Nuvaq’s passion in real estate means we deal with everything property related. Often, we can tell very accurately how much a property is able to be rented out just by knowing the address of the property and some simple descriptions. Here is a list of what Nuvaq team looks out for and asks when a Gold Coast property owner/investor asks how much their property is worth for rent:
Address – the address where the property is located pretty much determines how soon a property can be rented out, which means lower vacancy due to a higher demand in the area;
Description of the property – number of bedrooms and bathrooms directly impact on the rent achievable in an investment property;
Age – age of the property will influence the type of tenants that are interested in the property. Newer property attracts a younger based demographics, as do apartments in the city;
Condition – the better maintained a property is, the higher the demand for rent. Incidentally, a tenant is choosing a home and a well maintained property, for example one that has recently been repainted will mean more interest as it is easier for tenants to imagine living in a freshly painted home as;
Let us help with a free rental appraisal
Get in touch with Nuvaq, and we’ll use our wealth of experience in the real estate industry to provide you with a free rental appraisal for your property.