Adelaide, capital of South Australia, has been performing like a rocket in the property market over the last 12 months, as property prices have shot up by 4.6% and 3.9% for houses and units respectively. This is great news for those seeking property management, as the continued growth suggests new property managers with a wider range of skills will be entering the market.
The park girded North Adelaide has it all, with North Adelaide Golf Course, Adelaide Zoo, the Adelaide Aquatic Centre, Adelaide Oval and the CBD just to the south, it’s no wonder the suburb is performing so well, as median unit prices have reached $395 thousand over the previous year.
What you need to know about property management in Adelaide
Property managers need to be able to take care of several key aspects of a property, as they serve to be the bridge between landlord and tenant. When finding a tenant, it’s important for property managers to be responsive to applicants if the property is in a densely populated area, like inner south suburb Goodwood, as many applicants will apply for several properties and take the first one they are offered. Other responsibilities include managing rent, maintaining the property and knowing their legal obligations.
What to consider when finding the right property manager for your property
- In rural and regional areas, like wine-rich Barossa to the north, an agent who is able to employ a marketing strategy to take advantage of the region’s prestige may be useful.
- Property management is helpful for an assortment of properties, from family homes to apartment complexes, so choosing an agent with experience in your specific property type can help.
- You may be working with your agent for many years to come, as it’s not just a buy-and-bye transaction (like selling a home), so it’s extra important to compare agents to know for sure who’s best for you.
Want to find a property manager in Adelaide?
If you want to compare local property managers to find out which is best for you, look no further than AgentsCompare. It’s a completely impartial, 100% free, online service that lets you request no obligation quotes from property managers in your area. So register your details online to find out how brightly your property can shine.
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