Message For Valued Landlords
Our Newcastle Property Management team thought it was time to update landlords in this unusual time. In much of Australia, the rental market has had negative effects from COVID-19. Yet, Newcastle is bucking the trend. In fact, at Property Solutions 101, we have no rental vacancies at the moment. We have leased 21 properties in […]
The Newcastle Property Market – A Pandemic Update
Contrary to the doom and gloom that many finance experts have been predicting for the Australian property market, we are yet to see prices slump here in Newcastle. Some houses are still selling quickly and for very solid prices. This week, one home that we viewed for a client sold after the first inspection, for […]
Support for residential tenants and landlords
On Monday 13th April, the NSW Government announced a ‘funding boost and new emergency measures to protect tenancies’. The goal is to support residential tenants and landlords facing financial hardship due to COVID-19. The six-month support package includes a moratorium on applications for forced evictions due to rental arrears for those financially disadvantaged by COVID-19, […]
What determines a good property manager?
Here at Property Solutions 101, we’re not your average, run of the mill property managers. We are leading Newcastle based Property Managers who only employ experienced professionals. There are no young kids here who don’t understand the essential balance between happy landlords and happy tenants, or the importance of managing a person’s biggest investment. We […]
The Property Market and COVID-19
The only certainty for property during the COVID-19 pandemic is that property prices will go down, at least in the short term. For how long, no-body really knows. The RBA has talked about a rebound in the second half of this year. Nigel Stapledon, a research fellow in real estate at the Centre for Applied […]
COVID-19 Update For Landlords
When tenants inevitably come to us with trouble paying their rent, our first response (after sympathy) will be to direct them to Centrelink to see what benefits they are entitled to in terms of rent relief. We realise that banks have offered a 6 month reprieve for mortgage payments, however, this money will need to […]
Look Forward to the Recovering Market
Experts are saying ‘don’t panic!’ Michael Yardney, CEO of Metropole Property Strategists has a message; “I believe in a year from now, and in particular five years from now and most certainly in 10 years from now, this pandemic will have had no influence on where the Australian property market will end up and the value of […]
The Property Market in Uncertain Times
These are unprecedented times for us all, not only in terms of our health, but also for the economy. Many people are panicked and there’s no denying the stock market has taken a huge hit. But what about the property market? The consequences are not nearly as immediate or obvious. What is interesting is that […]
First Home Buyer in Newcastle
Are you a first home buyer and wondering where to make the move next or want reasons as to why you should stay in Newcastle? Our team of buyer’s agents know the area and stands by the fact that Newcastle’s offerings are pretty hard to beat. With great food choices, adventures and experiences there’s something […]
Whose Interests Are Being Represented?
During a recent property search with some clients, it occurred to us that there are many people out there giving property advice. Very few of them have any accountability or genuine expertise. Without a doubt, friends, relatives and acquaintances want the absolute best for you. However, they’ve probably only purchased one or two properties […]
