Carnelian Property Management in Charlestown, New South Wales | Property company

Carnelian Property Management

Locality: Charlestown, New South Wales

Phone: +61 2 4062 7458

Address: 1A Chapman St 2290 Charlestown, NSW, Australia

Website: https://www.carnelianpropertymanagement.com.au/

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25.01.2022 Meet Mikhaela She loves camping! It seems like every weekend she's getting away to Barrington to toast some marshmallows and rub it in back in the office on a Monday morning. As a stellar member of our property management team, Mikhaela's keen eye during property inspections is equally handy for finding dry kindling when it's needed most. - #newcastlensw... #realestateagent #lakemacquarie #propertymanagement #investmentproperty #rentalproperty See more

25.01.2022 PREPARING YOUR PROPERTY FOR RENTING A beautifully prepared and presented home will also often achieve higher rental return and a greater number of high-quality applicants. In this article we cover points to prepare from legal / compliance perspective, as well as what to consider getting serviced, pest inspections, cleaning, depreciation reports and arranging insurance. ... There's a lot to think about. This article will give you a head start! https://lttr.ai/aPIB

24.01.2022 Often we will have a number of good applicants forwarded to a landlord to discuss within the first week of a property being on the market. If your property manager is not providing suitable applicants quickly, or has gone quiet, there could be a problem. https://lttr.ai/YfFQ

24.01.2022 This reinforces other research highlighting that people are relocating to regional areas away from capital cities, which is in turn helping to drive house price growth and these lower vacancy rates in regional areas. Read more https://lttr.ai/XvOf

23.01.2022 BETTER SERVICE We've run an analysis of all the property investors we work with, and found that 30% of them have moved to us from another agency. Think about that. It means they have engaged another agency as their property manager, had a bad experience, and left. In big numbers!... There are a lot of unhappy property investors out there who have "burned and learned". Big brand name and big budget doesn't guarantee better service. Are you happy with your property manager? If not, call us! #realestateau #realestateaustralia #realestateagent #propertymanagement #investmentproperty #rentalproperty See more

23.01.2022 Who loves the emails a business sends them? (crickets chirp and tumbleweeds pass by...) Happily, one of our monthly email subscribers does, and decided to tell us about it! -... Hi Guys, Just wanted to thank you for a great email! Lots of great comparisons and information related specifically to our area. Much appreciated. Cheers, Kirsty - Brilliant. Thank you Kirsty! If you're interested in the world of property investment around the Newcastle and Lake Macquarie area, you should subscribe too for our monthly email. Next edition our next week. Subscribe here: https://www.carnelianpropertymanagement.com.au/join-9993650

23.01.2022 STUNNING BRAND NEW 3 BEDROOM DUPLEX 39A Allowah St Waratah West NSW 2298 3 2 1... Features of this striking property include: Master bedroom providing parkland outlook and beautiful ensuite Stylish kitchen featuring Italian tiled feature splashback, gas cooktop, and stainless steel dishwasher Living space opens to private, Travertine paved courtyard for alfresco entertaining Ducted air conditioning and double blinds throughout Further details here: https://www.domain.com.au/39a-allowah-st-waratah-west-nsw-2

22.01.2022 REFERRALS WOOHOO More insights from our own data. Yes, we love it! We've found that 58% of the clients we work with have been referred to our business by experienced investors. People who have experienced our service are our biggest advocates! ... We're grateful to know people are choosing to join us through positive word of mouth, not because of big advertising spend. #realestateau #realestateaustralia #realestateagent #propertymanagement #investmentproperty #rentalproperty See more

22.01.2022 What if the hokey pokey IS what it's all about? #mindblown

22.01.2022 DON'T WAIT TILL CHRISTMAS! 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. ... In this post we run through our top 5 reasons to list your rental property before Christmas. https://lttr.ai/ZSL6

21.01.2022 DOES A RENTAL HAVE TO BE MANAGED BY THE SAME AGENT YOU BUY FROM? It is a common misconception that when you buy an investment property, the same agency who sold you the house needs to manage the rental property for you. Real estate agencies which offer both sales and property management services can make it seem easier or otherwise beneficial to use their services to manage the investment property for you once it has been sold. ... In reality, there is negligible benefit in this approach. In this post we discuss why: https://lttr.ai/dkjj

