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Hocking Stuart real estate agency in Richmond fined for rife underquoting on 11 properties
31 October 2016 comments Scott Carbines, Samantha Landy

Hocking Stuart real estate agency in Richmond fined for rife underquoting on 11 properties


REAL estate agents Hocking Stuart have been fined $330,000 for underquoting on 11 inner-city properties in Melbourne. The Richmond agency has also been ordered to pay up to $90,000 in costs. Consumer Affairs Victoria took legal action against the Bridge Rd office in February, claiming it breached Australian Consumer Law by underquoting properties in Richmond and Kew in 2014 and 2015. One of [...]


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Badenoch Profile
31 October 2016 comments

Badenoch Profile


Meet Ashley! The newest member of the Badenoch team. Ashley works alongside Courtney in Property Management, although new to the role she is settling in nicely.   Hometown: Huskisson NSW What do you love most about Canberra? I love all the awesome hidden treasures and walking trails that are within or close to Canberra like Gibraltar falls, Ginninderra falls, Mount Ainslie, Mount Taylor [...]


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Walk for Poverty
31 October 2016 comments

Walk for Poverty


In June this year, Matt Napier set off on a 2300km walk across Southern Africa to raise funds and awareness for global poverty. The walk started on the West Coast of Namibia at Walvis Bay, from there he headed through Botswana and into South Africa before completing his walk in Maputo Mozambique.. Matt completed the walk kicking a soccer ball the whole way and managed to give out over 200 soccerballs [...]


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Interest Only Repayments on Owner Occupier loans
31 October 2016 comments MO'R Mortgage Options

Interest Only Repayments on Owner Occupier loans


If you choose to make Interest Only (I/O) repayments on your owner occupier home loan, you’re not actually paying down any of the principle loan amount.  So, why would you choose them over Principle and Interest repayments, if it’s not going to help you own your home sooner? If you’re using an offset account and building up the cash you’re saving, Interest Only repa [...]


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The depreciation deductions that often go unclaimed
31 October 2016 comments BMT Tax Depreciation

The depreciation deductions that often go unclaimed


Depreciation continues to be one of the most common deductions missed as research suggests that just 20 per cent of property investors maximise the deductions they can claim. On average, an income producing property owner can expect to claim between $5,000 and $10,000 in depreciation deductions in the first financial year alone. These deductions play a vital role in helping property investors [...]


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Most common building mistakes and how to avoid them
31 October 2016 comments Jenny Brown

Most common building mistakes and how to avoid them


Here is some of what you need to build a new house or do a big renovation on your property. You will need all of the following in abundance: time, tenacity, patience, trust, a realistic budget plus a decent contingency reserve, clear and achievable ideas, knowledge of the industry and the mind-boggling myriad of rules, warranties, insurances and clause of “reasonable expectations and [...]


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Unit Owners Beware!
31 October 2016 comments Fiona Eccles

Unit Owners Beware!


Insurance costs can be a major part of your Body Corporate Levies….. Do you know what you're paying for??? There are two ways that your Strata insurance policy can be effected on your behalf. One is by the Strata Manager using an insurance broker. The second is by the Strata Manager effecting the cover directly on your behalf with an Insurance Company with whom they have a license. [...]


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Market Wrap - September 2016
31 October 2016 comments

Market Wrap - September 2016


SALES For the September Market update we have included data from Allhomes.com.au along with a few of our own statistics. We have had a very strong month in sales at Badenoch Real Estate with the below sales over the last month; 86 Wanderer Court Amaroo on the market at $490,000+ now sold at $517,000 with 8 offers on the property 12/45 Leahy Close Narabundah on the market at $520,000 now sold [...]


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National Bandanna Day!
31 October 2016 comments

National Bandanna Day!


The team at Badenoch show their continued support for Canteen by taking part in their national Bandanna Day once again. Held on Friday 28th October, the team dressed up with their Bandanna’s to get behind the fantastic work that CanTeen does for young people with Cancer. Don’t forget that you too can make a donation to support this worthy charity that provides funding for  [...]


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Aloha from Symon & Jayne!
31 October 2016 comments

Aloha from Symon & Jayne!


During October I was lucky enough to attend a real estate conference held in Maui, Hawaii.  It was the USA National Property Management Conference with over 700 attendees from around the world not just from the USA. It was pleasing to know they share some of  the same problems that we have here in Australia in regards to managing investment properties.  Below are some of the inte [...]


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