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Newcastle Property Management

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25.01.2022 Latest Article from REI NSW - Worth a read https://www.reinsw.com.au///RTA_in_Focus_Smoke_Alarms.aspx

25.01.2022 10 important questions to ask your property manager If you’re new to investing and don’t know where to start looking for a property manager, or if you don’t have the time or energy to manage your own property, finding the right manager can be daunting. You want to be sure you’re putting your investment in hands you can trust. Employing a good property manager can be the difference between having a stress-free investment and a time-consuming and energy-draining worry....Continue reading

24.01.2022 "Who needs superheros when I have Mum?" Wishing all the Mum's out there a very special Mother's Day this Sunday xxx

22.01.2022 4 tax-deductible benefits to make before 1 July ! It’s that time again! With the end of year just around the corner, now is the time to start thinking about what you’ve spent over the past year and gather paperwork and receipts. If you’re looking to make the most of tax deductions in the last financial year, there is still some time before 1 July to spend some money! And we’re not talking just about on your investment property. There are other ways you may be able to reduce y...our tax bill. Here are some tax-deductible benefits you may consider if you’re looking for claimable deductions before 1 July: Your investment property 1. Repairs and maintenance - As well as costs associated with any repairs, you may also be able to claim on maintenance items such as pest control, gardening and decorating. Check with your property manager to see if there is anything extra you can do. And it won’t be just you who will benefit; your tenants will thank you for it too! 2. Building depreciation plus depreciation of fittings - The legislation changed on this a couple of years ago, but you may be eligible for depreciation on any new fixtures you may have bought like ovens, carpets and hot water system. Check with your accountant as it may be worth you paying a quantity surveyor to do a depreciation schedule for you; as an added bonus, the quantity surveyor’s fees will also be tax deductible. Other tax deductions 3. Give to charity - If you have a favourite cause, give something back. As well as helping a worthy cause, you’ll also be able to claim the donation against your tax. 4. Pay into your super - Consider giving your superannuation a boost. Voluntary contributions are tax deductible and if you make a contribution before 30 June, you can claim against them in this financial year. ** There are some limitations in place, so check with your tax accountant or the ATO. It might also be worth checking if you are eligible for a co-contribution from the federal government too. Check the tax office website www.ato.gov.au for more information about tax returns and for what you can and can’t claim for, or give your accountant a call. Your accountant will clarify any queries, and may give you more tax-deductible suggestions for your personal circumstances. We’re always looking at ways in which your property investment can work for you, so if you’re keen to learn more about property investment, how it works and what to look out for, get in touch with us. We are also one of Newcastle’s longest established real estate offices and our talented team would love to share its knowledge with you and help you realise your financial dreams through property. Give us a call on 02 4956 9777, send us an email to [email protected] or pop into our Cardiff office for a chat.

22.01.2022 Informative article for Landlords about Condition Reports.

22.01.2022 Four factors to consider if you’re thinking of selling your investment property Some say, once you have bought a property for an investment, you should never sell it. However, like everything in property investment, or any other types of investing for that matter, there is no hard and fast rule. When to sell an investment property will vary according to goals, and of course, personal circumstances....Continue reading

22.01.2022 Should I consider a granny flat in my investment strategy? We are often asked if building a granny flat is a good investment strategy for a property. As with all of these things, there is no right answer; it very much depends on your personal circumstances, what your goals and aims are, the type of property and the area the property is in. Traditionally, people built granny flats on their property to help accommodate older parents (hence the name!) or for a place for moody te...Continue reading

22.01.2022 Calculating your buying budget for your property investment... As well as paying the price tag for a property, there are a few other costs you’ll need to factor into your budget. Here are the main ones:...Continue reading

21.01.2022 New survey reveals most tenants enjoy renting! Contrary to popular belief, most people actually enjoy renting according to The Private Rental Sector in Australia report published by Bankwest Curtin Economics Centre. This report gives us a great insight into the state of Australia’s private rental sector (PRS) through analysis of 2016 census data and a survey of 3,182 Australian private renters. The survey asked renters about issues such as the number of rental properties they...Continue reading

