Tag Archives | Brisbane Property Investors Tips

Stability vs Surprises – Median Rent December Quarter 2010

There was only a moderate rise in Queensland Median rents in 2010. The median rent for two bedroom units in Brisbane rose by $10 a week from $355 a week to $365, with three bedroom houses also recording a $10 increase from $370 to $380 between September 2009 and September 2010.

Figures collated from the number of bonds lodged with the RTA show, in the majority of areas, rents have risen only marginally during that period. Across the state there were similar trends for two bedroom units and three bedroom houses, with rents rising by under $10 per week on average.

For full details of median rents for the quarter download here. Stability vs Surprises – Median Rent in 2010 Source RTA

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Tips for keeping your tenant cool and happy over summer!

I surprised my self this week when I was interviewed by the Australian Property Investor Magazine for this story. You don’t realised how many little things you learn over the years that can be helpful to share I am glad Nicole asked the questions and hope you find the tips useful!

Christina Penrose featured in Australian Property Investor article “Keeping tenants cool over summer has many benefits”

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Is Your Improved Property Insured for Enough?

When a landlord upgrades their investment property, they might not think about how this will affect their insurance. Landlords who are undertaking renovations should consider increasing the sum insured on their building insurance policy once the improvements are complete. This will help to ensure they are covered for the full replacement value if anything happens to the property. Renovations and other upgrades can also impact a landlord’s contents insurance. A comprehensive landlord insurance policy should provide cover for general household contents including curtains and blinds, carpets, appliances such as dishwashers, light fittings and even furniture left in the property for the tenant’s use. However, the level of contents cover provided on landlord insurance policies can vary. Many landlords do not consider that if they are uninsured or underinsured, they will have to pay any costs out of their own pocket.

For information about landlord insurance call 1800 804 016.

This communication was prepared by Terri Scheer for information only. Professional advice should be obtained before you apply the information to your particular circumstances and whether you are able to engage in these activities.

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What is happening to Residential rents, your property value and the economy

Don’t get caught up in the media frenzy find out here what is really happening to Residential rents, your property value and the economy. It is all disclosed in this easy to read report which offers the latest statistics and the real facts for Brisbane and each capital city in Australia.

Residential Real Estate Market Report November 2010

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New Website Helps YOU to Save More Money

A new State Government website aims to help Queenslanders make every dollar count. Community Services Minister Karen Struthers said the new Every Dollar Counts website would help Queenslanders access rebates and concessions on offer throughout the state. 

“The website is a one stop shop for Queensland Government and Federal Government concessions, making it even easier for people to get the cost of living subsidies they’re eligible for,” Ms Struthers said.

“We already have one of the broadest ranges of concessions, rebates, and discounts in Australia but that’s only half the job.”

“This website will help people know what help is available so they can access it.”

Ms Struthers said the State Government provided more than $1.3 billion in concessions to Queenslanders.

Go to www.qld.gov.au/everydollarcounts or phone 13 13 04 to find out what concessions you may be eligible for.

Source: REIQ Journal September 2010

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