Attracting Tenants is crucial if you want to get a return on your rental property investment.
These days, tenants expect certain things in properties and by ticking all the boxes you will be able to attract desirable tenants.
By spending a little bit of money and taking the time to get your place ready for renting can make all the difference.
So… what makes a Property attractive to Tenants and Guests ?
Quite simply – pretty much the same things that will attract potential Buyers!
Renters will typically look for:
- Properties that present well and are clean, well maintained and safe.
- Properties that are not going to require a substantial cost to maintain on top of rent
- Close to amenities (Schools, Shops, Medical) and transport and the beach
- Pet Friendly or Child Friendly depending on their circumstance
- Good storage/Built-ins
- Number and size of Bedrooms
- Entertainment/Living spaces
- Good heating and or cooling features; eg fans, reverse cycle air con
- Convenience amenities, eg dishwashers, motorised garage doors, dryers
When putting the house on the market, make sure the property presents well – the better advertised – the better your chances of attracting a Tenant. We always recommend professional photos as this helps tenants better visual the space to encourage an inspection.
We like to ensure your property is always maintained while it is vacant. Curb appeal is very important. If the Property looks dishevelled from the road, many Tenants will disregard and not bother with an inspection. i.e we make sure the rubbish bins are brought in and put away and excess mail is collected.
We will also make recommendations for any minor repairs that we notice–missing or broken light fixtures, scuffed or chipped walls and doors, torn fly-screens, etc.
Neutral interiors are always more attractive and, just as when you sell a Property –bathrooms and kitchens can be the deciding factor.
If you have some spare cash – make sure there is a dishwasher and good quality stove-top and oven. Nowadays there is a growing trend for double door refrigerators so if you have a large family home how big is the alcove, or is there an alternate area for a large fridge? Think of the target demographic of people who you want to rent your Property.