Harcourts Move – April 2024

Hello and welcome to our April Newsletter. 

We have quite a few updates to share with you this month so let’s get cracking!

Short Term Rentals Update

In our short term rentals business, Fiona Cassidy is getting married and going away on an extended honeymoon. I know you will join me in wishing her all the best for her big day.

I would like to take this opportunity to introduce you to Prachi Desai, who will be stepping in for Fiona. Prachi has had extensive experience in the short term space, previously worked for Made Comfy and therefore knows many of the properties we manage and the systems we use.

Andrea is working alongside Fiona and Prachi and we’d like to congratulate her on being with the team for 12 months – great work Andrea!

Speaking of Made Comfy, they have recently upgraded the check-in experience for Victorian short term rentals.  A seamless key exchange and guest check-in processes are crucial for positive guest experiences and maximising booking potential. Read more here >>

Short term rentals through Made Comfy have demonstrated stronger performance compared to long term rentals (LTR), which only means great news for your investment. Their data is showing that property owners have enjoyed 48% higher net revenue compared to LTR during the peak December to February period. Reviewing the past 12 months, properties generated 32% higher net returns. Click here to read more, or get in touch with Prachi to discuss your options.

Property Management Update

In our long term business Christina has had a busy few weeks with a number of new rental listings that have leased very quickly. With a very low vacancy rate, it is often a time to look at options of investing in other properties so if you are interested in getting a sale valuation of your property please get in touch with Christina on 0481 172 556.

As always if you have any questions please feel free to reach out to me.

With Australia’s tax landscape seeing some changes in recent years, the introduction of stage 3 tax cuts is one of the latest developments. These cuts have implications not only for individual taxpayers but also for property owners across the country. This month we have a look at what the stage 3 tax cuts mean for property owners and how they may influence the real estate market. Read more here. 

With all the recent talk of taxation, some of the related terminology used in real estate can get quite confusing so in this article, we have a look at simplifying real estate tax terminology for property owners. Read more here.

Property Sales Update

If you’re looking to increase your property portfolio, or introduce family members to home ownership, we have several properties currently on the market. Christina can help you with any questions about these 2 great opportunities. 

21 Stockwell Street, WYNDHAM VALE, VIC 3024

This 4 bedroom, 2 bathroom home is a splendid example of modern living situated in the esteemed Jubilee Estate of Wyndham Vale. This near-new, quality-built abode is immaculately presented and offers a spacious sanctuary for families, investors, and first home buyers alike. 

Expressions of interest are closing on 19th April so get in touch with Christina on 0481 172 556 or click on this link to find out more. 

44 Madden Boulevard, TARNEIT, VIC 3029

For sale through a forthcoming auction,  44 Madden Boulevard presents an exceptional opportunity for families and investors alike. This meticulously maintained property boasts a substantial family home that provides a harmonious blend of spacious living and contemporary comfort. Find out more here or get in touch with Christina on 0481 172 556.

I hope you have enjoyed this month’s newsletter and I thank you for being part of the Harcourts Move team. 

My team and I are always here to help and if you have any questions please don’t hesitate to get in touch.

Until next time, stay connected.

Sadhana and the Harcourts Move Team