Author
Sarah Megginson is a journalist, copywriter and editor with more than 15 years experience. She specialises in writing about property and finance, and is currently the Head of Editorial at Finder. She was the former editor of Your Investment Property Magazine.
A standard landlord insurance policy can cover loss of rental income and damage to or theft of the contents of the home, although precisely what is covered can vary. Typical claims include losses due to rent arrears, water damage and malicious/accidental damage by a tenant.
When property investors Tanya and Craig took on the challenge of transforming a dark, cramped and floorless 1920s kitchen into a bright, airy and functional space, they jumped in head first – and bumped up their rental income by more than 50%.
The Reserve Bank of Australia hasn’t increased interest rates in several years – and according to Shane Oliver, chief economist with AMP Capital, that isn’t likely to change any time soon.