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NEWSLETTER
It is time to share some positive news surrounding the property market and what is working for us.
Properties for lease are still highly sought after and are wanted by many. The time to lease a property may take a little longer than usual, we’ve found around 5-6 days on average (up from the average of 12), however, throughout today's climate, we have the option of selecting quality tenants, with solid references and ones who ultimately want the property that is offered.
There has been a significant shift when it comes to the furnished and unfurnished market.
Short-stay hosts are seeking long-term tenants, as such, there has been a 152% increase in furnished properties on realestate.com.au and this is continually growing.
With uncertainty in the air, we are suggesting to our landlords to offer their furnished property at a lower price point with a short term lease (being 3-6 months) to attract tenants into your property, minimising the financial burden of holding a vacant property. The short term lease allows for negotiation once the term matures to either increase the price, allow for a longer term lease or make an alternative arrangement.
If you or if you know of someone that would like to rent their property (whether furnished or unfurnished) welcome a call on 0421 091 091 to discuss your options.
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