Are you looking at the big red circle around June 30 on your calendar? Shuddering at the thought of how your investment is going to factor into an already complicated tax return?
As the owner of a rental property you are able to claim a surprising number of expenses as tax … more »
In an ideal world, your property would have on its best face before sale; vacant, in pristine condition, and with a few beautiful pieces of furniture arranged like a magazine shoot. But with a tenant occupying your property, complications can arise and more planning is needed.
The … more »
After an excellent start to the year, Melbourne’s inner city vacancy rates are still looking good for investors.
SQM Research has reported that the overall Melbourne vacancy rate was at 2.9 per cent in March 2012 (an overall vacancy rate of 3 per … more »
Occasionally the fragile harmony of community living is ruptured by the anti-social behaviour of a resident. When this happens, the owners corporation body that manages the building relies on an established process to deal with complaints and handle disputes.
But how does a resident know if they are doing the … more »
In a bold move this month the Reserve Bank of Australia (RBA) slashed interest rates by 50 basis points – to 3.75 per cent. This is the biggest cut since near the start of the GFC in February 2009, and has taken some economists … more »
Following last year’s solid performance for the inner city rental market MICM Property is experiencing an excellent start to the year.
The rental market is seasonal with big variations in activity throughout the year. We are seeing a successful kick-off to summer.
Whilst there have been some reports suggesting that vacancy rates … more »
Market expectations were subverted this week with the Reserve Bank of Australia (RBA) announcement that cash rates would remain at 4.25 per cent. After popular predictions that interest rates would be slashed after last year’s cuts, this latest move from the RBA comes amid signs of … more »
A 270-apartment MICM Property building in Port Melbourne was recently given a prestigious energy award by CarbonetiX, one of the state’s leading carbon management and energy efficiency consultancies.
The building was running up electricity bills of up to $12,000 a month, which through a concerted effort between MICM Property … more »
Gone are the days when renters would be satisfied with a quick ‘once-over’ of your property followed by a long approval process. Times are changing fast, and with the desire to attract excellent tenants comes the need to provide a professional service … more »
Remember the first rental house you lived in? The one with mouldy bathrooms, giant taps installed over tiny sinks and threadbare carpet? It’s probable that your landlord didn’t think much about you and vice versa. Were they a savvy investor, however, they might have considered taking … more »