Leasing Market Movements: October 2010

Marketing is a crucially important step involved in having your property leased. The web accounts for a large number of our leased properties and, at Caporn Young, we will ensure that your property is uploaded to six websites.

That is why we believe it is crucial to have your property professionally photographed to portray it in its best light. As most tenants are short listing their properties without even viewing them, it is of vital importance that you don´t rule your property out through a lack of photographs or information.

Signboards are another way to make your property stand out from the crowd. We know that a large number of our tenants are initially prompted to call from signboards that are located around town. They are already sold on the location and exterior of the property so why wouldn´t you want to include these people in your potential market?

Your agent should be discussing all of these factors with you before taking your property to market. This gives you the best chance of achieving a premium price in a competitive rental market.

Having said that, good agents are still leasing a large number of properties despite these competitive conditions. At Caporn Young, we leased 38 properties in the month of July, and have continued to lease strongly through August and September, with our vacancy rate currently sitting at around 0.2%.

We are achieving consistent results, which buck the state trends, through our thorough understanding of the current market conditions.

We currently have a strong list of tenants seeking property throughout the Western Suburbs so call me on 9385 5559 if you have have a property to let.

James Heath

Business Development Manager  - Leasing

Caporn Young Estate Agents