June Property Management Update

June Property Management Update

June Property Management Update

The past 3 months during Covid-19 have been a roller coaster ride in managing rental enquiry and leasing. We are pleased to report that the vacancy rate is going down and the number of properties leased is going up.

It has been a challenge conducting viewings due to the various levels of Covid restrictions as well as the reluctance of vacating tenants in allowing access to show tenanted properties becoming vacant. Throughout these challenging times we have still managed to receive stable levels of rental enquiry. Some of the enquiry granted have been bargain hunters, offering ridiculous offers on rentals, but there have been those renters serious about finding a new home in a safe area.

Our Leasing and Property Management Team have been working very hard at viewings and proactively offering alternative solutions where a property viewed was not suitable. We strongly believe this is one of the reasons why we lease twice as many properties as our competitors collectively due to the combination of our efficient and flexible application process, as well as working closely with our prospective tenants to ensure we have a sound understanding of their needs.

In the past 2 weeks we have leased 12 properties and our vacancy rate is under 0.7%. In fact we are desperate for more properties to lease if you have another property becoming available or know of someone who may be considering renting their home.

We are happy to report our Sales department has also seen positive activity despite being faced with the difficulty of viewings and home opens during covid restrictions. If you've been concerned that now might not be the ideal time to buy or sell we have people registered and waiting for properties to be listed for sale. We currently have 7 properties under offer and 6 sold pending settlement.

If you'd like to get in touch with one of our team please click here.

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