21.01.2022 How to set goals and achieve them What’s your goal? Fame? Travel? Write a best seller? Financial freedom? Having goals give us something to aim for in life. Think of the analogy of someone being given a bow and arrow, and being told to shoot the arrow.. quite possibly the first question will be, at what or where is the target? If you don’t know where to point the arrow, it could end up anywhere....Continue reading

21.01.2022 New build vs existing old which makes the better investment property? One question we frequently are asked is what is best for investment purposes, a new build or older, existing property? Well, it depends.....Continue reading

20.01.2022 How to get on the road to property investment if you haven’t much money There is a saying along the lines of ‘making your first million dollars is the hardest part’; unless you’re lucky enough to win the lottery or inherit a million, this is absolutely true! It is hard when you start with nothing but it’s not that hard, and you can do it if you really want to. We’re not saying you’ll definitely make millions investing in property, (although we do know people who have!), but...Continue reading

20.01.2022 Top Tips to Increase Your Property Value on a Budget.. You don’t have to break the bank to increase the value of your property. The key to simple renovations is to focus on areas that can make a difference and are in keeping with the property it’s pointless putting in a granite bench top when the property is a small 2-bedroom unit, just as an elaborate en-suite bathroom often isn’t high on the agenda for people with young families. Little touches such as changing dated door...Continue reading

20.01.2022 Water Usage Charges and what changes have been made since the new laws came into effect in March. An informative read

18.01.2022 Five habits to kick to be a better property investor.... Once you’ve decided to invest in property, and you’ve started your property investment journey, it’s very easy to slip into bad habits that can make your experience hard work. Even established property investors are guilty of sliding into routines which aren’t good for them. To keep your property investment journey less demanding, here are some common bad habits to avoid: Comparing yourself to other investors;...Continue reading

17.01.2022 Three reasons why you should have building and pest inspections... Having pest and building inspections are not essential when applying for finances, however, these inspections will help you know what you’re buying. Think about it. When you buy a car, generally, you take it for a test drive and you may even have a mechanic look it over before you buy the vehicle. You want to be sure you’re getting what the description says; while the car looks buffed and polished on the outsi...Continue reading

17.01.2022 Click on the link below to read the latest article about some changes to the NSW Tenancy Act.

17.01.2022 NEW LISTING !! Welcome to 87 Hilldale Drive, Cameron Park $559,950 3 Bed, 2 Bath, 3 Car Open House this Saturday 16th June @ 12.15 - 12.45pm Contact Craig Andriessen on 49548833 http://ow.ly/M7fP30kvxzM

16.01.2022 There is a bit of excitement in the air at the moment, property investors have been taking advantage of the record low interest rates; according to the Australian Bureau of Statistics (ABS), lending to property investors increased 5.7% in August, to $4.88 billion.

15.01.2022 14 property investment strategies Depending on your circumstances, there are many ways to invest in or make a living from property. Here are a few strategies to consider....Continue reading

15.01.2022 5 resolutions to keep in this new financial year... With the financial year-end behind us, now is the ideal time to get organised and make a few new financial year resolutions to get you on your way to reaching your financial goals. * Regularly review your finances...Continue reading

15.01.2022 BREAST CANCER AWARENESS - PINK RIBBON DAY - FRIDAY 26TH OCT We at Andriessen Property & Newcastle Property Management are passionate about this cause and we wou...ld love you to help us in the fight to beat Breast Cancer. Come visit our office (Main Road, Cardiff opposite the Post Office) where we have merchandise for sale and also buy tickets to go in the draw to win this fabulous hamper! Please show your support on the 26th October - Pink Ribbon Day. See more

14.01.2022 5 simple improvements that can make you money.... You know the general market rate, however looking at your property, is there anything else you can do to increase its rental value, or at least make it more attractive for potential tenants? With over 40 years of property management behind us, we know of ways to improve your property that don’t cost the earth, but could increase your property’s rental potential and your tenant’s satisfaction....Continue reading

14.01.2022 Selling Soon? Take advantage of this fantastic offer! For more information click on this link http://bit.ly/2JjvQpC Phone 4954 8833 (24 hours) http://www.apnewcastle.com.au/

