Archive for February, 2012

Surprise Hold on Rates: Reserve Bank

Market expectations were subverted this week with the Reserve Bank of Australia (RBA) announcement that cash rates would remain at 4.25 per cent. After popular predictions that interest rates would be slashed after last year’s cuts, this latest move from the RBA comes amid signs of … more »

MICM Wins Major Energy Award

A 270-apartment MICM Property building in Port Melbourne was recently given a prestigious energy award by CarbonetiX, one of the state’s leading carbon management and energy efficiency consultancies.
The building was running up electricity bills of up to $12,000 a month, which through a concerted effort between MICM Property … more »

Tenant Expectations on the Rise

Gone are the days when renters would be satisfied with a quick ‘once-over’ of your property followed by a long approval process. Times are changing fast, and with the desire to attract excellent tenants comes the need to provide a professional service … more »

Top Tips on Renovating your Investment

Remember the first rental house you lived in? The one with mouldy bathrooms, giant taps installed over tiny sinks and threadbare carpet? It’s probable that your landlord didn’t think much about you and vice versa. Were they a savvy investor, however, they might have considered taking … more »