Handing over the task of checking if compliance standards are met in rental properties is best carried out by professionals to ensure the disclosures that Rental Providers sign are correct, their properties compliant and fines for not meeting the standard avoided.What are minimum standards compliance for properties?The Minimum Standards constitute a list of basic requirements that aim to keep the property...

With the cost of property ownership rising, is now the time to sell and cash up? We look at reasons to exit the market, and reasons to hold on. The last few years have been a rollercoaster for property owners in Melbourne. Till very recently, it was a seller’s market, but that trend has changed. In parallel, land tax and interest rates have increased impacting the holding cost for a rental property....

The impact of the coronavirus lockdown over the past six months or so has provided a lot of Melbourne residents with some interesting insights into their home and, in particular, how well it suits their needs, (particularly if working from home has become a regular part of your week). This has created an interesting dilemma for many Melburnians…they’d like to move to a property that better suits...

If you own an investment property or know someone that does – we are offering a complimentary ‘End Of Financial Year Health Check’ to make sure that you are properly positioned and maximizing the return on your investment property in the current climate. With so many changes from tenancy laws, to issues surrounding the COVID-19 pandemic, issues, before you lodge your tax return, take advantage of...

You may have noticed a shift in the wording of some of our communications. This is a result of the latest amendments to the Residential Tenancy Act which has stipulated that ‘Landlords’ are now to be called ‘Residential Rental Providers’, whilst ‘Tenants’ are now legally titled ‘Renters’. CONTACT...

These new laws will mean it is easier for renters to have a pet, but there are also some important steps required to ensure compliance and consent conditions are met. Check Renters should first check that the pet they intend to keep complies with existing council laws or legislation. Apply Renters must request consent from their rental provider using the Consumer Affairs Victoria pet request...

Some safety obligations that have been advised but not regulated are set to become mandatory – including annual smoke alarm testing and safety checks on any gas and electrical appliances and fittings every two years. In addition, any properties with a Pool or Spa now need to be registered with their local council by November 1st this year and will require safety inspections to be completed every four...

There is no doubt that one of the impacts of the Covid-19 pandemic has been an increase in uncertainty in many areas of the property market. One specific area that has been affected is the short-term accommodation market. Property owners around Melbourne who have serviced apartments or who offer their properties via online accommodation websites like ‘Airbnb’ have experienced an enormous drop in...