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Category Archives: Investments

Shane Spence Real Estate Fairlight

New listings continue to rise!

New listings continue to rise, but are they in the areas where you want to buy? Eliza Owen from Corelogic 20 October 2021 As lockdown restrictions ease across Sydney, Melbourne and the ACT, the spring selling season has started in earnest,

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Housing turnover reaches the highest level in nearly 12 years

I often hear property buyers lamenting the shortage of stock in the current market.  My impression was quite different.  I thought the market was well stocked.  High demand created by low interest rates was causing properties to be sold in

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Prepare for new planning changes for short-term rental accommodation

posted by: Shane in: Investments, Manly, Real Estate

Prepare for new planning changes for short-term rental accommodation Are you responsible for letting short-term rental accommodation (STRA) properties? Work with your clients to ensure they register before 1 November 2021 to let out their property for summer. You can also register your client’s

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Doing It Right!

Doing It Right!

posted by: Shane in: Investments, Real Estate

Hiring The Right Trades If you own an investment property? Maintenance work will need to be done. A handyman often comes to mind as a good low-cost alternative to engaging a licensed contractor. They are limited however in the types

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Manly Sold Auction

Auctions Still The Way To Go

I wrote this article in April 2019.  What a difference two and a half years make.  Here we are in October 2021 in the middle of the biggest boom I have witnessed in 32-years of real estate.  Still my advice

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Cost Of Owning An Investment Property?

For every dollar of rent collected an investor should assume that around 30% of that income should be set aside for running the property. Considering a typical 2-bedroom unit, which might lease in the local area for say $650 PW

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Fairlight, Real Estate, agent, Shane Spence, Sales Property, rent, lease. house, unit

Are You Inside The Tent

Many people misunderstand what it is a real estate agent does. Most people would say agents sell real estate. Unless they happens to be the Vendor, agents are not selling real estate for a living.  If that was the case, that would make the person a real estate

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Manly Beach Real Estate

Manly Real Estate – Properties Wanted

The Manly Real Estate Market continues to surge on the back of low interest rates and a shortage of stock. More and more we hear people questioning how long the value of properties in Sydney Real Estate Market can continue to

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Sydney Rental Real Estate Market

posted by: Shane in: Investments, Real Estate

Tenants get the upper hand when renting a three-bedroom home in Sydney’s south west The following content is extracted from an article published by Jennifer Duke at www.domain.com.au.  Here in the Northern Beaches area, the situation isn’t quite so bad

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Negotiating Manly Real Estate

Are You Inside The Tent Many people misunderstand what it is a real estate agent does.  Most people would say we sell real estate.  Unless the property I am selling happens to be my own I am not selling real

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