Reventon

Rental Market Stabilises   This Week in Real Estate, Finance Manager Jin Sakhare discusses the stabilisation of the rental market, despite vacancies hovering around record lows. In other news, the auction market is starting to take off as we approach the Spring selling season!

Congratulations to the Reventon Leadership Team! 🎉 We want to congratulate the leadership team at Reventon for completing the Harvard Leadership Course (Harvard Manage Mentor). Over the past 12 months, our leadership team have been on a journey practicing and perfecting how to lead and mentor people, all thanks to the brilliant guidance of our mentor Adrian Hondros from Hondros Consulting PTY LTD. So a special thank you to Adrian for leading us through this, and also Gary L., Alexa Chatfield, Lindsay-Leigh Hocking, Nathan Waters, Donna Batziris, Zen Christofi, Marcus Walford and Lachie Morrey. Massive effort team, can't wait to see what we can do next. 🙌

We love a good news story for our clients! Nadia and Andrew had never invested before, and wanted to explore what options might be available to them. After coming in for a Reventon consultation, we were able to restructure and consolidate their finances, which enabled them to purchase their first investment property. We were able to secure an incredible deal for them, almost $50K under market value in a pocket of Perth we’d identified with massive growth potential. Now nearing completion of the build, we’ve seen the market grow a further $150K in value. Reventon were able to help Nadia and Andrew pay off their home, buy an investment property that’s seen $200K uplift in value, and since filming this video, they’ve been able to leverage this equity to buy a second investment property as well. If you’re looking to take control of your finances and start your investment journey, give us a call today on 1300 039 376.

The Perth property market has grown by 24% in the past 12 months, an absolutely astonishing rate of growth not being matched by anywhere else in Australia. Our clients over there have enjoyed some incredible property uplift and we've got so many success stories like these from our clients who've invested in WA.

Property is the safest investment! While the stock market crashed last week, property remained the safest and most profitable investment you can make, up for the 18th consecutive month. Finance Team Leader David Lawson discusses the relative strength of the property market and where are the best places to invest.

Super proud of Lachie Morrey and the team here at Reventon for the amazing work they do for our clients, day in, day out. If you're looking to start your investment journey, contact Lachlan today.

One of Marcus' client's was looking for somewhere for his daughters to live while they attended university. When he sat down and spoke to our Senior Investment Strategist Marcus Walford, we realised there was an opportunity for him to not only house his daughters for their studies, but also secure his retirement. In this video, Marcus discusses how he was able to find the perfect solution for his client. 

Rents continue to surge The national median weekly rent value hit a record high in June and is $48 a week higher than at the same time a year ago. The national rent is now $634 per week,and we're seeing a trend of renters starting to favour larger dwellings. More renters are moving into larger properties together to try and reduce their overall costs. For houses, rents increased 8.4% nationally in the year to June, and this ranged from a 7.6% increase in houses with up to two bedrooms to 8.7% in larger houses with five bedrooms or more. At the same time, the pace of rent growth for one-bedroom or studio apartments has slowed from 16.8% in the year to April 2023 to 7.1% in the past 12 months. Larger rental properties are showing more resilient rent growth, despite being more expensive. This is because the average rent for a bedroom (i.e. total rent divided by number of bedrooms) is lower the more bedrooms are available in a property. 

Land Values are Soaring!   This Week in Real Estate, Zen Christofi Jnr discusses how prices across the country, but especially in the smaller capital cities of Brisbane, Adelaide and Perth are continuing to soar. At the same time land sales are down almost 10% for the year, meaning prices should continue to grow for a long time to come. Get in touch with Reventon today to discover the best options for you in property investment.

A young teacher on a single income, Stephanie knew she needed to own property if she didn't want to be renting forever, but was struggling to afford anything in Melbourne's eastern suburbs near her school. After going to a series of auctions for old apartments that were continuously going for higher prices than her borrowing capacity, she turned to Reventon to help her out.    Zen Christofi and the team at Reventon were able to find her a three bedroom new build in Perth that she could actually afford. Stephanie was actually the very first client we got into WA, and since signing over a year ago, has seen a property uplift of more than $120,000 in value.    Since filming this video, Stephanie has completed her build and secured a tenant, with weekly rent far exceeding what she was initially quoted before the build. With the Perth market continuing to tighten, we expect her property value to keep growing.   Stephanie is now Rentvesting in a spacious house with a large garden only 8 minutes drive from work. Thanks to Reventon, she's able to live the life she wants, and also have her money working hard for her.