Property management

Despite slowing growth national gross rent yields remained steady for the 27th consecutive month at 3.7%. Compared to this time last year, yields across Brisbane(3.7%), Adelaide(3.7%), and Perth(4.3%) were up, while yields in Sydney (3.1%), Melbourne(3.7%), Hobart (4.4%) Darwin (6.7%) and Canberra (4.1%) were down.

Despite rentals starting to slow, we are still seeing good quality properties being well attended and leasing quickly.

A Featured Rental Listing of the month

43 Connell St, Hawthorn VIC 3122

This Victorian fronted is filled with elegance and quality that extends throughout. Filled with natural light, this 4-bedroom 2-bathroom 1 car space home is ideally located near St James Park, West Hawthorn Village, Hawthorn station, schools and shops. Available to rent from 1^st May 2025.

PROPERTY MANAGEMENT TIPS OF THE MONTH

Residential Rental Provider’s –

As Melbourne heads into autumn, it's a great time to prepare your rental for cooler weather and stay on top of maintenance.
Check for Drafts & Insulation – Seal any gaps around windows and doors to keep your home warm and energy bills low.

Heater Maintenance – If your property has gas heating, you must ensure it’s serviced at least every two years. If it's due, request a check-up now!

Rain-Readiness – Melbourne’s autumn means more rain! Check for leaks, clear any balcony drains, get your gutters cleaned regularly.

Renters –

Melbourne’s humid autumn and winter months can lead to mould growth in rental homes. Here’s how to prevent, remove, and report mould issues as a renter.

Prevention Tips

Ventilate Your Home – Open windows daily (even in winter) to improve airflow. Use exhaust fans in the bathroom & kitchen.

Reduce Moisture – Use a dehumidifier or moisture absorbers (like DampRid) in damp areas.

Dry Clothes Properly – Avoid drying clothes indoors without ventilation—use a clothesline or dryer with an exhaust.
Check for Leaks – Report any roof leaks, plumbing issues, or rising damp to your rental provider immediately.

Wipe Condensation – Regularly dry windows, walls, and surfaces prone to condensation.

Buyers Advocate property management prides ourselves on honest open communication and the strong relationships we build with our rental providers and renters alike.

If you are unhappy with the level of service you are receiving from your current Property Manager, have a chat with Rachel or Liz. It may be time for a change. Please contact us (03) 9818 4499.