Investment property ownership factsheet

Publication last updated 7 April 2021

Buying a property to rent out is a popular form of long-term investment in Australia. Before deciding to take on a rental property you should consider its value, how much it can earn, the cost of managing and maintaining the property and make a commercial decision based on current and predicted market conditions. Many would be property owners routinely overestimate the potential income and underestimate the costs of managing and maintaining a rental property.

What's in the rules

Explaining the Schedule 1 requirements of the Associations Incorporation Act 2015.

Every incorporated association has a set of rules (often called the constitution) which outlines how the association is operated and managed by its members.  The Associations Incorporation Act 2015 (the Act) includes 19 matters (known as the Schedule 1 requirements) that need to be addressed in the rules of the association.

Creating a AssociationsOnline user accounts

IMPORTANT: If you were enrolled prior to 1 July 2016 your old log in details will not work.

To be able to manage the information about your association and lodge applications each person needs to enrol for their own AssociationsOnline user account. A link to your association must then be made for you to begin submitting online applications.

Follow the steps below to create your AssociationsOnline user account. For assistance with linking an association, please refer to the AssociationsOnline help pages.

Tougher action planned for late lodgement of bonds: Real estate bulletin issue 128 (November 2016)

29 November

As of 1 December 2016 Consumer Protection will take a harder line when agencies do not lodge residential tenancy bonds within the required time.

Section 29 of Residential Tenancies Act 1987  states the lodgement of security bonds with the Bond Administrator must occur as soon as practicable or within 14 days of being received from the tenants. A delay in lodging bond money puts the funds at risk.

$25,000 penalty for real estate agency's 'incompetent' conduct: Real estate bulletin issue 126 (November 2016)

4 November

AIM Realty / Aman Deep Singh

A Gosnells real estate agency described by the State Administrative Tribunal (SAT) as ‘incompetent’ has been ordered to pay a $25,000 penalty for mishandling the deposit from the sale of a property.

AIM Investments Australia Pty Ltd, trading as AIM Realty, was fined $8,000 and licensee and agent Aman Deep Singh was also fined $8,000 for breaching the Real Estate and Business Agents Act. Both were reprimanded and ordered to pay a total of $9,000 in legal costs of the Acting Commissioner for Consumer Protection.

Credit card chargeback

A chargeback is the reversal of a disputed transaction back to the credit or debit card account.

Chargebacks are available:

  • for purchases on credit cards
  • if the buyer uses the ‘credit’ option on a debit or travel card
  • if they select the ‘cheque’ or ‘savings’ option when paying by debit card. or
  • for multi-network credit cards where ‘cheque’ or ‘savings’ is available and has been selected at the point of sale.  

It is not available when they pay by cash, BPAY, direct debit, money transfer or cheque.