Spring property Tips and Tricks
Now is the perfect opportunity to prepare your investment property for the upcoming spring months. As the season changes, it’s essential to address key maintenance and improvements to ensure your property remains in top condition. We’ve compiled a list of helpful tips below to guide you through this process and help you make the most of the season ahead.
Air Conditioners
With spring approaching and warmer weather on the horizon, now is the perfect time to get your air conditioner serviced before summer arrives. Scheduling annual maintenance helps you prevent unexpected breakdowns, avoid tenant complaints, and minimize emergency repair calls during the busy season
Storm Preparation
With storm season approaching in the coming months, spring is an excellent time to address overgrown trees and bushes. Trimming these can prevent potential damage to roofs and fences from falling branches during storms. Taking care of this now will help safeguard your property and reduce the risk of costly repairs later.
Gutter Cleaning
Spring is the perfect time to clean your gutters. Clearing out debris and ensuring proper water flow will help prevent damage and reduce the risk of flooding as the season’s rains increase. Regular gutter maintenance will safeguard your property and help avoid expensive repairs in the future.
Termite & Pests
Certain areas are more susceptible to termite infestations and other pests, making regular inspections and treatments a crucial maintenance task for every landlord. Make sure to schedule this regularly to keep your property protected
Razor thin vacancy rates keep Queenslanders living on the edge
Vacancy rates have edged up slightly across Queensland according to data released today from the Real Estate Institute of Queensland (REIQ), but the peak body warns that the broader outlook remains concerning.
Of the 50 local government areas and sub regions covered in the REIQ’s Residential Vacancy Rate Report for the June 2024 Quarter, half (25 areas) had a lift in vacancies, 12 were unchanged, and 13 tightened further compared to the previous quarter.
The statewide vacancy rate rose ever-so-slightly to 1.0% (compared to 0.9% in March Qtr), assisted by more substantial rises in coastal areas such as Noosa, Sunshine Coast and Hinterland, Maroochy Coast and Caloundra Coast.
Source: Real Estate Institute of Queensland (REIQ)
UNLOCK THE EQUITY IN YOUR CURRENT PROPERTY
In this current Market the property values have skyrocketed in the last 12 months. You are sitting on a Goldmine and may not even realise. Did you know you can utilise this increased value in your property to buy your next investment?
It’s important to know how much your property is worth in today’s market before you can make the move forward.
3 Simple things to do
- Contact us to discuss your property and your intentions.
- Contact us to request a current Market Appraisal of your home and any investment properties you currently have.
As our valued client we’re here to give you this information so we can help you plan your financial future.