Harcourts Move
Published on: 22 May, 2023
Hello, and welcome to the Harcourts Move update for May 2023!
The weather has certainly turned quickly and it is hard to believe we are nearly halfway through 2023. Here are some interesting notes about the Melbourne Real Estate Market:
I am excited to introduce you to Lisa McConaghy, she is joining us as a Senior Property Manager with significant experience.
Deanna made the decision to move to Cairns earlier this year and we wish her all the best.
Apart from her experience, the key reason why we brought Lisa onto our team is her high levels of understanding and empathy with our owners and tenants.
Over the next few weeks, Lisa will be touching base with you to introduce herself.
Depreciation on investment properties
As an asset with significant value, your investment property is subject to a range of changes each year that depreciates its value.
The better you understand these changes, the smarter you can be about claiming back some of your investment property’s depreciation in your annual tax returns. Read more here.
Should you invest in a short-term rental property?
Investing in a short-term rental property can be a way to purchase an investment property or potential holiday home and diversify your investment portfolio.
Have you considered this as an investment option?
5 Ways to Prepare Your Investment Property for Winter
Winter is right around the corner, and with that comes a range of tasks you should complete to ensure your investment property is ready for the cooler months to protect it against any potential damage from low temperatures, mould, and winter storms.
Keep reading to learn more here.
Thank you for being part of Harcourts Move. As always, if you have any questions or issues please feel free to contact me directly.
Sadhana
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