Although Victoria has been hit hard by a second wave of COVID-19, the state’s real estate industry has been quick to adapt to the new restrictions and there are still opportunities for savvy investors.
In this episode of The Smart Property Investment Show, host Phil Tarrant is joined by the president of the Real Estate Institute of Victoria, Leah Calnan, to talk about how the Victorian market has tracked throughout the pandemic, how the second spike is affecting the number of rent reduction requests, and what property managers and landlords can do to navigate such challenges.
Leah explains the process of ending a tenancy through VCAT, the difference between what she’s seeing on the ground and what’s being conveyed in the media, and her recommendations for investors considering the Victorian property market.
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Phillip Tarrant is executive editor – Real Estate at Momentum Media. He is also an investor with a large property portfolio.
He leads the content strategy and corporate growth for a range of market and business intelligence platforms at Momentum Media, including Smart Property Investment – the authoritative voice for Australia’s property investment community.
As head of the Smart Property Investment Podcast Network, he also steers the largest network of property podcasts in Australia, which collectively generates nearly 2 million downloads every year.
There are over 2.6 million investment properties in Australia, with over 2.1 million Australians (or around 8 per cent of all Australians) owning one or more investment properties. A vibrant and critical sector for... Read more
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