13.01.2022 5 key considerations for your investment property renovations Installing skylights to increase the light, enhancing out-door living space, knocking down walls. these are all major renovations which can potentially add value and increase rental returns. However, if you’re thinking beyond the usual lick of paint and new carpet to rejuvenate your investment property, there are some key points you need to consider when you’re looking at spending money:...Continue reading

12.01.2022 A quick guide to property hotspots.... ‘Record price rises’ and ‘get in before the rush’ are headlines you’ll often see about an area, in real estate and the media. Predicting the next property hotspot is every property investor’s dream. In the past, property hotspots were mainly inner suburbs, slightly run down but very close to their more desirable and trendy, and hence more expensive neighbours....Continue reading

12.01.2022 The real cost of self-managing your investment property... Do you know the latest fire regulations for a leased property? Would you know what to do if a tenant doesn’t pay? Have you got a list of certified tradesmen you can contact in the event of an emergency maintenance? Are you registered with Rental Bonds Online (RBO), the NSW office of Fair Trading's service to manage bonds online? Gone are the days of a nod and a wink and a verbal agreement; being a landlord does come w...Continue reading

11.01.2022 Investing in property is within your reach.... The latest figures* released by the Australian Bureau of Statistics (ABS) shows property investment is still in many people’s reach and many are using negative gearing to help them reach their financial goals; figures show 62 per cent of people who negatively gear one property have taxable incomes under $80,000. Breaking the figures down by professions, these include over 396,000 school teachers and over 266,000 office and practi...Continue reading

11.01.2022 How to keep a positive relationship with your tenants..... As a landlord, you need to maintain a good relationship with your tenant. As well as making both your lives easier, it will also encourage your tenants to stay longer because they are happy with where they live. Plus, a good relationship will contribute to your tenants caring for your property and treating it as their home. While the lease agreement sets out both sides of the duties and obligations, a good landlord/te...Continue reading

11.01.2022 Happy National Property Managers Day! National Property Managers Day has been created by REINSW to recognise the efforts of property managers all around NSW throughout the ongoing COVID-19 pandemic. To celebrate this day, we enjoyed special made cookies @sugarshackbakery, a high tea lunch and a drink to thank our property management team. #nationalpropertymanagersday

11.01.2022 We look forward to being there in the morning to commemorate

11.01.2022 Managing Your Property Professionally.... If you are committed to getting the best result for your investment and you want the process to be as rewarding and stress free as possible, we can help you. Since 1971 we have helped thousands of property investors manage their biggest investment. What’s more, we can do the same for you. Call us on 4956 9777 to find out more.

10.01.2022 This month is Breast Cancer Awareness Month so Andriessen Property has turned pink! Please come support Pink Ribbon Day we will be selling raffle tickets with... an AMAZING PRIZE on offer - 7 nights accommodation in Nelson Bay, and also merchandise at our office 292 Main Road, Cardiff this Friday & Saturday. We look forward to seeing you then! See more

10.01.2022 We have a winner!! We drew our Pink Ribbon raffle earlier this week and we are happy to announce that the lucky winner was Robert Laughlin a local resident who... was kind enough to donate to Breast Cancer Awareness. Congratulations to you Robert, we know you will have a wonderful time in Nelson Bay. Thank you so much from us all here at Andriessen Property & Newcastle Property Management, to everyone who came down and supported this worthwhile cause it is much appreciated. See more

10.01.2022 7 ways to attract and keep tenants Like the best-selling book, "How to Win Friends and Influence People", you want your property to be the most popular property of its type on the market and you want to give your tenants reasons to stay. Attracting and keeping tenants isn’t that hard. Here are 7 ways in which you can win potential tenants over and influence them to stay....Continue reading

