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What’s happening in the rental market Schwarz? Leased Properties – 13 Highest Rental Price – $2,000 p/w Avg. Days on Market – 7 If you are thinking about listing your property for lease on the market, now may be just the right time. There has been lots of tenant acitivity, just last week Schwarz leased 4 properties in one day, and the highest rental price was $2,000 per week for a home. There is a real shortage in houses and large apartments on the market, which has led to an increase in rental prices for these types of properties. This time last year the market started slowing down due to signs of a pandemic. February-April, rental returns depreciated, landlords were panicking, and other agencies were quick to slash the prices, putting their landlords in a financial loss. Now in 2021, with strong signs in the Northern Beaches rental market, it
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Last time we talked about how you know that you’re getting the best value for money in a property. When it comes to how your bank values a property, it can be similar.
The best place to start from is research. Look closely at comparable properties in and around the area/s that you’ve pinpointed for your property hunt.
We love our suburb of Freshwater and enjoy our close ties to the community. At Schwarz, we pride ourselves as Northern Beaches locals. We also have over 20 years of experience selling and managing real estate in the area.
What are the questions you’d like expert answers to when it comes to buying and selling property on the Northern Beaches?
As a landlord, it’s important that you know how to keep your rental property compliant with all relevant legislation.
Here’s the rundown on the May 2019 rental market, from the Schwarz Property Management team.
Part 4 in the Schwarz Landlord Advice Series.
Part 3 of the Schwarz Landlord Advice Series
Thank you to everyone who voted for us in the Northern Beaches Local Business Awards. We’re excited to be a Finalist in the Real Estate Agency category!
