Renting with Pets in NSW. What You Need to Know (Updated)

Don’t know your LMI from your LVR? Can’t quite remember what caveat emptor means but you’re pretty sure Robin Williams banged on about it in Dead Poets Society?  Never fear: help is at hand. Without further ado, here is an A to Z of some of the most baffling real estate terminology.

A property that is well presented not only attracts a higher rental income but also a better quality tenant.  Increasing the rental income of your investment property is a top priority for smart property investors and it isn’t as expensive or as difficult as you might think.   A few low cost strategic improvements to your investment property could significantly increase its rental value meaning more money in your pocket each week. 

With the housing market finally softening after years of growth, many investors are asking this question.  So is it better to buy or rent in Australia in 2022? The answer comes down to balancing what you value most and the price you’re willing to pay for it. 

Although the title would suggest the amendment relates to changes surrounding the recent floodings in Northern NSW, the amendment instead focuses on changes to the core sections of the Residential Tenancies Act. These changes will directly affect how tenants and landlords can occupy, price, and vacate a property.

Capital cities, regional areas, houses and units all saw an increase in rents last quarter, culminating in the highest calendar year growth rate since 2007.