10.01.2022 Another good read for all our Landlords http://ow.ly/rop950zrtxl

09.01.2022 Renovating and remodelling what’s the difference? Whether you’re an investor or a home owner, renovating and remodelling are terms frequently used when referring to property improvements. While these terms are often used interchangeable, the meanings are actually quite different.... Renovating Also known as modernising or restyling, renovating generally means improving a broken, damaged, or outdated part of the property. For instance, it could refer to changing flooring, stripping, re-plastering and painting walls, or ripping out old fixtures. For example, a kitchen renovation may include changing the layout and replacing the cupboards, worktops, flooring and tiling. Remodelling This generally refers to making structural changes of a property leading to a change in how the space is used. It goes beyond simply changing fixtures and fittings and their layout, to making changes in plumbing, gas and electricity lines, and/or moving or knocking down walls. Depending on what the changes are to the space, remodelling may also involve architects, contractors and building engineers. It may also involve getting council approval. For these reasons, remodelling can be very pricey. Plus if you are living in the house, there is usually a lot more inconvenience for an extended period of time than a renovation. Using the example of the kitchen again, you may decide to knock out a wall between the kitchen and dining room to create a larger open plan kitchen/dining room area. Or you may be looking at converting a garage or roof space to make additional bedrooms. Renovating vs remodelling When you’re deciding on whether to renovate or remodel, one deciding factor is usually the budget; remodelling is often more expensive as there are more additional contractors involved. It’s also important to think about your long term plans and strategies before you undertake any major work on a property. Are you planning to move in the relatively near future? In which case you will need to think about which process will result in a resale price that will get you your money back and more? Is the inconvenience worth it? If you’re thinking of changing the house purely for investment purposes, while both will improve appeal and rental returns, it might be worth going for a renovation rather than a full blown remodel. Alternatively, if this property is definitely your ‘forever’ home, and a remodel will dramatically improve the way in which you live, then go ahead and make the property totally suited to your needs and wants! We do more than sell and manage property; we also share our knowledge with you so you can make informed decisions. We believe we go above and beyond expectations which is why we are one of Newcastle’s longest established real estate companies. Give us a call on 02 4956 9777 or pop into our Cardiff office for a no-obligation chat. Alternatively, send us an email to: mail@newcastleproperty management.com.au we’d love to hear from you.

09.01.2022 FOR SALE. 3/80 Goodwins Road, Morisset 3 Beds // 2 Baths // 2 Cars Only 3 years young this architect designed 3-bedroom townhouse is split over 3 spacious level...s . Great location, alfresco area, air conditioned. Call us today to inspect! 4954 8833 (24 Hours) Click below for all the information https://www.apnewcastle.com.au//moriss/3-80-goodwins-road/ See more

08.01.2022 Click below to read the latest article from REI NSW

08.01.2022 Who Pays For What ?? Additional Costs to Budget For When you’re doing your budget for your investment property, as well as paying your mortgage, you do have certain financial responsibilities you need to budget for. The good news is, many of these costs can be used as a tax deductible item so don’t forget to keep all your receipts and proof of payments. If you have professional property management who pays these on your behalf, they can supply you with an end of year statem...Continue reading

08.01.2022 Yet more reasons to invest in property... Newcastle is expanding and is rapidly becoming an area of choice for property investors particularly as the Sydney market is out of many people’s reach. There are some great investment properties on the market and more land is being opened up. Interest rates are still low, the economy is stable and annual capital growth is positive. Here are more reasons to invest in property....Continue reading

08.01.2022 Should I let my tenant decorate? This question often comes up at some point in a lease, especially if tenants have been living in a property for some time. Good tenants consider your property their home, and like everyone, they often like to personalise their homes. There are some pros and cons to allowing a tenant to decorate your property:...Continue reading

07.01.2022 From all of us here at Newcastle Property Management we want to wish you and your family a very Happy and Safe Easter.

