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  1. steveadl

    Rents Falling!

    Ha true, but I'm not the most people friendly/understanding person when it comes to people whinging about prices. If I did it myself in my own personal way, they'd probably trash the place to spite me. Ah yes, good ol residential property eh Daz. :D I get to deal with enough whingers in my...
  2. steveadl

    Rents Falling!

    That can work if the rental rate is stagnating and you're just intending to bring it back up to market. If the market rate if growing well, then the $60pw rise over 2yrs could well end up $60 below market again at the end of that 2nd year and you have the unpleasent task of telling the tenants...
  3. steveadl

    Rents Falling!

    In SA you don't have to give reason for not renewing a lease at the end of a term (ie. no need to claim maintenance/reno issues etc). If they're on periodic, the same 60 day notice without reason Nathan mentioned applies. We've gotten rid of a couple nuisance tenants like this.
  4. steveadl

    Rents Falling!

    Outer northern Adelaide suburbs increasing quite rapidly, we've found ourselves about 10% behind in DP only a few months after getting a new tenant in, EN has just been increased for 2nd time in 7 months. Even inner northern burbs seem to finally be stirring, supply appears to be much lower...
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