Rent can only be increased once in any 12-month period. ADDITIONAL TERM – RENT INCREASES DURING THE FIXED TERM (for a fixed term of less than 2 years) 70. By completing this clause, the parties agree that the rent will be increased during the fixed term of the agreement. Note: The rent payable under a…Read More→
Did you know about Rent Increases in Rental Properties? Read More »
ADDITIONAL TERM – TENANT’S CARE AND USE OF THE RESIDENTIAL PREMISES 59.13 not to store rubbish, unregistered vehicles, any inflammable,dangerous or hazardous chemical, liquid or gas (with the exception of any petrol or gas stored in a fuel tank of ay registered motor vehicle) or other inflammable, dangerous or hazardous material on the residential premises,
Did you know clause 59.13 in the Residential Tenancy Agreement? Read More »
The Residential Tenancies Act is being reformed in 2025. Key reforms include: Landlords absorb bulk of interest rate hikes The Reserve Bank of Australia has debunked the myth that landlords are passing on increased mortgage costs to tenants, leading to unstainable rent increases. The RBA recently conducted a study using tax return data from Australian
It is a legal requirement for a Landlord/Agent to provide a Condition Report to a tenant at the start of every tenancy. A Condition Report describes the condition of every room as well as the external areas of the property. Each room is broken down as follows: Walls Built-ins Doors Windows Screens Ceiling Light Fittings
Steve Arnold has over 37 years’ experience in residential property management. These days Steve uses his expertise to help landlords improve and upgrade their investments to improve their returns and increase the value of their investment. In 2020, our client transferred the management of his Charlestown Investment Property to us. At this time the property
You just don’t know when you might find yourself needing to relocate. In past years the rental market might have been seasoned, but not these days. The demand for accommodation is exceeding the supply. Make sure you register for the first open home. Make an effort to impress the agent/landlord. Dress neatly and be punctual.
Essential Tips to help secure a new abode when rentals are in short supply Read More »
Arnold Property have managed this amazing property since 2021 with two very good tenants during that time. Whilst appraising this property we needed to consider how many properties were currently on the market for sale, there were many. Setting an accurate asking price was crucial. We were successful in achieving the average sale price of
Originally an area that was underwater at high tide, the area was slowly built up by ships dumping ballast and other reclamation work, which eventually saw an island grow out of the mud. Located 4.4km northwest of Newcastle’s central business district, the suburb is named after Lord Carrington, governor of New South Wales in 1887
Suburb Profile: Adamstown NSW Situated several clicks East of Newcastle’s CBD; Adamstown has slowly grown into one of the more sought after suburbs in Newcastle’s inner-district. The suburb’s origins remain similar to many others in the city, beginning as a large space for Mining housing. While being only a 10 minute drive to Merewether Beach
Boasting a vibrant, multicultural atmosphere providing an array of restaurants, retail, fashion and commercial outlets along with day-to-day services such as pharmacies, banks, florists, and hairdressers, Hamilton is located 4 kilometres (2.5 mi) from Newcastle’s central business district. Centred around Beaumont St, the main commercial precinct, Hamilton is bounded by the railway line in the
