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30 September 2014 comments Badenoch Real Estate

The Property Investor’s Big Three


When consulting with an estate agent about the management of their property investments most novice investors focus on short-term return. They want maximum income, minimum expenses. Most new investors are borrowing money and they and their managers become obsessed with immediate return because it’s often crucial to the ongoing survival of the investment. Stated simply: no rent = no income = no [...]


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Successful Spence Auction Result!
30 September 2014 comments

Successful Spence Auction Result!


Badenoch had another successful auction result earlier this month with the sale of 67 Baddeley Crescent in Spence.  The property being situated across the road from the local childcare centre is in a suburb popular with families. The property went to auction with several interested parties showing strong interest before the day.  Symon was in fine form as our auctioneer on the day [...]


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Easy As 1,2,3 ! - Transferring Your Management Property To Badenoch
30 September 2014 comments Badenoch Real Estate

Easy As 1,2,3 ! - Transferring Your Management Property To Badenoch


Are you unhappy with your current managing agent? Do you believe they could be working harder to look after your investment property? Below are the 3 easy steps to finally relieving your mind of the stress caused by other agents’ mismanagement of your investment;   1. Decide to change.   2. With us you sign a termination notice form for your current agent, and we [...]


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CanTeen – National Bandanna Day – 31st October
30 September 2014 comments

CanTeen – National Bandanna Day – 31st October


National Bandanna Day is here again and this year CanTeen the organization supporting young people with Cancer are aiming to raise $1.1 million to continue to provide extraordinary assistance to families across Australia. Every year 23,000 young people are diagnosed with some form of Cancer.  CanTeen aims to provide assistance to these young people through support and counselling services [...]


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30 September 2014 comments Symon Badenoch

Fairfax Purchases Allhomes For $50 Million


Fairfax has recently purchased Allhomes.com.au for a reported $50 million.  Fairfax have their own residential portal site (Domain.com.au) and have ownership of The Canberra Times so it will be interesting to see how this will purchase will change the advertising landscape in the ACT.  As far as we see it, Fairfax could not compete with Allhomes.com.au on a local level so it was easier [...]


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30 September 2014 comments

Overcrowding Looms As ACT Public Schools Reach Capacity


Almost a quarter of Canberra's public schools could be overcrowded within three years, an internal government report suggests. The document also shows that 10 schools, mostly primary, are already near or over their official capacity. The ACT opposition says the data shows Labor's decision to close 23 schools last decade was flawed, as some of those schools were in areas now under stress. [...]


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A Bridge To Nowhere - Canberra Centre Owners Delay Pedestrian Bridge
30 September 2014 comments

A Bridge To Nowhere - Canberra Centre Owners Delay Pedestrian Bridge


  The final pieces of a controversial development in Civic are beginning to reveal themselves. An application to amend a pedestrian bridge for a building that doesn't exist yet shows an artist impression of what's coming for Queensland Investment Corporation's section 96 development. QIC, which owns the Canberra Centre, has delayed constructing the section 96 development [...]


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Tenants May Gain Right to Restrict Open Home Viewings


Renters could gain new protection from large numbers of people coming through their homes for open for inspections when the house they live in is put up for sale. In what a tenant's group has hailed an important legal decision, the Victorian Civil and Administrative Tribunal (VCAT) has blocked a real estate agent from staging mass open for inspections for prospective buyers of an eastern suburbs [...]


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Review into the Residential Tenancy Act Announced


A review into the ACT Residential Tenancy Act has been welcomed by the ACT Tenants Union who believe the process may address a number of horror rental stories experienced by many Canberra tenants. Attorney-General Simon Corbell announced the review into the tenancy act on Thursday and detailed an intention to review the rights of landlords to throw tenants out, amid a sweeping review of rental [...]


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Tagging of Houses Affected by Loose-Fill Asbestos


The ACT Government today announced that houses affected by loose-fill asbestos will be required by law to have tags displayed in their meter boxes and on switch boards by 1 January 2015. The tagging of properties will provide another way in which tradespeople can identify when they are working on a house which contains loose-fill asbestos.   It is important to note that tagging does not [...]


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