What to Expect

General inspections are always scheduled within the first four months then approximately every six months thereafter. We are allowed a maximum of four inspections per year in accordance with legislative requirements. By law we are required to give you 24 hours notice before an inspection takes place but in general try to allow at least a weeks notice. General inspections are not as detailed as inspections at the start …

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Tax Time

Fitzpatricks - 29/06/2017

With tax time upon us, it’s important to understand what you can claim in order to get the full deductions you are entitled to in regards to your investment property. Here is a list of items you can potentially claim as deductions on your tax return:

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Five depreciation points
every investor should know

Fitzpatricks - 20/04/2017

Any owner of an income-producing investment property is eligible for significant taxation benefits. Despite this fact, according to the Chief Executive Officer of BMT Tax Depreciation, Bradley Beer, 80 percent of property investors are failing to take advantage of property depreciation and are therefore missing out on thousands of dollars in their pockets. “Property investors often assume they are ineligible or that it is not …

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Suburb Spotlight: Ashmont

Fitzpatricks - 30/03/2017

Set on the western side of Wagga Wagga, between semi-rural San Isidore and the industrial and commercial precincts of Central Wagga, Ashmont provides economic living opportunities with good standards of infrastructure and community services. Providing a variety of educational and recreational facilities including a community centre, preschool, primary schools, churches, sporting ovals and parks, Ashmont is also serviced by it’s own shopping complex, with a supermarket, service station, …

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Vacancy Rates – February 2017

Fitzpatricks - 23/03/2017

The past three months have certainly been busy in our Property Management team! December is traditionally a high vacate period, due to the turnover of Defence and other corporate employment contracts, in conjunction with the completion of the education year. January and February are peak periods for rental inquiry – with the people filling positions for the December outgoing population, plus those starting a new year …

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