21.01.2022 WHAT IS CONSIDERED AN URGENT REPAIR? In a rental property, understanding the difference between an urgent and non-urgent repair is critical. For example, work classified as an urgent repair can (in special circumstances) be arranged by the tenant and require reimbursement from the property owner. ... Do you know your urgent from non-urgent repair work? Learn more in this article https://lttr.ai/ZbTL

20.01.2022 Happy Clients Don't Change Agencies. Are You Happy With Your Property Manager?: https://lttr.ai/YwAd

20.01.2022 Some amazing lighting in between the storms out there this evening. Taken in Mount Hutton. #stormy #newcastlensw #lakemacquarie

20.01.2022 IS RENTAL YIELD A GOOD INDICATOR OF WHERE TO INVEST? When you think about it, renters are more nimble than property purchasers. They are operating on a more short-term basis e.g. a 12 month lease rather than a 20 year mortgage. For a renter, it is a lot easier to move than if you are an owner-occupier. For this reason, renters will be the first to move when a suburb begins to increase in its attractiveness. But since renters are not purchasing, the increased rental deman...d (driving rental asking prices higher) is not immediately reflected by higher property prices. This results in higher yield. But is rental yield always a good indicator of future capital growth? Learn more https://lttr.ai/ZbVe

20.01.2022 Thanks D Gilford for these amazing words! "Carnelian Property manage a number of our properties and I have found them to be professional, supportive, and proactive. Natalie & Paul and their team are definitely leaders in their field." - D. Gilford, Investor... - #realestateau #realestateaustralia #newcastlensw #realestateagent #lakemacquarie #propertymanagement #investmentproperty #rentalproperty

19.01.2022 WHAT HAPPENS WHEN A TENANT'S LEASE EXPIRES? Without either party giving notice to terminate at the end of a fixed term lease, the tenancy automatically continues. The most significant changes then are around notice periods required to end the tenancy, and rules around rent increases. Read more about what happens when a tenant's fixed term lease expires ... https://lttr.ai/aCrC See more

18.01.2022 Knowing how to find the right property manager amongst the sea of corporate real estate agencies, semi-online services and genuine property management specialists is difficult. So how do you do it? Start here: https://lttr.ai/YOEV

18.01.2022 Nice bush shower ahead of more heat tomorrow #hiking #watagans #lakemacquarie

16.01.2022 HOW MUCH NOTICE IS NEEDED BEFORE VISITING A RENTAL PROPERTY? We often hear stories from tenants who have had experiences in the past of unannounced or frequent visits from their agent or landlord. Unfortunately, especially when a landlord lives nearby to their investment property, the landlord can feel too comfortable simply "dropping past" the property to check on something, complete a minor repair, and so on. ... There are very clear notice periods required in order for a landlord, real estate agent or any other party acting on their behalf to enter a rental property. The notice periods vary with the reason for entry, and we cover it all in this post https://lttr.ai/dklp

15.01.2022 How Is The Vacancy Rate In Your Suburb? For a snapshot of the current vacancy rate where you or your investment property are located, hover over (or tap) the area of the map at the link below to see the September 2020 vacancy rate as a popup. Read more https://lttr.ai/Xrru

14.01.2022 HOW CAN A TENANT BE LISTED ON A BLACKLIST? Firstly, a tenant can only be listed on a tenancy database if they are named as a tenant on a lease. Others such as unlisted children, visitors or unnamed occupants cannot be listed. Also, a tenant can't be listed on a tenancy database until after their tenancy has ended. ... There are only two reasons a tenant can be listed on a tenancy database, and these are: 1 They have vacated owing an amount more than the rental bond for a breach that is still outstanding 2 The Tribunal has made an order terminating the agreement because of something the tenant has done wrong. Learn more about tenancy blacklists in this post https://lttr.ai/dkgQ

14.01.2022 WHAT TO DO WITH HOUSE WHEN YOU TRAVEL? As a result of COVID-19 related holiday limitations, a lot of families are looking to get away and explore Australia. But what do you do with the house when you travel? We have wished "bon voyage" to many families packing up the caravan and temporarily trusting their home to us while they're away. ... In this post, we cover the typical questions we discuss with soon-to-be travellers in planning for rental tenancy appropriately. Learn more in our post "Renting Your House Out While Travelling": https://lttr.ai/e9qz

