Sep 29, 2023 | , ,

Celsius Property Management Team September Update

At Celsius our Property Management team has never been busier with the attendance at home opens at record levels and in turn, the amount of applications being received from those home opens at unprecedented levels, with some properties having up to 60% of attendees applying.

With the Celsius focus on teamwork, we are adept at managing the high volume of applications efficiently and diligently and are well equipped to navigate the current rental market.

We understand the unique challenges posed by the competitive market from, international students returning to campus, and more tenants being created by building delays as home owners are waiting for their homes to be finished, just to name a couple.  Whilst many investors did leave the market due to interest rate rises, we are now seeing interest from eastern states investors due to the high rental yields on offer compared to other states.

With our average vacancy rate below the already low Perth average of 0.8%, we are leveraging our expertise to minimise vacancies by having new tenants approved by owners prior to the outgoing tenants vacating so the turnaround time for all involved parties is minimal.

At Celsius as you are aware the Property Management division is proactive in always trying to find ways to provide positive outcomes to both Landlords and Tenants, ensuring flow-on effects for all parties.  If we can assist you or any of your family and friends in this challenging market please don’t hesitate to call or pass on our number 08 6144 0700.

 

Regards,

The Celsius Property Management Team