Holmes ST Clair

Touching up simple wear and tear issues adds value for both the landlord and tenant in the long run, and shows prospective tenants that you care for your investment. As we head toward what is typically a quieter leasing period of the calendar year (Winter), we encourage all investors and landlords to stay attentive to their properties and keep on top of any potential issues. These issues can crop up with more time being spent at the property by tenants (working from home etc . ), and mould issues arising in the cooler months where properties are closed up to keep the warmth in. In light of the recent spike in property values, many investors are also now considering a sale of their investment. Simply put, the returns on rental properties have picked up but they are not as encouraging as the sales results being achieved around the area. If you are considering selling your investment property, now is a great time for our sales team to provide you with an appraisal and a unique marketing strategy. If you are looking for a property management team who will give your property their complete focus and maximize your investment, please get in touch with our agency today. For our valued clients we manage investment properties for, Autumn 2021 is in stark contrast to the same period last year. Fortunately, property investors are in a much better position moving forward, than they were 12 months ago. After the heavy restrictions placed on property during the COVID lockdown, we have started to see demand pick up from tenants which is giving investors some well-deserved rental income relief. Currently, our company's portfolio vacancy rate is sitting at 1.6%, which is a much better position than the state's average of 4%, as recorded recently by the REINSW. One thing we are definitely noticing in the rental market is that tenants are being swayed toward the look and style of newly renovated or updated properties. Therefore, we encourage landlords who have any upcoming vacancy to consider using this opportunity to fix any maintenance issues and consider updating their apartments if they are holding their investment for the long term. These property improvements can be organised swiftly through our agency whilst vacant. Property management update A note to our valued property investors 6B/2 Gas Works Rd, Wollstonecraft $ 1,050 per week L M N 2 2 1 FOR LEASE 2/19 Belmont Ave, Wollstonecraft $625 per week L M N 2 1 1 FOR LEASE 10 Market Update 2021