Choosing to have your property professionally managed is a wise decision. Whether it’s your first property, the family home or a part of a growing investment portfolio, we know how important it is for you to know your asset is being looked after to the highest standard.

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Insurance

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Landlord Insurance

We believe that every landlord's goal is to have a secure investment and reliable tenants.  Sometimes however, things don’t always go to plan.  Even the very best tenants can go through a change in circumstances and hardship, and some events can not be controlled.  What can be controlled is ensuring that you have landlord insurance with adequate cover.

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Building Insurance

You must provide us with a copy of your current building insurance policy to keep on file.

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Tax Depreciation

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Tax depreciation for investment properties can be a huge benefit to you as a landlord.

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We can arrange a depreciation summary, free of charge, which will provide you with an estimate for your property which outlines what is possible for you to claim.

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Compliance

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As you are renting your home, it is imperative that your property is compliant in accordance with DMIRS. As your managing agents, it is our responsibility to ensure that we are working in your best interest and guiding you in the correct direction when it comes to compliance.

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Smoke Alarms and RCD’s

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​Smoke Alarm & RCD Fact Sheet

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Western Australia’s Building Regulations 2012 (the regulations) require the owner of a dwelling to have compliant smoke alarms installed where the dwelling is rented under a residential tenancy agreement or made available for rental.

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Smoke alarms should be mains powered however approved battery-operated devices are permitted in limited circumstances.  We do require a copy of a current smoke alarm and RCD compliance certificate prior to the home being rented out.

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Should you not have one of these, we do have qualified trades that we can engage to undertake these works.  It is a recommendation of McKay Wood Property Group that your smoke alarms and RCD’s are tested annually to ensure they remain compliant, not only for the safety of your tenants but for your insurance and the safety of your valued investment.

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Minimum Security

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Main Entry Doors – All main entry doors must have a deadlock or a lockable security screen that complies with AS 5039-2008.

All other external doors –  The minimum required security is a deadlock; if a deadlock cannot be installed then a patio bolt lock or a key lockable security screen door that complies with AS 5039-2008 must be installed

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Windows – All windows must be fitted with a lock, whether or not there is a key lock, that prevents the window from being opened from the outside of the property.  This does not mean having to install keyed window locks, but that window latches, closers or locks are fitted and are in working order to reduce the risk of a window being forced open from the outside.  If the window is fitted with a security screen compliant with Australian standards (AS 5039-2008), there is no requirement to retrofit a window lock.

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External Lighting – An electrical light at, or near, the main entry that is capable of illuminating the main entry to the premises and is operable from the inside.

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