07.01.2022 Looking for a New Home? *Turn key House and Land Packages Starting from $561,990 *Level blocks from $260,000 *Agent on-Site Sat & Sun Noon -1:30PM https://www.h...eartwoodestate.com.au/ Phone: 4954 8833 (24 Hours) See more

07.01.2022 Build Your Dream Home! Lot 215 for sale for only $265,000 Heartwood Estate - of 88 Neilson Street, Edgeworth Click below for more details http://bit.ly/2TkeY7H or call the team at Andriessen Property on 4954 8833

07.01.2022 Five tips for buying an apartment Apartments can offer some very attractive opportunities for investors, the first one being they are often an affordable entry point into the investment property market. However, like every property, there are some factors you should consider before putting in your offer. You want to be sure you’ll get some return on your investment with the highest rental and growth value.... Apartments are usually under a strata corporation so you will need to budget for some additional costs our tips for buying into strata article explains some of these. But what else should you look for? There are certain features investors look for when considering purchasing an apartment and here are some of them: Does the apartment come with parking? Even if the apartment is in the middle of Newcastle or near to the beach, parking is still an essential feature many tenants look for. Ask if there is any visitor parking and it may be worth paying the extra for a secure parking space and then including this in the rent. One, two or more bedrooms? Most people like a bit of space, and many want the option of a second room. However, we do know of some very spacious one-bedroomed apartments in popular areas which are working well as an investment too. So there’s no real rule of thumb although generally, the larger the floor space the better. Some investors recommend only buying something with more than 50m floor space for one-bedroomed apartments, 80m for two and 110m for three. More bedrooms mean you can charge more rent and more bedrooms will make your apartment attractive to families or tenants who are keen to share with friends and split the rent. A room with a view Everyone enjoys a good view, and tenants are no different. Waking up to a good outlook is always preferable especially if there are outdoor areas and balconies that take advantage of the views. Try to find an apartment which is light and bright, and check with the local council for any planned developments nearby which may affect the view. Right location As with all investment properties, the location is important. Apartments close to the CBD, beaches, schools, public transport and leisure facilities are more likely to be easily rented out and grow in value. Small blocks Smaller blocks have a ‘unique’ factor something many tenants prefer. Plus, apartments in smaller blocks tend to attract a higher growth value than those in large blocks. Many investors recommend going for smaller complexes of between ten to twenty apartments. Whether you are looking to buy your first home, move home, invest in property, or need a property manager, we can help. We don’t charge for information! Give us a call on 02 4956 9777 or pop into our office and we can help you realise your property dreams.

06.01.2022 AND THE LUCKY WINNER IS - Mr Spaulding in our annual Breast Cancer Awareness Pink Ribbon Day raffle! Congratulations Mr Spaulding, Andriessen Property would lik...e to thank everyone that contributed to this amazing cause! Special thanks to Wild Candles for generously donating their beautiful candles for the hamper..... http://www.apnewcastle.com.au/ See more

05.01.2022 Well worth a read....

05.01.2022 5 ways to reduce wear and tear on a property... Whether you’re living in a property or renting it out, wear and tear, as oppose to damage to a property is something which happens to every property. As a landlord, you often cannot claim on the insurance for any damage deemed as wear and tear nor can you claim on the departing tenant’s bond....Continue reading

05.01.2022 Vacancy rates explained and its good news for investors !! There are several factors to consider when looking at property investment, and one of these is vacancy rates. In general terms, the vacancy rate is the percentage of available rental properties that are vacant or unoccupied at a particular time. High vacancy rates indicate property is not renting well while low vacancy rates can point to a strong rental market. Types of vacancy rates:... While vacancy rates in the media generally refer to whole cities, there are different types of vacancy rates. For instance, you can find vacancy rates for an individual property, properties in an apartment block or for a suburb. When looking at vacancy rates for an area, they can be further broken down to types of property such as units and houses. Vacancy rates between these may differ - there may be a high demand for units, but not so for houses. Vacancy rates can also differ between property management agencies. Some management companies have higher vacancy rates in the property they manage than others. Our vacancy rates have always been around 1% under the average vacancy rate thanks to our active team and intense, expert marketing. For instance, quality photos, well-written descriptions and marketing on over 15 websites makes sure our properties get seen by potential tenants. And it’s not just making sure a property is seen; we make it easy for potential tenants to apply. Yes, we do have paper application forms but we also use 1forms, a web based application process where people can apply straight from their computer or smart phone. Newcastle vacancy rates: From around 2002 until 2011, rental properties were in high demand in Newcastle and we saw some low residential vacancy rates of around 0.7 to 1.5%. For investors, this was great news, as there was a sharp increase in rental prices. Since 2012 however, we have seen rental vacancy's increase with a peak vacancy rate of 4.6% in April 2015. During this time, residential rental prices fell for a while, but they have recovered and now show a modest increase in what they were six years ago. Vacancy rates are down: For the first time since this time, the Newcastle vacancy rate came in at under 1.5% in January 2018 latest data shows it sitting at 1.3%. This is brilliant news for investors as it’s suggesting there is a demand for rental properties. If this trend continues, we can expect to see rental prices increase substantially with more people attending open for inspection along with more applications for the properties Want to find out more about vacancy rates or how we keep the properties we manage tenanted? Come on in for a chat or give us a call on 02 4956 9777! We are one of Newcastle’s longest established property management companies, and in the over the 40 years we’ve been successfully operating in the area, we’ve helped thousands of people realise their financial dreams through real estate.

