Navigating the Rental Market

As we move into March 2025, we are still seeing many landlords weighing up their options if they should be considering selling their rental property or trying to hold on to their investment property.  Over the past 18 months, we have seen interest rate rises, and an increase in costs to maintain our rental properties.  The upside for our region is that there is still so much demand for rental properties, which in turn has kept our rental prices strong within our region.  With almost 25,000 rental properties having been sold within Victoria over the past 12-18 months, rental stock is down so we are finding our vacancies rates are at an all-time low, as there are not enough rental properties to cover the demand. 

As a property management specialist, I can assure you we are working closely with our property managers to look at ways we can be saving our owners money while ensuring their rental properties are compliant. We are cautious of increased costs in today’s market so we are forever looking at ways that we can bring you more value and knowledge as your property management agency.   

If you are looking at possibly re-financing, or interested in knowing what your investment property is worth in today’s market, please feel free to contact your property manager or myself directly.  I would be more than happy to share my knowledge and expertise with you.