14.01.2022 Vacancy rates across Newcastle and Lake Macquarie have decreased almost entirely across the board in the 12 months to September 2020. Our local area is not like Sydney as we primarily hear about in the media. Read more https://lttr.ai/Xxyb

14.01.2022 WHEN RENTAL APPRAISALS VARY, WHO DO YOU BELIEVE? To be frank, it is a direct objective of ours to achieve the highest rental return from an investment property, just as it is the landlord's. We will estimate optimal rent based on return for comparable properties in the area, rental history and trends in the area, demand vs supply of similar properties and more. ... Still, we sometimes provide a rental estimate lower than another agency. Why? Our focus is more toward finding the highest quality tenant, from a large pool of suitable applicants, ensuring the ongoing care for your investment with reliable, sustainable and optimal rental income in return. The highest quality tenant is not usually the highest paying. READ MORE: https://lttr.ai/dkOw

13.01.2022 Is A "Big Name" Agency Really Better? Our data says no: - 30% of property investors we work with have left another agency to work with us.... - 58% of the clients we work with have been referred to our business by experienced investors. - People are choosing to work with us after hearing positive word of mouth, not because of big advertising spend. - On average, an agency will lose more than 17 properties out of 100 every year (a 17.3% attrition rate). - We retain 93% of properties every year, with 6% lost due to owners selling or moving back in to a property. Happy clients don't change agencies! - #realestate #realestateaustralia #rent #rentalproperty #rental #property #propertymanagement #propertymanager #propertyinvestment #investment #newcastlensw

13.01.2022 Unfortunately, especially when a landlord lives nearby to their investment property, the landlord can feel too comfortable simply "dropping past" the property to check on something, complete a minor repair, and so on. Learn the correct notice periods: https://lttr.ai/Y3bN

13.01.2022 - #MotivationalQuotes #motivation

12.01.2022 Some property management agencies will only consider a tenant in arrears if they have fallen more than 7 days overdue. Late payments are on our radar from day 1. https://lttr.ai/XsgW

11.01.2022 5 REASONS TO LIST YOUR RENTAL BEFORE CHRISTMAS If you're thinking of listing your rental property "some time soon", now is the perfect time. Here are our Top 5 Reasons To List Your Rental Property Before Christmas:... 1 Interest In Regional Areas Is Very High 2 Rental Returns Are At Record Highs 3 Relocations Take Place In Advance of The New Year 4 Tenants Look Forward To A Break At Christmas Too! 5 Interest Doesn't Immediately Return On January 1 For more detail read this article: https://lttr.ai/ZVK0

11.01.2022 HOW'S YOUR AGENCY'S RETENTION RATE? The industry average property retention rate for property management is 82.7%. Our is 93%. Happy clients don't change agencies! How happy are you with your property manager?... Read more https://lttr.ai/Y2xf

10.01.2022 BIGGER HOUSES, LESS PEOPLE IN THEM The average floor area of new houses in Australia is 230m, and we have the second largest average floor area per home in the world behind the US. Homes with four bedrooms increased from 15.9% to 24.7% of the stock between 1991 and 2016.... Meanwhile, the average number of people living in a household now is 2.6, while back in 1911 it was 4.5.

09.01.2022 Here are our top 9 tips to prepare your property for renting Read the full article here: https://www.carnelianpropertymanagement.com.au//how-do-i-p

07.01.2022 That's quite a contrail you have there. #vapourtrail #contrail

07.01.2022 IS RENT BIDDING LEGAL? Many factors go into the determination of asking rent, including ensuring the investor's financial commitments are considered, the price is well positioned given comparable rentals and market conditions, while also minimising the vacancy period. In reality, we cannot prevent an applicant from putting forward an offer to pay more than the listed rental price. By way of transparency with our investors, we will put such offers forward for considerat...ion alongside others. However, ethically we disagree with taking the position that the highest bidder wins. People from all financial positions are entitled to seek and reasonably secure a home to rent, not just the applicants with the deepest pockets. Learn more about the legalities of rent bidding in this article Is It Legal to Offer or Accept More Rent Than Advertised? https://lttr.ai/aIYm