05.01.2022 October is Breast Cancer Awareness Month. We at Newcastle Property Management are passionate about this cause and would love you to help us in the fight to beat Breast Cancer. Come visit our office where we have merchandise for sale and please show your support on the 26th October - Pink Ribbon Day.

03.01.2022 This beautiful house has just been listed with us. 28 Flamingo Drive, Cameron Park. Open House this Saturday 25/8/18 at 11.45 - 12.15pm Ph: 49548833 #forsale #propertyforsale #cameronpark #house #buying #justlisted #hometolove #readytomovein #andriessenproperty #cardiffnsw #selling

03.01.2022 4 points new landlords need to remember.... If you’re new to property investment, it’s very easy to sit back and think now I’ve bought the investment property, I can watch the money roll in. And indeed you can, but for new landlords, it’s worth noting there are some things you need to keep on top of so the money does continue to roll in....Continue reading

03.01.2022 Answering some frequently asked questions into who the ‘typical’ residential property is, the Australian Tax Office’s report for the financial year 2017 has revealed a few statistics which some might find surprising.

02.01.2022 We often get asked "Is now a good time to buy?" Read our article as to why we think yes it IS a good time to buy! http://ow.ly/8Tvy50BX3O9

02.01.2022 FOR LEASE. 8 Enterprise Way, Woodrising 3 Beds / 1 Bath / 3 Cars $480 per week Fantastic family home spotless throughout, fully air conditioned. Large open plan living room, modern kitchen. 3 bedrooms generous in size with built in wardrobes, main with walk in robe. ... For more information call the Team on 4956 9777. https://newcastlepropertymanagement.com.au//8-enterprise-/

02.01.2022 Coming very soon to Heartwood!

01.01.2022 When it comes to investing in property, never selling has tended to be the rule of thumb, with investors leveraging off an existing property to buy their second or third investment property. Please click on link for full article https://newcastlepropertymanagement.com.au//property-inve/

01.01.2022 Rent rises, parting with pets and other common tenant fears.... Regardless of why people rent, there are still some common issues and fears. As a landlord, it’s wise to be aware of these fears so you can either prevent or address them before they become a major issue. Good tenants are worth hanging on to. After all, they are paying your mortgage and looking after your property. If you lose a tenant, the property may sit empty and not earn you an income while you look for a ne...Continue reading

01.01.2022 FOR LEASE - 16 Russell Street Cardiff 3 Bed / 1 Bath / 2 Cars $440 per week Very neat and tidy home opposite Cardiff Public School with 3 bedrooms all having built-in wardrobes and ceiling fans. Main bedroom with A/C with a walk in robe. Modern kitchen and fully fenced yard. Modern bathroom and second W.C. ... For more information call the Team on 4956 9777 https://www.apnewcastle.com.au/real-estate/property/1132039/

01.01.2022 Living off equity is it a good investor strategy? For those who have several properties, one investment strategy that has been touted around for a while now is releasing capital and living off the equity. The strategy works on the principle of you borrowing against one of the properties and you use that loan to live off. In the meantime, your property portfolio continues to increase in value and you still have all your assets. Advocates for this strategy highlight because y...Continue reading