Property management
Discover the latest Australian rental market trends, featured listings, and essential property management tips for 2025 to keep your properties...
Kick off 2025 with insights on the rental market, property management tips, and emerging trends to help your properties thrive. Discover valuable advice for both property owners and renters.
The national rental index increased by 4.8% in the year to December, a notable decrease from the 8.1% rise observed in 2023 and the 9.5% growth recorded in 2022. With net overseas migration projected to normalise and the average household size expected to continue to trend towards pre-COVID levels, rental growth is anticipated to moderate further in 2025.
At the national level, gross rent yields have remained relatively unchanged over the past two years at 3.7%. While stable at the national levels, yields rose across Hobart (+30 basis points), Melbourne (+29 basis points), Darwin (+21 basis points) and Canberra (+12 basis points) over the year.
Happy New Year from Buyers Advocate Property Management!
We hope you had a wonderful holiday season and are ready to kick off 2025 with new opportunities and goals. As we step into the new year, our team are committed to providing you with top-tier property management services and keeping you informed on the latest trends and updates in the real estate market.
The property market is expected to remain dynamic in 2025, with rising demand for rental properties and evolving regulations.
Demand for rental properties is projected to stay strong, with a strong focus on affordability and amenities.
Featured Rental Listing of the month -
Unit 1 / 18 Curie Av, Oak Park
This impressive three-bedroom, two-bathroom, modern townhouse will delight upon inspection. Available from 12th February 2025. Buyers Advocate have had the opportunity to manage this investment property since 2018.
PROPERTY MANAGEMENT TIPS OF THE MONTH
Residential Rental Provider’s –Before you know it, it’ll be Tax Season Preparation! It’s best to start gathering documents and expenses for property-related tax deductions so you are ready! Staying organised can help you maximize deductions and avoid last-minute stress. Here are some key tips:
Gather Financial Records: Collect all receipts, invoices, and statements related to your property expenses.
Understand Deductible Expenses.
Consult a Tax Professional: Seek advice to ensure compliance and take advantage of all available deductions.
Plan for the Future: Use tax insights to strategize for the upcoming year and improve financial planning.
Renters –As temperatures rise, keeping your home cool and energy-efficient is important. Here are a few tips to beat the heat:
Use Fans Efficiently: Ceiling fans can help circulate cool air and reduce reliance on air conditioning.
Close Blinds and Curtains: Blocking out direct sunlight can lower indoor temperatures.
Stay Hydrated: Keep yourself and your pets well-hydrated during the hot months.
Check Your A/C Filters: Clean air filters to ensure your cooling system runs efficiently.
We’re excited about what 2025 has in store and look forward to working with you to ensure your properties thrive. If you have any questions or need assistance, don't hesitate to reach out to our team.
Buyers Advocate property management pride ourselves on our honest open communication and the strong relationships we build with our rental providers and renters alike.
If you are unhappy with the level of service you are receiving from your current Property Manager, have a chat with Rachel or Liz. It may be time for a change. Please contact us (03) 9818 4499.
