Landlord

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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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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Rental Bonds online

Fitzpatricks - 09/03/2017

As of January 30, 2017, residential tenancy laws came into effect to stipulate that the service of Rental Bonds Online must be offered to new tenants as the first option for lodgement of their bond. At Fitzpatricks, we have been utilising this system for some time, enjoying the efficiency and time-saving benefits it brings to both parties. Rental Bonds Online helps tenants, agents and private landlords to …

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Fitzpatricks Outstanding Leasing Achievement

Fitzpatricks - 08/12/2016

November has been a huge month for our property management team. In what is seasonally a lower leasing activity month, we have leased an exceptional 48 properties in November alone. This brings our total number of properties leased this calendar year, to a phenomenal 532, as of today. This impressive result can be attributed to a number of factors – including first class marketing of …

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Fitzpatricks Report 2016

Fitzpatricks - 01/12/2016

The Fitzpatricks Report for the 2016 Financial Year has been released and includes some interesting statistics from residential sales, property management and commercial. It is the only full and comprehensive report primarily aimed at providing you with the latest Wagga Wagga market data and knowledge to help you identify where potential real estate growth exists, including comparable data from NSW and capital cities. The report …

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vacancy rate at an all-time low

Fitzpatricks - 08/09/2016

Our Property Management team have had an extremely busy month, leasing 59 properties in August. In addition to this, Fitzpatricks’ vacancy rate has hit an all-time low of 0.89%. With spring now here, properties are moving faster and we are currently looking for more rental properties to meet tenant demands. With the latest technology and a dedicated leasing team, we are ready to be of …

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time to service your heating system

Fitzpatricks - 24/05/2016

With the temperatures definitely starting to drop, you may have been reaching for a blanket or two to get cozy under… Winter is fast approaching, which means pulling out the trackies and ugg boots (legitimately for warmth, not fashion), hot water bottles and cup-a-soups, and cranking up the heat – it’s time to service your heating system for the cooler months. Through the summer, your heating …

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