INVESTMENT property owners on Bribie Island are reaping the rewards of colour advertising in the local newspaper.
Boutique property management agency, Rentals On Bribie, has taken full advantage of colour ‘To Let’ pictorial advertising to successfully find tenants for most of their rental stock.
Fully licensed Property Manager, Chantel Greig, said she recently found a tenant for one property within 24 hours of it being listed, while another was leased within two days.
“Rentals On Bribie is at the forefront of strategy development for our investment property owners, and we con
Investors benefit with colour ads
New property investor types could emerge in 2012
AS the year 2011 draws to a close there could be good news on the horizon for local property owners in 2012.
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According to Australian Property Monitors senior economist Andrew Wilson, a new breed of property investor is likely to charge into the market in the second quarter of next year and drive the activity of the traditional buy-and-hold investor.
“Despite some signals across many of the nation’s capitals that buyer enquiry is picking up, a good majority of investors are still waiting for an even clearer signal that housing prices have moved upwards and that capital growth will begin toTenants will pay more to stay and most can afford to
The Matusik Snapshot in April stated that their rental market survey found that seven out of 10 tenants were looking to buy, but until that took place, most wanted to stay in their current accommodation and were willing to pay more in rent to do so.
“With three-quarters paying under a third of their income in rent (and half paying less than a quarter of their take home pay on accommodation costs), it looks like they can afford to do so.”
According to the report “This is good news for landlords and the residential market in general. Where end prices go from there (in the short
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