Orbit Property Blog

We write regular blog articles regarding current property trends, property management advice as well as up-to-the-minute industry news that affects investors and new home buyers.

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Variations in a building contract: what are they and how to avoid them

You may have heard people talking about how they ‘got hit’ with variations when building or even renovating. Variations can easily blow your building or renovating budget; however, they are often avoidable if you know what you are doing. What is a variation? The term ‘variations’ refers to changes to what’s been agreed upon in […]

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How to prepare your home to rent

Preparing your own home for other people to rent is not as simple as just moving out and putting a for lease sign out the front. There are several things you should consider before handing over the keys to your home to a stranger. So, why is it important to prepare your home to rent? […]

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Do I get a warranty when I build a new house?

The answer is yes. However, there a several different warranties that may cover your new home, each covering different things and for a different period. The below information sourced from Queensland Building and Construction Commission: Non-structural Defective Work – As a contractor, you may provide a 6- or 12-month statutory warranty from the date of practical completion […]

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WHAT IS A RENTAL BOND?

If you are looking to rent a property, you’re going to be required to pay a bond. It can be a big upfront cost, so what is it for? Generally, your rental bond is worked at out four times your weekly rent and can be thought of as a security deposit. It is there to […]

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So, what is it that your property manager should be doing for you?

As an property investor, do you know what the key responsibilities of a property manager are? At Orbit Property we go above and beyond for all our clients. But there are some basic property manager duties that ALL property manager should be doing. Below we highlight some of the roles and primary obligations. Key property […]

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Five things to keep in mind when looking at a display home

Visiting a display home is hands-down can be one of the most exciting steps in your research journey. But before you get wowed by all that these houses have to offer, here are five crucial things to keep in mind. Know your budget   It is important to know your budget as this will determine […]

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Importance of power point positioning in your new home

When building your dream home, there are many decisions to be made from your house design, internal and external colours, tiles, carpet, tapware and cabinetry. Then will come the electrical plan. The electrical plan will specify where all the lights are to be positioned.  It will also indicate the number and position of the power […]

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Optional extras when building – here are the top 5 picks

We have all been a display homes and fallen in love with the optional extras that a jammed packed into these homes. Display homes look good for a reason. Not only are they professionally styled but all those optional extras will cost extra when you build your new home. So, what are the optional extras […]

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What is a house and land package?

The term ‘house and land package’ seems self-explanatory but understanding what is and isn’t included can be tricky. A house and land package is when a buyer secures a block of land and the construction of a home in one process but two contracts. House and land packages are a popular option for buyers as the know […]

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Tips on making your rental property feel like home

Wanting to make the home you are renting feel more like home but not sure how or what you are allowed to do? It’s common to feel this way when you’re renting.  Fortunately, there are strategies you can use to create a sense of home in your rental home. At Orbit Property, we want our […]

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QLD RENTAL PROPERTY CORONAVIRUS RELIEF PROPOSAL UPDATES

The Real Estate Institute of Queensland (The REIQ) recently met with the Queensland Government regarding the proposed landlord and tenant protections during the COVID-19 pandemic. This response follows the Everyone Matters in Real Estate campaign.  Rental property coronavirus relief is an issue evolving daily.  So, Orbit Property will keep you fully informed. Initially, when the proposal […]

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TIPS TO A SUCCESSFUL VACATE INSPECTION

The end of a tenancy is a common time for conflicts to possibly arise between the tenants and yourself regarding rental bond. More than half. More than half the disputes received by the RTA in the last financial year were about bond disputes. By taking the time to get the entry inspection right and taking […]

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