Weekly rents go up and down, repairs and maintenance requests keep coming, and the cost of owning an investment property are rising. Landlords have as many problems as tenants.
“The data for the June quarter 2017 clearly shows an uptick in activity on an annual basis across the board, which is pleasing," said REIWA president, Hayden Groves.
Government must act quickly to amend legal loophole: REINSW
A legal loophole emerged in February, after the Court of Appeal declared that the NSW Civil and Administrative Tribunal, which handles disputes between tenants and landlords, has no jurisdiction if one party lives in another state.
Perth leasing activity jumped 32 per cent in May, after the Easter and ANZAC Day holidays slowed down the market in April, says Hayden Groves, president of the REIWA.
