Monthly Archives: April 2014

Should you Turn your Home into an Investment Property? Ask Yourself These Five Questions

Many property owners have considered moving out and turning their original home into an investment property – and there are a number of benefits to this. You can avoid hefty selling and buying costs if you want to purchase another property, you can attain the flexibility of a renting lifestyle, perhaps in a more affordable area and you already know the area so well.

However, is this really the right approach for you? For five questions you need to ask yourself about converting your home into an investment please click here.

Article provided by Property Observer Pty Ltd

http://www.propertyobserver.com.au/forward-planning/investment-strategy/29387-standby-march-13-should-you-turn-your-home-into-an-investment-ask-yourself-these-5-things.html

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Swimming Pool Certificate of Compliance Deadline Extended

The NSW Government has extended the deadline for new rules that require a property with a swimming pool to have a Certificate of Compliance.

From 29 April 2015, properties with a swimming or spa pool cannot be sold, and new residential tenancy agreements cannot be entered into, unless they have a valid Certificate of Compliance or relevant Occupation Certificate. A Certificate of Compliance is valid for 3 years. These requirements also apply to common property pools and spas in strata schemes. It is the responsibility of the owners corporation, manager or operator of the common property to ensure that the pool complies with pool safety laws.

Pool owners are required to register their pools with the NSW Government Swimming Pool Register. Registration of each pool is only required to be done once.

Refer to our fact sheet here.

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Daylight Saving Reminder

Daylight saving in New South Wales commences on ends Sunday 6 April 2014 at 3:00 am, Eastern Standard Time.

Please remember that all clocks will need to be put back one hour.

Should you have any common area lighting or other devices that require adjustment, please contact your Strata Manager to make the necessary arrangements.

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