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In: Body Corporate, Facilities Management, General Interest, Landlords, Tenants, Renting and Management, Motels and Hospitality

Contributed By: TheOnsiteManager.com.au on

A few weeks ago we published an article exploring why onsite managers might want to consider jumping on the AirBnB bandwagon. It featured a number of pro-AirBnB comments we’d received from our members, many of which centred around the positive effect it had had on their revenue. But on the other side of the coin, we also received a substantial response from the opposing camp. The picture they painted was far from rosy – in fact the overall impression was that, as this article’s slightly sensational-sounding headline might suggest, AirBnB and strata living might never be able to peacefully coexist. This isn’t to say thatRead More →

In: ARAMA, General Interest

Contributed By: ARAMA on

Be prepared for fire, floods, cyclones and locusts plaguesQUEENSLAND’S climate can be a magnificent thing but when it’s bad, it’s wicked.Once it was a given that winters were mild in Queensland and summers hot and stormy.But in recent years we’ve found that storm season can arrive at any time, and resident managers have to bevigilant all year round, always at the ready to protect the properties they oversee.Queensland is considered the most disaster-prone state in Australia, with more than 100 natural disasterssince 2011 – including floods, king tides, cyclones, and bushfires.These events have had a devastating impact, with reconstruction and recovery costs exceeding $22 billion.AndRead More →

In: Uncategorized

Contributed By: Mike Phipps Finance on

“My life has been full of terrible misfortunes, most of which never happened”Michel de Montaigne This time of year, my habit is to publish a few observations regarding the year just passed. I usually intersperse these pithy remarks with some crystal ball gazing and a dose of scepticism for good measure. Not this year my friends. It’s now 25 years since we welcomed in the millennium and we now find ourselves at quarter time in the 21st century. What an opportune moment to look back at the events that have shaped us over this past two and a half decades. Given the scope of theRead More →

In: Accounting and Finance, Facilities Management, General Interest, Landlords, Tenants, Renting and Management

Contributed By: TheOnsiteManager.com.au on

Calvin Bailey Management Rights (CBMR) recently announced that theyhave expanded their management rights sales operations to theSunshine Coast.Alex Barker Ré, is head-lining this new and exciting enterprise.Here are some things you might not know about Alex… FROM POP STAR TO 5-STAR MANAGER AND BROKERAlex hails from a very interesting background. Before meeting his wife, Eloise and moving to Queensland and thewonderful world of management rights, Alex was a musician inManchester – a drummer and keyboardist – and founded the bandSwish, landing high on the charts with original songs such as“Getaway”, “Love Moon” and “Slowly “. He loved this life, but it was not possible toRead More →

In: ARAMA, General Interest

Contributed By: ARAMA on

FOR the last few weeks the world’s economies have been on a financial rollercoaster ride that has left many investors nervous and queasy. The on-again, off-again tariff impositions by the Trump government in the United States have seen stock-markets behave like dodgem cars without steering wheels. Markets hate uncertainty. But those of us who work in management and letting rights have always admired the extraordinary resilience of our industry, and in this time of global uncertainty we can be glad we work in a business with strong foundations and a proven track record to weather storms of any kind. Buying into management and letting rightsRead More →

In: REIQ

Contributed By: Jane Garcia on

Queensland’s property market is continuing its impressive run with median sales prices steadily creeping up, according to the latest data released by the Real Estate Institute of Queensland (REIQ). The quarterly median sales results for the June 2024 Quarter demonstrate the Sunshine State continues to go from strength to strength in property price performance. The statewide median house price climbed 4.46 per cent over the quarter, and an impressive 12.14 per cent over the year. Not to be outdone, Queensland’s median unit price rose five per cent over the quarter, and 14.14 per cent annually. The market also quickened its pace, with the median numberRead More →

In: General Interest, Legal

Contributed By: Mike Phipps Finance on

These days, as I contemplate the ride into the retirement sunset, I seem to be spending more and more time dispensing wise counsel. Of course, the managing director and I have agreed to differ in respect of my definition of wise. She posits that like Joe Biden, if you hang around long enough some people will assume an age and wisdom convergence while ignoring demonstrable cognitive decline. I counter that a capacity to write the previous sentence is testimony enough to my undiminished mental faculties. Took me two days to finish that sentence and at some point it included reference to a fishing trip, butRead More →

In: The Management Rights Market

Contributed By: Jane Garcia on

The Management Rights market seems to be at a crossroads of late. We’re seeing record levels of visitors coming to the site looking at management rights – July saw 38,000 visits and June (which is a day shorter of course) saw 37,000 – both months performing above our long-term average of around 35,000 visits. Despite this we logged 1,334 sales leads for July whereas June saw 1,474 sales leads (ie: telephone calls and emails) off a long-term average of 1500 enquiries a month. Traffic is trending up, but engagement is trending down at the moment, to me that signals a market sentiment that is curious, butRead More →

Contributed By: Jane Garcia on

The Smart Strata community education seminars are fast on the horizon once again, and now is the time to secure your comfortable seats as registrations are now open! The face-to-face format of our seminars allows attendees to engage directly with expert speakers, connect with suppliers and ask questions, fostering a collaborative learning environment and enabling participants to address specific issues relevant to their strata communities. By offering a platform for learning, networking, and sharing insights, these seminars contribute significantly to the ongoing education and development of strata committees and residents alike. The commitment to hosting these events twice a year demonstrates Smart Strata’s dedication toRead More →

In: Landlords, Tenants, Renting and Management, Real Estate, REIQ, The Management Rights Market

Contributed By: REIQ on

The Real Estate Institute of Queensland (REIQ) says consecutive lifts in the state’s quarterly residential vacancy rate is a promising sign that rental conditions are improving. The REIQ Residential Vacancy Rate Report for the June 2023 Quarter, released today, covers 50 local government areas (LGAs) and sub regions in Queensland, and comes as the state-wide vacancy rate rose to 1.0% for the first time since December 2021. While the vacancy rate remains ‘tight’ (0 – 2.5%) across the vast majority of Queensland, over the June quarter it relaxed in 38 regions, held steady in three, and tightened in nine. REIQ CEO Antonia Mercorella said theRead More →

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