This month – April 2017

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This month – April 2017

After experiencing the wettest March on record it was such a pleasure to enjoy such glorious weather over Easter, the School Holidays and on ANZAC Day.

We hope you managed to spend some quality time with those you love and enjoyed the great outdoors over these periods.

Tenant enquiries were down significantly compared to last month, however this is not unexpected at this time of year due to the Easter holiday. Despite this however, our number of leased properties only fell by two compared to last month, meaning we experienced a sound inspection to leased ratio. The average rent this month is also up, currently standing $449 per week, however this was mainly due to the number of properties leased at the higher end of the market.

No influx of repair requests despite the deluge

Despite the torrential rain and storms we experienced here on the Central Coast last month, we are happy to report that we did not experience an influx of sudden repair requests from tenants. That means you must all be doing a fabulous job in terms of maintaining your properties to ensure they are adequately prepared for weather events, including heavy rain, storms, high winds and flash flooding. Congratulations!

We are sure you can see how staying on top of your property maintenance by doing things like keeping the roof and gutters free from leaves and debris and keeping an eye on large trees on the property (having an arborist attend to large overhanging branches if necessary) saves you money in the long run. Prevention is always better than the cure.

Rental market activity for the last 30 days

  • Tenant enquiries:  393
  •  Tenant inspections:  37
  •  Properties Leased:  13
  •  Average rent:  $449