Brisbane landlords « Bees Nees The Buzz

Posts Tagged with Brisbane landlords

The poor tenants of Brisbane! City Council’s new fine of $100 is going to stink out Brisbane rental properties.

Posted by admin on 25 February 2010

We’ve just read all the news online about the new fine imposed for leaving your bin out for more than 48 hours and we don’t strongly disagree.
As residents of inner city and suburban streets of Brisbane we like a neat street. But as real estate agents we wonder – who will pay the fine?

We’ve today gone out to a property under our management to complete the exit inspection, the tenants have moved on. The tenants have done exactly what we expect them to do and left their bin out waiting for bin day. I’m not dragging it in and dragging it back tomorrow (especially on 30 homes a month) Where would agents fine time. And..Yuck!

366 comments on news.com.au clearly shows people have an opinion on this issue. As a tenant or landlord in Brisbane what would you prefer?
a) Tenant leaves bin on street and property manager pulls in within reasonable time frame
b) Council fines landlord, so bin is left inside and stays full (ooh stinky for next tenants)

We know for sure it will be landlords that will pay the fine (Council has all their records at their fingertips and nothing for the tenants) and that doesn’t seem fair.

We know it is an issue, but I think a ‘repeat offender’ system might have to be adopted. Your thoughts?

Tags: Brisbane City Council, Brisbane landlords, Brisbane Property Management, Brisbane property manager, Brisbane rental properties, Brisbane tenants, real estate agents Brisbane
Posted in Brisbane landlords, Brisbane's future & new infrastructure, Brisbane's rental market | No Comments »

Brisbane rents flat-line: Where will 8% growth come from?

Posted by admin on 16 January 2010

MEDIA RELEASE
Saturday 16th January 2010

New data on Brisbane’s rental housing market was released yesterday and it shows the city’s rents flat-lined during 2009. According to the Residential Tenancies Authority statistics, the December quarter again showed no change to median weekly rents.

Bees Nees Research Managing Director, Rob Honeycombe says a typical Brisbane house has now had the same rent for a year, with apartments rising just 1%. So this week’s controversial Australian Property Monitors forecast for an 8% rise during 2010 is “ambitious”, he said.

“There’s a shortage of rental homes, no doubt about that. But 8% growth is a big leap from 0%”, Mr Honeycombe said.

December’s stats showed a 3 bedroom Brisbane house rent remained at $370 per week while a 2 bedroom apartment still costs $355.

Mr Honeycombe said the APM forecast pointed to greater job confidence amongst Brisbane tenants and the end of the First Home Boost as stimulants for higher rents.

“On the ground, real estate agents are reporting a busy January market with a lot more turnover than any time during 2009. But tenants are not generally agreeing to big rent increases. There’s obviously still caution about their jobs and rent affordability remains top of mind.”

“Landlords are still cautious too. Their mortgage rates are up and they don’t want to risk a vacant home.”

“This will be a better year for property investors but we’d argue the rent rise will be a steady one.”

Bees Nees Research