February delivered a strong month across our Property Management division with consistent leasing activity and demand from quality tenants.
We secured 10 new managements and successfully leased 14 properties, with an average of just 8 days on market compared to the market average of 21 days.
Our managed properties achieved a median weekly rent of $760, highlighting the strength of rental returns across Sydney.
With vacancy rates still sitting at historically low levels, well presented and correctly priced homes are leasing quickly, often after the first open inspection.
For landlords this means stable occupancy and reliable rental income. Reviewing your pricing, presentation and strategy can make a significant difference in the current market.
If you are considering leasing your property or reviewing your current rental position, now is a great time to maximise your investment.
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