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Property investment is not a one stop journey; there are several stops one needs to make and experts to visit along the way. The Wakelin Property Advisory Streets Ahead Bus Tour takes you ‘on site’ to explore the six key stops to ensure a sound investment with experts in each field to help guide you.
View Emily Stewart's report from ABC's Lateline on fear of apartment oversupply in major cities with commentary from Richard Wakelin.
Owners of established properties should not be complacent. They are still vulnerable from many sources of underperformance, not least the poor upkeep of the asset and an unwillingness to meet contemporary expectations of tenants by keeping features up to date. Even the most conscientious investor can come a cropper when they are only one voice amongst many, and it turns out that their fellow apartment owners are short-sighted ‘she’ll be right’ types.
It’s a competitive world out there. There are hungry landlords who want your tenants and will try to tempt them away with a keenly-priced rent and a well-presented and conveniently-located property. Your best defence against this scenario is to remain competitive