Research shows, the competitive Wagga rental market will definitely have an increase in vacancies in the coming months in comparison to the beginning of the year. On a postive note, Fitzpatricks vacancy rate for March is scientifically lower at 2.58% than the total REINSW average for Riverina of 3.40%. Our current rate for April is lower again at 1.57%.
Continue reading
New pool legislations require all homeowners with backyard swimming pools to register their pools online by 29 October 2013, or face paying a $220 fine from Council. Pool owners will also be required to provide a valid compliance certificate before being able to sell or lease a property with a pool as of 29 April 2014. Drowning is the leading cause of death in children …
Continue readingThe Reserve Bank has continued with the recent trend and decided to leave official interest rates on hold at 3 per cent at its meeting this week. This is the third consecutive month rates have remained on hold. Many home owners are asking the question, is now a good time to lock in my interest rate? There is no easy way to answer that question, …
Continue readingDaylight Saving time ends in New South Wales this Sunday the 7th of April 2013 at 3.00 am, when clocks will be put backward one hour. This is also a timely reminder to change the batteries in your smoke alarm. Fire departments nationwide are working tirelessly to remind people of the simple, life-saving habit of changing and testing the batteries in smoke alarms when setting the …
Continue readingTax depreciation is a deduction against assessable taxable income, generated by a residential or commercial investment property. It works by allowing property investors to deduct a portion of the original costs of plant and equipment (such as furniture and fittings) and capital works (such as renovations) on their investment property each financial year, over the effective life of that item. The Australian Taxation Office recognises …
Continue reading