Property Investor Update
May 2015
We put you first
In Adelaide, Elizabeth
Park’s rental yield of
8.80 per cent was up
from 6.70 per cent last
year.
Doreen in Melbourne
produced a gross
rental yield of 8.67 per
cent, which was an
increase from 4.57 per
cent.
Where are the best rental yields
nationally?
one.
add a granny flatand
toCanberra
your rental
property?
Darwin claimed the
Only one Australian
capital city has failed to
make an appearance
in the top 50 suburbs
producing big returns.
According to
CoreLogic RP Data
statistics for March,
Sydney was the only
capital city not
represented in the top
50 suburbs returning the
largest rewards to
investors.
Brisbane suburbs
dominated the highest
rent-yielding list, with 18
producing top returns.
Adelaide was not far
behind, with 15 suburbs
also making the cut.
Hobart had eight
suburbs in the top 50,
Melbourne and Darwin
three apiece, Perth two
highest two rent-yielding
suburbs for March, with
Zuccoli producing a
rental yield of 14.55 per
cent and Johnston 13.27
per cent.
No data was available
for Zuccoli in March
2014, but Johnston’s
rental yield decreased
from 15.38 per cent.
Next was Gagebrook in
Tasmania, which
recorded a gross rental
yield of 9.15 per cent
compared to 9.4 per
cent the previous year.
Clarendon in Tasmania
produced a gross rental
yield of 8.87 per cent,
which was a marginal
increase from 8.09 per
cent.
In Brisbane’s first
appearance, the
suburb of Bellara
recorded a rental yield
of 8.57 per cent, up
from 5.53 in March
2014.
Hillcrest in Brisbane
produced a rental
yield of 8.35 per cent,
a rise from 5.74 per
cent last year.
Risdon Vale in Hobart
recorded a gross rental
yield of 8.26 per cent,
up from 7.74 per cent.
The Adelaide suburb of
Elizabeth South
rounded out the top
10 highest rent-yielding
suburbs in Australia.
It produced a gross
rental yield figure of
8.09 per cent, up from
the 7.03 per cent
recorded in 2014.
Sources” CoreLogic RP Data
and rpmonline.com.au
Sabrina Loschiavo – Senior Property Manager
Ph: 8798 2661 Mob: 0431 560 322
Email: [email protected]
Have you got your Tax
Depreciation Report?
Every investment property
owner needs a capital
allowance and tax
depreciation report. As a
building gets older and
items within it wear out,
they depreciate in value.
The ATO allows property
investors to claim a
deduction related to the
building, plant and
equipment items
contained within it.
Any landlord can claim
depreciation. This
deduction essentially
reduces your taxable
income. There are usually
thousands of dollars to be
claimed in depreciation
deductions on any
investment property.
Benefits for investors
claiming tax depreciation
include:
1. More money in your
pocket at tax time
2. You can adjust your
previous tax returns – get
your money back from
the ATO
3. The fee for a tax
depreciation report is
100% tax deductible
With End of Financial Year
fast approaching, ask
your First National
property manager how
you can get yourself a
report.
Inflation rate and
cost of living
As well as making sure that you
can legally increase the rent,
investors need to apply some
judgment.
That said, few tenants would
give notice if the rental increase
was nominal. It’s worth
weighing up your judgment
against possible consequences.
Inflation has been very low over
the past 12 months and
borrowing costs are at all-time
lows, so it may not be justifiable
to ask for an increase, even if it
is allowable.
Perk up with passive
heating
As temperatures fall for autumn
and winter, we'll all be looking
for ways to heat our home
efficiently, whether it's a rental
apartment or a family home.
One solution to big power bills
could come in the form of
passive heating, enabling you
to snuggle up a bit more
comfortably while still avoiding
astronomical bills. So what is
passive heating, and how do
you install it in the home?
It's a trap!
Not a trap for you, of course,
but for the heat that enters your
home. The Australian
Government's Your Home
website says passive solar
heating is something that can
"let in winter sun while ensuring
Recent Rental
Results
Holsworthy
7 Provost Mews
4 Bed 2 Bath 2 Car
$570 pw
Hammondville
73 Walder Road
5 Bed 3 Bath 6 Car
$950 pw
Sandy Point
65 St George Cres
3 Bed 1 Bath 1 c/p
$500 pw
Hammondville
15 Pritchard Ave
3 Bed 1 Bath 1 c/p
$520 pw
the building's overall thermal
performance retains that heat
in winter".
Wattle Grove
9/11-13 Armata Ct
3 Bed 1 Bath 2 Car
$460 pw
This means setting up a home
so that daytime heat
emanates throughout the
home, and remains inside so
that it keeps your interiors
warm when it cools down
outside.
Chipping Norton
66 Epsom Rd
4 Bed 2Bath 2 Car
$550 pw
How do I do it?
One important aspect is
making sure that blinds on the
north-facing daytime living
areas in your home are able
to let sunshine in. The right
glass and glazing is also
important, as it can let the
heat in, but won't let it
escape.
At night, close all your curtains
to minimize heat loss.
On top of this, you need to fix
up any cracks or draughts in
the home. These let heat
escape, defeating your
home's passive work. Insulation
also helps to trap the warmth,
but is slightly more expensive.
For more information and
useful tips, download our
Energy Efficiency Guide from
firstnational.com.au
ent Sale
Results R
Recent Sale
Results
Hammondville
118 Meehan Ave
4 Bed 2 Bath
Auction
$690,000
Pleasure Point
12 Riverview Rd
6 Bed 4 Bath 3 Car
Sold
$1,650,000
Sandy Point
71A st George Cres
4 Bed 2 Bath 2 Car
Sold
$1,000,000
Moorebank
4 Topin Place
3 Bed 2 Bath 1 c/p
Auction
$720,000
Holsworthy
16 Mubo Cres
4 Bed 2 Bath 1 Car
Sold
$645,000
Wattle Grove
9/11-13 Armata Ct
3 Bed 1.5 Bath 1 Car
Sold
$560,000
Shop 54/38-62 Walder Road
HAMMONDVILLE NSW 2170
www.davidsonfirst.com.au
+612 8798 2661