Seven Hills Real Estate and news for the local area

This blog is here to give you first hand local information about real estate and local issues in the areas of Seven Hills with a special focus on Toongabbie and Kings Langley.

4 Quick Tips To Avoid Rent Ruined & Select The Best Tenant Ever!

When select­ing a new invest­ment prop­erty ten­ant in Seven Hills NSW — it is import­ant to note that rental ref­er­ences are the most import­ant indic­ator of how your ten­ancy will per­form– this indic­ates who they really are as a ten­ant– their true col­ours! Employ­ment is of sec­ond­ary import­ance as this only con­firms how much the tenant […]


Properties Recently Rented In Toongabbie/Girraween & Tenant Selection

Keep­ing you updated on the Toongabbie/Girraween rental mar­ket HOUSES Hazel Street Gir­raween 4 bed­rooms $450 p/w The Cres­cent Toongab­bie 3 bed­rooms $460 p/w   UNITS Targo Road Gir­raween 3 bed­room unit $370 p/w   VILLAS Gilba Road Gir­raween 2 bed­room villa $415 p/w New   TENANT SELECTION Anti-Discrimination Reminder When select­ing a suit­able ten­ant it is import­ant to […]


WHAT TENANTS REALLY WANT

Here’s a list of the most com­mon cri­teria ten­ants have when look­ing for a rental prop­erty:         Close to shops, schools, trans­port & leis­ure areas eg: bike ways, parks Ren­ov­ated or improved and in very neat & clean order Heat­ing & cool­ing are fast becom­ing essen­tial items Space & light Off street and under cover car […]


Standards Could Save You A Small Fortune, For Investment Property Owners.

Toongab­bie and Seven HIlls invest­ment prop­erty own­ers who ensure that their invest­ment prop­erty meets Aus­tralian stand­ards for build­ings could be sav­ing them­selves a small for­tune. Own­ers of invest­ment prop­erty have a legal respons­ib­il­ity to ensure that their prop­erty meets all cur­rent stand­ards. These stand­ards include the obvi­ous such as elec­trical wir­ing, smoke alarms, plumb­ing, but […]


Are You Getting Strange Calls Late At Night? WHAT IS CLASSIFIED AS AN EMERGENCY REPAIR?

To save real estate own­ers time and money I have writ­ten this art­icle because of the amount of calls we get late at night by our ten­ants for EMERGENCY repairs to replace fly screens and inter­net con­nec­tions. If you are con­sid­er­ing man­aging your own prop­erty in Seven Hills or Toongab­bie, this is a must know […]


Should You Sell With Vacant Possession Or With A Tenant Still In Place?

You have decided, for whatever reason, that you need to sell your invest­ment prop­erty. Now comes the time to decide if you should sell with vacant pos­ses­sion or with a ten­ant still in place? Should you sell with vacant pos­ses­sion or with a ten­ant still in place? We look at the advant­ages and dis­ad­vant­ages of both […]


A reminder of nsw smoke alarm laws

Under the Res­id­en­tial Ten­an­cies Act and Reg­u­la­tion: Land­lords are liable for the fit­ting of smoke Detector in ten­an­ted prop­er­ties. Land­lords have a right to access to leased prop­erty to instal smoke alarms after issu­ing the ten­ant a min­imum of 2 days notice. Land­lords and ten­ant are, are not allowed to remove a smoke alarm or inter­fere it from working. […]


landlord/tenant relationship and discrepancy between the agreed rent

We recently came to the aid of a land­lord where the land­lord had ren­ted and man­aged his own prop­erty in Seven Hills to the same ten­ant for nearly 2 years. The ten­ant became aware that there was a dis­crep­ancy between the agreed rent and the rent stated on the RTA (Res­id­en­tial Ten­ancy Agree­ment), and as […]


New rules to protect kids in high-rises

Apart­ments and multi-storey homes are about to get a little safer for chil­dren thanks to a rule change around win­dows in new build­ings. The Aus­tralian Build­ing Codes Board has ruled that all win­dows in new homes and apart­ments that are more than two metres off the ground must be either fit­ted with win­dow locks that […]


Property Investor Newsletter April – May 2012

ATO land­lord tips that you may not have known! We do appre­ci­ate that the focus of every land­lord is to optim­ise their tax returns and max­im­ise their income. How­ever, be aware of when you can claim repairs and work on the prop­erty as a legit­im­ate tax deduc­tion. CAN YOU CLAIM THE COST OF REPAIRS BEFORE YOU […]


Property Investor Newsletter March – April 2012

REPAIRS, MAINTENANCE AND IMPROVEMENTS Many land­lords often ask, “What is the dif­fer­ence between repairs, main­ten­ance and improve­ments in rela­tion to invest­ment prop­erty tax deduc­tions?” So we have taken the time to research this inform­a­tion. What are repairs and main­ten­ance? When the ATO refer to ‘repairs’, they mean work to make good or rem­edy defects in, […]

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