PROPERTY MANAGEMENT IN AUSTRALIA

The Property Management sector, much like the wider Real Estate industry in Australia, is very heavily regulated to protect both tenants and owners.

There is no requirement to visit your investment property in person. A Property Manager will look after the following on your behalf:

• There is no requirement to visit your investment property in person. A Property Manager will look after the following on your behalf:
• Open inspections - Conducting open days for your property for inspection by prospective tenants
• Selecting tenants and conducting background checks
• Condition reports – written reports with photographs are supplied prior to the tenant moving in, and then at regular intervals throughout the tenancy to report on any damage or maintenance issues, and again at the end of a tenancy
• Maintenance & repairs – your Property Manager can organise tradespeople to repair emergency and non-urgent repairs to your property when required
• Collection of rent
• Payment of outgoing expenses and bills
• Insurance – assist with organising landlord, building or contents insurance if required
• Organise any mandatory safety obligations on behalf of the owner (i.e. Annual smoke detector checks)
• Accounts – provide monthly rent statements and annual account summary

Off-the-plan handovers

A particularly useful service for overseas investors, Property Managers can assist with the handover of an off-the-plan property purchase where the owner is overseas and is not available to collect the keys once the property has settled.

Selecting a Property Manager

There are several options to search for the best Property Manager for your investment.

You can check online reviews and websites to learn more about the company and staff. Often a Property Management company is chosen by location - within close proximity to your property. Both large and small companies can be considered - large companies can offer many services and resources, however small companies can sometimes offer a more personal service.

Referrals from friends or family can be useful.

We can also assist with recommending a Property Management service if required.