Property Management in South Australia
The South Australian property market has been performing very well over the last 12 months, with property growth around 4.5% and median prices of $389 thousand and $300 thousand for houses and units respectively across the state. In the capital of culture, Adelaide, property prices have been following state trends, suggesting that property management will increase in quality and quantity accordingly. Famous opal mining town, Coober Pedy has been holding on to its investments, with only 9 houses being sold over the 12 month period.
What you need to know about property management in South Australia
Property management covers a vast array of dwellings, from sprawled vineyards in Barossa, to apartment complexes in Adelaide’s CBD, which makes choosing the role of property management very important. It’s important to note that property management is a big part of owning a property, and property managers are potentially going to be a long term business partner; it’s not just a single sale, so considering your agent carefully should be a high priority.
What to consider when finding the right property manager for your property
- Make sure property managers are able to take responsibility for tenants, rent and building maintenance.
- The quiet regional town, The Sill, would have properties benefit from an agent who is able to advertise the property to possible tenants outside of the town’s region.
- With such a difference in manageable properties, it becomes very helpful to compare property managers to see who has the necessary experience with your particular circumstance.
Want to find a property manager in South Australia?
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