Lifestyle renting on the rise
The old adage still rings true, when it comes to property it’s all about location, location, location. Many Australians are willing to pay substantially more to live in their preferred location – which is usually a city or built-up hub that offers lots of amenities and good transport links.
The right number of bedrooms for a rental property’s target market is incredibly important. Houses in family-oriented areas should have three or more bedrooms, whereas funky apartments in the inner city are more appealing if they have one or two bedrooms. A study or spare room is often on a renter’s wish-list too.
Living in a technology-driven world, people expect easy and reliable access to the internet in their homes and for many lifestyle renters the provision of NBN/high speed internet connections is not negotiable.
Homes that offer inclusions such as lawn mowing, gardening, pool maintenance etc. are often sought-after. While tenants may appreciate a beautifully landscaped garden or the convenience of a swimming pool, many are not willing to devote their leisure time to maintaining these features, so including these services in the rental package is often a good idea.