07.01.2022 A poor property manager may be providing an unrealistic estimate of rental return in order to secure management of the property. Learn why choosing the agency with the highest rental estimate is a flawed idea. https://lttr.ai/YTfl

06.01.2022 Natalie's been at it again! First it's bundt cake, then gooey chocolate brownie... it's a wonder we get anything done around here. - #bundt #brownie #productivity #putthatwithcoffee

06.01.2022 At the end of a long day at the office... LET'S GO MOUNTAIN BIKING TO WARNERS BAY #thekidsmademedoit #lakemacquarie #warnersbay

06.01.2022 Team lunch at The Bavarian. Not eating for weeks. #whoneededabeer #charlestown #bavarian

05.01.2022 Have you had a property remain vacant for longer than you would like? Read our "5 Reasons Your Property May Remain Vacant For Longer" - and learn how you can pick up the pace! https://lttr.ai/XxGZ

05.01.2022 Is It Legal to Offer or Accept More Rent Than Advertised? https://lttr.ai/Bu59

05.01.2022 WHY DID THE OTHER AGENCY ESTIMATE HIGHER RENT? Being completely frank, as owners of a property management business (not just employees) it is a direct objective of ours to achieve the optimal rental return from an investment property, just as it is the landlord's. However, we always recommend listing properties for the rental amount which will strike the best balance between strong rental return and strong market interest. ... Not one over the other. Read more about our approach to providing honest and transparent rental appraisals in this post: https://lttr.ai/aJHK

05.01.2022 Real estate agencies which offer both sales and property management can make it seem easier or otherwise beneficial to use their services to manage the investment property for you. But they were chosen by the seller, not by you! Consider your options. https://lttr.ai/YbI0

05.01.2022 Go the blues. #whatfootballgame #shakeatailfeather

04.01.2022 Tomorrow's forecast just in. - #coffeefirst #lifesecond #realestateagent #propertymanagement

04.01.2022 Hunter & Coast Pest Control are just excellent. Consistently quality work for our investors - prompt, courteous and completed with a smile! Cheers for the great work guys.

03.01.2022 If a tenant is one day late in paying the rent, they are in arrears. Here is our process of ensuring rent is paid promptly for every property we manage. https://lttr.ai/YYJY

03.01.2022 Need more space for the kids to play? How about having a park straight across the road, complete with flying fox, basketball court, swings and slides! 5 Lawrenson Pde Thornton is a near new, 4 bedroom 2 bathroom home looking for a great new tenant.... Details: https://www.domain.com.au/5-lawrenson-parade-thornton-nsw-2 - #realestate #realestateaustralia #newcastlensw #lakemacquarie #realestateau #realestateagent #rentalproperty

03.01.2022 HAPPY CLIENTS DON'T CHANGE AGENCY A final update (for now) from our internal data review. We've found that over the past year, 93% of the properties we manage were retained under our management. i.e. an attrition rate of 7%. ... This is significantly better that the industry average attrition rate of 17.3%*, which is often due to poor service (*Source: Real Estate Dynamics, Oct 2020). When people choose to no longer have their property managed by our agency, we record why. Many businesses don't do this, they simply churn new properties in to replace the lost ones. We've found that 6% of our 7% total attrition is due to owners selling or moving back in to the property (in fact, 3% each). Happy clients don't change agencies. Do you need to make a change? Call us. #realestateau #realestateaustralia #realestateagent #propertymanagement #investmentproperty #rentalproperty See more

02.01.2022 Rain? Free car wash! #celebrateyourwins

02.01.2022 A common misconception is that a tenant can be listed on a tenancy database simply by falling behind with the rent, not looking after the property in a satisfactory way, or for being given a termination notice. Learn more - https://lttr.ai/ArSB

01.01.2022 ADVANTAGES OF HAVING ONE AGENCY MANAGE YOUR PORTFOLIO There are many advantages of consolidating your investment property portfolio to be managed by a single property management company. For example, continuity of knowledge and minimal disruption. ... Real estate agency staff are regularly appointed, shifted across teams, assigned other tasks or portfolios, or otherwise moved on from being your contact point. A single agency managing your properties minimises this disruption and frustration, ensuring there is continuity of knowledge about the history of your properties and your investment goals. Contact us today to discuss how we can help minimise cost and disruption to you, while saving you time and mental energy. Learn more https://lttr.ai/dSGN