aboutforinvestors-isbuyinganinvestmentproperty withapoolagoodorbadidea? CathieCrampton,HeadofLJHooker’sProperty ManagementAustralia&NewZealandbelievesitisa decisionthatcandependonitsconditionand maintenancerequirements Locationisalsokeywith poolsinhigherdemandinwarmerclimates Usually,thetenantisresponsiblefortheday-to-day upkeepincludingcheckingwaterqualityandcleaning outleaves Butsomelandlordsopttopayforamonthly poolservice,whiletheirtenantpaysforanychemicals “Thiscanavoidanydramasdownthetrackandensureit stayscleanratherthanturningintoagreenswamp,”Ms Cramptonsaid
“Whateverthearrangement,itisimportanttotalkto yourpropertymanagerandhaveitclearlyoutlinedinthe residentialrentaltenancyagreement” Landlordsareobligatedtoensureapoolmeetssafety standardsandhasavalidcertificateofcompliance Requirementsareoutlinedbystateregulationsorlocal councilandincludeproperfencingtoaspecifiedheight, anon-climbablezone,aself-closinggatelatchanda signdetailinghowtoperformCPR Investorsalsoneedtobudgetforitemslikelytosuffer wearandtearsuchasapoolpumpandchlorinator. Theadvantageofbuyinganinvestmentpropertywitha swimmingpoolisthatitcanaddvaluewhenitcomes timetosell,particularlyiflocatedinafamily-friendlyor lifestyle-focusedsuburb. Portablepoolsmayseemlikeaharmlesswayfortenants tocooloff,butwithoutproperfencingtheycanposea serioussafetyrisk Inaddition,theycandamagegrassed areas,causestructuralissuestodecking,andevencause floodingduetowaterleakage
Property managers are trained to keep an eye out for one when carrying out inspections and regularly remind tenants they are not permitted “People don’t realise that safety compliance typically applies to any pool with a depth of 30cm, so this even means wading pools, ” Ms Crampton said. “They may appear to be a quick and easy way of beating the heat, but they come with potentially tragic consequences ”
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