We were very pleased to have been contacted by the Australian Financial Review to provide insight into the current rental situation outside the capital cities, as shared in this article.
The current rental market across Newcastle and Lake Macquarie is running hot. We have been writing for months now about low rental vacancy rates across Newcastle and Lake Macquarie and the impacts this has on driving house prices and rents upwards.
As in basic economics, as supply decreases and demand increases, prices increase with demand. The thinking of "my property is worth what someone will pay for it", while true, can have more significant consequences.
In this article we provide an overview from a property management perspective of what is happening right now for renters across the region, our frank opinion on the exploitative nature of some rental asking prices, and the impact this is having.
Rental Property Insurance, more commonly referred to as Landlord Insurance, is an essential in the property investor's toolkit. In this article we discuss what landlord insurance is, the approximate cost, and an indication of the most common types of landlord insurance claims.
Whether you're new to owning a rental property, or an experienced investor, it can be difficult knowing how to find the best real estate agent to manage your property.
In this article we discuss how to find the best rental real estate management in Newcastle, along with suggested next steps as you consider your options further.
We all know 2020 has been a wild ride. We're all looking forward to a well deserved break with family and friends over the Christmas period to take stock of what has truly been an extraordinary year.
If you're thinking of listing your property for rent some time in the near future, now is the right time to start a conversation with a property manager to make sure you list sooner rather than later.
Here are our top 5 reasons to list your rental property before Christmas.
We've written before about the findings of the 2018 Voice of Australian Property Management Report, which found that most property managers are inexperienced, many are not happy in their role and want to leave their job, and that staff retention is often a low priority for real estate agency owners. Yikes!
We know from experience that investors can feel it's a case of "better the devil you know", staying with a less than satisfactory real estate agency simply because that has become the expected level of service.
Not happy with that, we've taken a look at our own data to determine how we "stack up" in terms of client satisfaction. We're pleased with the results!
The latest data from month ending 30 September 2020 has shown that Lake Macquarie East currently has the lowest rental vacancy rates in the entire country.
Carnelian Property Management Newcastle NSW
We are a family-owned and run Charlestown real estate agent offering expert property management across Newcastle and Lake Macquarie.