West End Real Estate News

Landlords and Tenants and what you need to know about VCAT

  VCAT is a dispute resolution service for landlords and tenants. Most disputes arise over rent arrears and end of tenancy issues such as cleaning of a property. In many instances a dispute should be, and is, resolved before heading to VCAT. The property managers at West End Real Estate, Geelong, have had years of...

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Renting and the Application Process

As property managers, we are required to submit all tenancy applications to the owner of a property. In order to do this, we need to have a rental application completed by all parties to the tenancy. Each applicant must complete an application form and submit it with the required documentation, eg: previous rental history, employment...

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Landlords – Leasing and Managing Authority explained

Potential landlords should know what documentation is required before engaging the services of a property manager. In this week’s podcast, Gina and Rosa discuss why you need to sign the Leasing and Managing Authority and some of the legalities involved with the Authority.  

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Vacating a rental property in Geelong and surrounds

Moving home at the end of a tenancy can be stressful, there are so many items to ‘tick’ off before handing your keys back to your agent. Once you have given the required notice to vacate, your agent may send you a confirmation of the notice received, a check list of what you need to...

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Know your criteria before leasing a property

Having a check list before searching for a rental property is a useful tool. Write your wish list of ‘must haves’ and ‘ desires’ in a property. For example, what type of heating is preferred, do you need cooling. Consider if you need to be close to particular amenities, especially schools, public transport. Look at...

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Lease renewals – Geelong Property Manager

In this weeks podcast, we discuss the advantages of renewing your lease. Renewing your lease will give you security of knowing where you are going to live for a fixed period of time and it also gives the owner security knowing that a fixed term tenancy is in place. As a tenant, you will know...

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Breaking a rental lease

Breaking a lease refers to vacating a property before the fixed term lease ends. Tenants usually break their lease if their circumstances drastically change, eg: interstate job transfer or separation from a partner. When breaking a fixed term, residential tenancy lease, you should be aware that you may incur some break lease costs. These costs may include...

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Before investing in property in Geelong talk to a property manager

With the oversupply of investment property available in the current Geelong market, it is important to make an informed business decision about your purchase. Research and preparation are key elements in assisting with the process and an investor should consider some of the following points: Location: It is rare these days for an investor to...

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Why the right property manager matters – Geelong

Many years ago when I had absolutely no knowledge of property management, I responded to a family who were in dire need of a roof over their head. Before I knew it, they had moved into our vacant property. Unfortunately they didn’t move in as legitimate tenants, but as squatters. I had no idea how...

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Property management Geelong – A year in review

As 2015 draws to a close we can take the time to reflect the property market from a rental perspective. Three years ago rental yields were at an all time high and in my years as property manager I had not seen such high rents, with demand pushing them even higher. Turn to 2015 and...

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