Which rental properties will be most affected by COVID-19? & FREQUENTLY ASKED TAX QUESTIONS FOR RENTAL PROPERTIES AFFECTED BY COVID-19

Which rental properties will be most affected by COVID-19? & FREQUENTLY ASKED TAX QUESTIONS FOR RENTAL PROPERTIES AFFECTED BY COVID-19


Most commentators are predicting that rents will drop in the coming months due to less tenant demand and more supply.

According to Domain figures, the number of rentals hitting the market was up 18 per cent in early April compared with the same period last year.

So, will this apply across all rental markets, and which rental markets will be most affected?

Tourist hotspots

Areas like Port Douglas, Gold Coast, Sunshine Coast have long been a hotspot for Airbnb and short-stay accommodation servicing a short and medium-term international market.

Typically some of Australia’s strongest rental markets, now the areas are experiencing an oversupply. The exodus of tourists coupled with the short-term rental ban has forced landlords to seek longer-term tenants.

Many rental properties are vacant, forcing landlords to discount their rent to attract tenants.
While the good news is that this situation is temporary, the bad news is we don’t yet know when…

View original post 1,314 more words

About ljgrealestate 据联大

Removing the Hassle from Sales and Rentals across South East Queensland. Aim to Empower other like minded Property Investors. LJ Gilland Real Estate Pty Ltd LREA推荐书LJ Gilland房地产 http://ljgrealestate.com.au/testimonials/ http://ljgrealestate.com.au/competitive-commission/ http://ljgrealestate.com.au/property-management/ http://www.facebook.com/ljgrealestate L J Gilland Real Estate is a prestigious boutique agency specializing in Property Investment Management Services and the Sales of Investment Properties with tenants in place. Comprised of a top performing group of handpicked specialists, our Agents proudly serve Property Investors in Queensland. Since 1996 our Agency has demonstrated a genuine enjoyment of working with people, developing long-term relationships and delivering on the promise of great service. Carlos and Linda Debello offer property investor's the confidence to sell and lease in any market. We provide comprehensive market appraisals, exclusive multimedia marketing campaigns, and knowledgeable, highly personalized counsel on all aspects of real estate. Our Property Management Team is equally considerate, offering investors with in-depth advise, well-researched rental valuations, and highly professional rental management services. http://goanimate.com/movie/0M4bvcZzgIbI?utm_source=linkshare&uid=0u6RGtWsmlVc Carlos’ direct mobiles are 0400 833 800 & 0413560808. Linda’s mobiles are 0409995578 & 0414978700 (prefer email contact for Linda). Office 07 3263 6085. http://www.ljgrealestate.com.au http://www.yellowpages.com.au/qld/aspley/lj-gilland-real-estate-pty-ltd-14091356-listing.html http://au.linkedin.com/in/lindajanedebello http://twitter.com/GillandDebello http://www.facebook.com/pages/ljgrealestate
This entry was posted in LJ Gilland Real Estate Pty Ltd. Bookmark the permalink.