In this edition: How long will it take for your property to rent? Missing Out on Thousands of $$$ Each Year? Depreciations for Renovations Made Easy Cords that Can Kill… MANDATORY Standards for Window Fittings! March 2015 6 steps to achieving your property goals in 2015 A Selection of Properties Recently Leased Quote Another happy customer -Wow Mo- ment Calendar of Events Dear Landlord, There is an old proverb that every dark cloud has a silver lining. The very dark clouds, torrential rain and damaging winds of cyclone Marcia certainly wreaked some havoc upon the communities of Central Queensland. Fortunately here in Brisbane we escaped the full force but did encounter heavy rain leaving some of our properties without power and leaks. We emailed all our tenants an alert reminding them of what to do in an emergency. This was positively received with many tenants commenting back to us they respected the helpful email. The few properties that were affected have all March rental and team updates been repaired promptly and efficiently with our Property Managers ensuring our affected tenants and landlords have been notified. Again, this serves as a reminder to have your gutters cleared and debris pruned away from your investment. We are hitting the ground running as autumn is here with a prediction of one of the hottest on records. Easter and school holidays are just around the corner and our Property Management Team is enjoying a good end to February with our properties rented at increased rents and low vacancy rate. Long term leases are still very popular and recommended if you can secure a good tenant. Interest rates are at a record low with another cut predicted. There has never been a better time to buy another investment! Enjoy your March. Best Regards, Belinda Johnston General Manager Property Management
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In this edition: How long will it take for your property to rent? Missing Out on Thousands of $$$ Each Year? Depreciations for Renovations Made Easy Cords that Can Kill… MANDATORY Standards for Window Fittings!
March 2015
6 steps to achieving your property goals in 2015 A Selection of Properties Recently Leased Quote Another happy customer -Wow Mo-ment Calendar of Events
Dear Landlord,
There is an old proverb that every
dark cloud has a silver lining. The
very dark clouds, torrential rain and
damaging winds of cyclone Marcia
certainly wreaked some havoc upon
the communit ies of Central
Queensland. Fortunately here in
Brisbane we escaped the full force
but did encounter heavy rain leaving
some of our properties without
power and leaks. We emailed all our
tenants an alert reminding them of
what to do in an emergency. This
was positively received with many
tenants commenting back to us they
respected the helpful email. The few
properties that were affected have all
March rental and team updates
been repaired promptly and
eff iciently with our Property
Managers ensuring our affected
tenants and landlords have been
notified. Again, this serves as a
reminder to have your gutters
cleared and debris pruned away
from your investment.
We are hitting the ground running as
autumn is here with a prediction of
one of the hottest on records.
Easter and school holidays are just
around the corner and our Property
Management Team is enjoying a
good end to February with our
properties rented at increased rents
and low vacancy rate. Long term
leases are still very popular and
recommended if you can secure a
good tenant. Interest rates are at a
record low with another cut
predicted. There has never been a
better t ime to buy another
investment!
Enjoy your March.
Best Regards,
Belinda Johnston
General Manager
Property Management
www.propertyrentalsbrisbane.com FREE Information Guide For Landlords & Tenants
How long will it take for your property to rent?
That of course depends on the time of the year so here are the latest statistics for February.
BRISBANE STATISTICS The Market
Source: rentfind.com.au
Missing Out on
Thousands of $$$ Each
Year? Depreciations for
Renovations Made Easy
Investment property owners often
miss out on thousands of dollars
due to two main reasons:
1. They don‘t know what
depreciation entitlements
they can c la im for
for the items being removed as a
tax deduction in that financial
year.
Get a “before renovation” tax
depreciation schedule
Arranging a tax depreciation
schedule before completing
renovations will save you time
and money when making a claim.
In case of an audit by the
Australian Taxation Office (ATO),
renovations or refurbishments
to their investment property
2. They don‘t use a qualified
Quantity Surveyor to
prepare a tax depreciation
schedule
Follow the steps below to ensure
your tax depreciation schedule is
right the first time around.
Understand scrapping
Scrapping refers to the removal
and disposal of any potentially
depreciable asset from an
investment property. When worn
or old assets (like carpet and hot
water systems) are replaced and
scrapped, the owner of the
property may be entitled to claim
the remaining depreciable value
Brisbane, QLD February 2015 Annual Change
Median Weekly Rent - House $ 420 0%
Median Weekly Rent - Unit/Apartment $ 390 0%
Days on Market (Avg) 29.8 3.2 increase
Days Vacant (Avg) 16.7 1.9 increase
www.propertyrentalsbrisbane.com FREE Information Guide For Landlords & Tenants
Errors & Omissions: These details have been prepared by us on information we have obtained and while we trust it to be correct, is not guaranteed by us and you should rely on your own enquiries.
Kelvin Grove House $500 p.w.
3 bed, 1 bath, 2 car accommodation
Calendar of Events
Helen is a credit to the RE/MAX brand. She exemplifies the key values a customer looks for when choosing a property manager. With a warm and friendly manner, Helen always leaves you with the feeling you are in capable and trusted hands. Her dedicated work ethic and an engaging personality provides a professional yet personable experience unmatched by any other. I have no hesitation in recommending Helen and can testify to the added value she brings to the RE/MAX brand. Mark Allen