Over the last year, Perth’s property market, like Western Australia as a whole, has stayed fairly firm, with unit prices remaining even, while houses have taken a slight fall at 2.8%. The high value metro suburb of Nedlands, which dips into the iconic Swan River, has found strength, with a highest price paid of $8 million over the last 12 months.
In the northern coastal suburb of Ocean Reef, looking out over the Indian Ocean, has found a median house price of $775 thousand over the past 12 month period. In these kinds of affluent suburbs, it’s important for property management to provide the right service.
What you need to know about property management in Perth
Property management serves as a bridge between landlord and tenant, and in this position there are many tasks that good property managers should be able to handle. Everything from taking responsibility for rent and tenants, to organising repairs and knowing their legal obligations. Property managers in more rural and regional areas will also need to know how to manage and market properties differently compared to their urban counterparts.
What to consider when finding the right property manager for your property
- Denser suburbs, like urban Subiaco, home of the WACA, will have a greater number of agents offering a different range of skills, making it even more important to compare property managers.
- The role of property management is not like a one-off sale; you should consider that you may be working with this person for a long time, so choose wisely.
- In more rural and regional areas, property managers can be useful if they know the area well, as it can be hard to find certain things when they are more scarce.
Want to find a property manager in Perth?
Comparing quotes from property managers in your area is a great way to find the one that fits your criteria best. Use AgentsCompare, an impartial, 100% free online service with no obligations, where you can request quotes from local property managers and see what services are on offer. Register your property online today and discover how easy it can be to get ahead in the market.
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