Thinking of Changing Property Managers? Here’s How MMJ Real Estate Can Help You Make the Switch.

One location that stands out as an excellent option is the Central Coast of New South Wales (NSW). Offering a combination of affordability, growth potential, and lifestyle advantages, the Central Coast presents a compelling case for property investors. In this article, we will explore how to pick the right investment property in Australia and why the Central Coast of NSW deserves your attention.  

As we approach the close of another year, MMJ are reflecting on the Sydney commercial office leasing market and what we expect from 2023.

Selling a tenanted property often makes financial sense for investors. Not only do you need to sell at the time that’s right for you in terms of the highest possible sale price, but continuing to receive rental income right up until the property sells can make a huge difference to your bottom line and ensure that you stay on top of investment loan repayments. It’s also appealing to potential investors if a property already has tenants in 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. 

Australia’s booming property market has reached record highs in the face of extended lockdowns and growing affordability constraints, resulting in the strongest annual growth in more than 30 years.