Recent content by rue.rain

What exactly does “expected rent” mean here? Is A$6,493 fixed under an operator agreement, a recent average, or an agent’s projection based on occupancy? Also, is it paid to you before or after the operator’s fee? Until that is clear, increasing the vacancy allowance may not capture the real...

The Sydney market feels split rather than uniformly fast or slow. I’m tracking mixed-use properties between A$504,600 and A$757,000, and the listings I saved are averaging roughly 53 days on market, but they are not moving together at all. Properties with clear service-charge information seem...

To make that practical, send the local professional a one-page fact sheet: agreed price, retail use, intended owner, residency position, expected holding period, financing if any, and what should happen on death. Then request a written table showing the amount or calculation basis, payer...

The previous annual bills are useful, but I wouldn’t build the budget from them alone. They reflect the seller’s circumstances and the relevant assessment period, not necessarily yours. I’d ask which charges attach to the property, which depend on the owner or structure, and when each is...

Is this being bought as a rental, for personal use, or with the decision still open? Also, is it furnished and in a strata building? Those answers change the useful scope considerably. A rental manager’s leasing and maintenance work is irrelevant before settlement unless you specifically want a...

I’d lean toward a modest increase rather than chasing the full asking figure. First calculate how many rental periods it would take to recover even a short vacancy plus cleaning, advertising and repairs. Also, are those figures monthly, and what does the 80-day point relate to—the lease timing...