House Nous Property Search in Strathdale | Property management company

House Nous Property Search

Locality: Strathdale

Phone: +61 477 278 279

Address: PO Box 64 3550 Strathdale, VIC, Australia

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25.01.2022 House Nous is a new and innovative service to assist house hunters in the Bendigo area. You HATE house hunting? I LOVE it. Let me do the leg work! Your first consultation is cost and obligation free.

21.01.2022 Happy New Year everyone! We are back and open for business! Wishing you all a safe and prosperous 2017.

18.01.2022 Have you heard of "due diligence"? It means that there is basic information everyone should know before buying a home. Consumer Affairs Victoria have an interesting web page explaining things you should know about rural zoning, land boundaries, planning controls and safety. Also read about your buyer's rights! It's all here: https://www.consumer.vic.gov.au/duediligencechecklist

15.01.2022 What is "rental yield"? If you are thinking of investing, then rental yield is the first concept you need to understand. Gross Rental Yield looks something like this: Gross Rental Yield = (Annual rental income / Property value) x 100... eg ($17,000 / $355,000) x 100 = 4.789% Expressed as a percentage, you can use gross rental yield as a way of comparing properties to each other, and the average yield for your area. Simple? Next time we trick it up a bit by considering NET Rental Yield....

10.01.2022 Ok! So Gross Rental Yield was easy to understand right? But its a bit simple and not really what an investor wants to track. Net Rental Yield accounts for more of the real life details. From our $17,000 income we receive from the tenant, we need to deduct some expenses. The most likely expenses include: * council rates... * agent's fees * landlord's insurance * ongoing cleaning, maintenance and gardening costs * body corporate fee for a strata property. So deduct all of these expenses from your $17,000 income. Then we might need to adjust the value of our property. We purchased it for $355,000 but you should adjust this amount if you have made significant capital improvements since the purchase. Net Rental Yield = [(Annual rental income costs) / property value ] x 100 So that's all pretty reasonable - just one more thing! Don't count on your property being rented for 52 weeks a year. All properties need maintenance and tenant leases won't always be contiguous. Consider multiplying your weekly rental income by 48 or 50 weeks for a more realistic prediction on yield. Have a lovely day :-)