There’s no mistaking the fact that spring is well and truly here now. The days are longer and warmer, flowers are in bloom and even the nights have lost the last of winter’s chill.
Don’t forget that daylight saving starts this Sunday 2nd October. Put your clocks forward one hour Saturday night (or by 2am Sunday)! We hope you are taking the time to enjoy this wonderful spring weather we are experiencing here on the Central Coast.
Back at the office business has been nice and steady, which has given our Property Managers the chance to catch up on all those fiddly jobs that had been put on hold while things were super busy.
The tenant enquiry rate this month has been on the low side, resulting in a quiet month on the leasing front, as can be seen from our Rental Market Activity numbers. We do expect things to heat up very soon however, as is usually the case around this time of year and as we head towards the festive and summer holiday season.
Our first feature article this month talks about why it is vital to ensure your lease complies with current legislation and the ramifications of failing to do so. Our second feature article sheds light on how the ‘typical tenant’ has changed. The profile of today’s typical tenant may surprise you!
Time to ensure your property is bushfire & thunderstorm season ready
Now is the ideal time to get out in the garden and check the roof and gutters to ensure your investment property is bushfire and thunderstorm season ready. Things on your to-do list should include:
- Pruning back overgrown shrubs and small trees, especially any that overhang the house.
- Checking large trees (or having them checked by a professional) to determine whether or not any branches are at risk of falling and if so, have those removed.
- Checking the roof and gutters for leaves and twigs and clear if necessary.
- Consider installing metal gutter guard if you haven’t already.
Give your Property Manager a call if you would like us to arrange to have this done for you through our network of trusted local trade professionals. Remember, we will never give the go ahead for any work to be done on your property (unless it is an emergency, like an electrical fault and we are unable to reach you) until we have received your approval to proceed.
The NSW Rural Fire Service website includes a wealth of information on how to prepare a property to ensure it is ready for the approaching bushfire season. The information is equally beneficial to consider when preparing your own home. Click on the link for more information.
On the home front…
Did you know we meet every fortnight as a team over breakfast to discuss what’s been happening during the previous fortnight and share ideas on areas where there may be room for improvement? We deliberately choose to meet outside work hours and away from the office for these meetings as this allows us to talk without interruption and focus on the discussions at hand. During these meetings we also book upcoming open homes and discuss a plan of action for any troublesome tenancies we may be experiencing. Head to our Instagram or Facebook page for a photo of all of us at our last meeting. We meet every second Wednesday at Quattro café Erina from 8 till 10am.
Rental market activity for the last 30 days
- Tenant enquiries: 39
- Tenant inspections: 31
- Properties Leased: 6
- Average rent: $365