Changes to NSW strata and community land laws

Changes to NSW strata and community land laws

  Strata has quickly become a large and complex part of the housing mix in our state. Updated laws that aim to make strata and community living fairer and more transparent are now in place.

Changes to NSW strata and community land laws* started on 11 December 2023. The changes: make it easier and fairer to keep pets affect managi...
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Tougher assessments from the Banks

Tougher assessments from the Banks

  When you apply for a mortgage, the lender uses a series of criteria to assess how likely you’d be to repay the loan. As part of this process, the lender also considers whether you’d be able to continue making your repayments if interest rates were to rise. Generally, lenders will apply a buffer of at least 3.00 percentage po...
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Rents expected to keep rising, however at a slower pace!

Rents expected to keep rising, however at a slower pace!

  Property investors have enjoyed a golden run over the past five years, during which the national median rent increased 39.7%. However, in July, rents increased just 0.1%, which was the slowest growth since 2020, according to CoreLogic. At the same time, annual rental growth has been trending down over the past few months. Between Febru...
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Snake Safety - A funny story!

Snake Safety - A funny story!

  Andrew began working for Noble in January 2023 as a relief building manager for Park Plaza and Jade Gardens. He came to work for us after running his own aquarium business in Campsie for ten years. Early into his time with Noble, Andrew received a late-night call from a distressed resident of Park Plaza. The resident had spotted a large...
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Why rents are expected to keep rising

Why rents are expected to keep rising

  Rents have increased in most capital cities over the past year and are likely to continue rising throughout 2024, according to a leading property data expert. Between the December quarters of 2022 and 2023, the median rent on realestate.com.au rose 11.5%. That included double-digit gains in Perth (20.0%), Melbourne (18.3%), Sy...
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