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Australia's Most Expensive Apartment
30 April 2015 comments

Australia's Most Expensive Apartment


Australia 108 Penthouse Breaks Australian Record The tallest residence in the Southern Hemisphere located in the Australia 108 development in Melbourne has sold for $25 million, breaking the record for the most expensive apartment ever sold in Australia. The 750 square metre penthouse, which sits 319 metres above street level, was bought by an undisclosed international businessman based in Chin [...]


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Strata Insurance - Experts' Advice
30 April 2015 comments Lisa Favelle - Capital Insurance Brokers

Strata Insurance - Experts' Advice


What is Strata Insurance, how does it work, and what does it cover? Strata Insurance is the policy that a body corporate is required to arrange to insure the building/s, common property, and Liability for all common areas of the strata property.   Common areas can include lifts, pools, car parks, gardens, balconies, driveways etc (as defined on the property title).   A Strata [...]


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Market Wrap - April 2015
30 April 2015 comments Symon Badenoch

Market Wrap - April 2015


Sales Whilst Winter does not officially begin until June, the cold nights have started in Canberra already.  Once the weather begins to cool down in Canberra so does the supply of properties for sale, especially houses.  Canberra sellers often mistake Spring as the best time to sell so most decide to hold off during the Winter months.  Each year this creates a shortage of [...]


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Is Delaying Repairs a Good Investment Strategy?
30 April 2015 comments

Is Delaying Repairs a Good Investment Strategy?


Some landlords wanting to keep their income as high as possible think it best to economise on repairs they feel might not be necessary. Landlords as well as tenants are subject to residential tenancy legislation. For example, landlords have to keep the property in good condition, they are obligated to lodge the bond with the Rental Bond Board, and there is a limit to the amount of bond that can be [...]


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The Higher Rent - Lower Income Paradox
30 April 2015 comments

The Higher Rent - Lower Income Paradox


Many investors leasing out their first rental property want to set the rent above market value to test the waters, thinking the sky is the limit in a competitive rental market. But what if this means they have several weeks of vacancy? Experienced property investors report that the best way to maximise the return on their investment properties is to keep the property let – in other words [...]


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Inner Southern Suburbs Home to ACT's Highest Earners
30 April 2015 comments

Inner Southern Suburbs Home to ACT's Highest Earners


Suburbs in the inner south are home to the ACT's highest earners and Canberrans are the nation's most charitable earners, Tax Office data has revealed.  The latest Taxation Statistics for 2012-13, based on the returns of 12.77 million taxpayers, shows Australia's richest live in harbourside Sydney and earn more than eight times the nation's poorest, who [...]


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Think We're Small? Think Again!
30 April 2015 comments

Think We're Small? Think Again!


We have had an excellent quarter for our sales properties at Badenoch Real Estate. Here are just some of our sales results we have achieved in the last quarter!   2 Norrish Place Stirling – 35 groups through - Sold for $41,700 above asking price in the first weekend. We wish the new owners the best of luck in their beautiful new home! [...]


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Catch Up With Us
30 April 2015 comments

Catch Up With Us


We are encouraging our owners to organise a time to pop in and catch up for a coffee to discuss your investment property with Heather, Symon or one of our team.   We find it quite useful for owners to sit down and discuss any concerns with their portfolio, the current market or simply to review any aspects of your property.   If you are interested in catching up simply [...]


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Meet the Team - Natalie Kokic Schmidt
30 April 2015 comments

Meet the Team - Natalie Kokic Schmidt


Natalie has been a part of Badenoch Real Estate for 9 Years.  She works as a Sales Agent closely alongside Symon to provide outstanding customer service and sales results for her clients.    Hometown: Canberra   What do you love most about Canberra? It’s easy to get everywhere and it’s a safe city     Most memorable [...]


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Badenoch Real Estate Turns 18!
30 April 2015 comments

Badenoch Real Estate Turns 18!


During the month of May Badenoch Real Estate celebrates 18 years in the business in the Canberra community.   Heather and Symon would like to take this opportunity to thank all their loyal past and present clients for their support over the last 18 years.   We hope that we continue to exceed client expectations and build on the fantastic partnerships that we have developed so [...]


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