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Apr 3, 2024

How to choose the right Perth property manager

If you own an investment property in Perth, you’re in a prime position to maximise your rental yields and capital growth in this market. To ensure you’re capitalising on this opportunity, it’s crucial to enlist the services of an experienced property management team. Here’s a guide to selecting the ideal team for your investment success: What makes a good property manager? Before committing to a contract, make sure your new property manager ticks the following boxes:  They have industry knowledge: A property manager should eat, breathe and sleep Perth real estate and have a wealth of experience. This depth of understanding is crucial as it ensures that they have a clear understanding of the legal requirements of leasing a property and be across updates and changes to regulations. Understanding the law can make a big difference between a positive and a costly experience as a landlord, which is why it’s essential to work with an experienced property manager. They know the area: A quality property manager’s knowledge also needs to be local. When they’re familiar with the postcode your property is in, they can provide a more accurate price estimate and they know what to highlight to potential tenants. Mount Lawley, for example, is a great spot because it is close to the city, ECU and home to the popular Beaufort Street shopping/restaurant strip.  They can identify a quality applicant: You should be able to rely on your property manager to vet applicants for your rental property and lock in reliable tenants. This means reviewing all aspects of an application and doing due diligence by speaking with employers, checking references and following up social media profiles. They are always responsive: The best property managers don’t leave you waiting days for a response, especially if there is an urgent situation. Their commitment to timely communication extends to your tenants, fostering a relationship built on respect and reliability. This translates into longer tenancy durations as tenants feel valued and cared for.  They will be a master of documentation: A lot of paperwork is involved in rental housing, especially at the beginning and end of a tenancy. A quality property manager will ensure everything is signed and held securely. They will also contact you ahead of time as your rental contract comes to a close so you can make decisions about your investment property. When you work with an expert, you’ll also be kept up to date with strata fees, water and council rates and other costs, and be provided with detailed statements to share with your tax accountant at the end of the year They care about your outcomes: Many property agencies overload their property managers, which results in a lack of service as they find themselves stretched thin to meet the basics of their job. Working with a boutique agency like D Residential Group we ensure there is time to manage your property successfully offering a customised approach to suit your investment. How to find the right property manager in Perth. In early 2024, rental vacancy rates in Perth sat at around 0.7 per cent. This means property investors have a good opportunity to find tenants willing to pay a premium, especially in popular suburbs in and around Mount Lawley, Mount Hawthorn, West Perth and North Perth.  To share some snapshots:  Mount Lawley’s rental vacancy rates are around 0.95%, and 29.86% of its occupants live in rental accommodation.  Mount Hawthorn’s rental vacancy rates are around 0.44%, and 23% of its occupants live in rental accommodation.  West Perth’s rental vacancy rates are around 2.24%, and 46% of its occupants live in rental accommodation.  Mount Hawthorn’s rental vacancy rates are around 0.91%, and 26.3% of its occupants live in rental accommodation.  If you’re looking for a property manager in one of these areas, ask your shortlisted candidates about the local market statistics. Check how many properties they look after in the area and talk to them about the kind of tenant they will let the property to. Have a discussion about the amount of rent they believe your investment can achieve and how you could potentially increase this now or in the future.  Check your Perth property manager’s reviews on Google and look out for what tenants say as well as investment property owners. This will give a clearer picture of the overall experience they deliver.  Do you need a property manager for your investment property? Contact D Residential today.

Mar 5, 2024

Beat the competition when investing in Perth

It’s no secret that Perth has become the go-to Australian city for property investors. Locally based buyers now have the added headache of competing against people from all over the country and even around the world in what is already a tight market.  If you want to beat the competition and buy property either as a home or as an investment, you need professional support on your side.  Perth’s property price trajectory Since the pandemic, Perth has built its reputation for affordability and growth. It experienced several sluggish years but is now catching up to the rest of the country.  Throughout 2023, the city’s property prices rose a whopping 15.2 per cent, comfortably above the next highest performer Brisbane at 13.1 per cent. However, despite the growth, median house prices in Perth sit at $660,754. Compared to Melbourne, where the median is $780,457 or Sydney, where it’s a whopping $1,128,322, Perth remains reasonably affordable.  Being cheaper than other capitals has made Perth an obvious target for investors who are now competing with interstate and overseas buyers. The added challenge is a lack of stock; while developers and construction teams are building new properties, there is a shortage of quality homes and investment units in the most popular parts of the city.  Your secret weapon for a faster Perth property purchase Because of the lack of stock and increase in competition, buyers are finding they need extra help, in the form of a buyer’s agent. This expert is a real estate professional who gives buyers the edge over the competition by acting on their behalf. When you work with a real estate agent, their primary client is the seller. They will give you some advice but their main interest is to achieve the best price possible for the owner of the property.  On the other hand, a buyer's agent works only for you. Their job is to help you nail your ‘brief’, find a home and make it your own, sooner rather than later.  According to Perth buyer’s agent Ray Chua, when you want to buy property in Perth, a buyer’s agent will help you to “save time in the research phase and get your weekends back. This expert will save you money by using strong negotiation techniques, while helping you to avoid the amateur mistakes that someone who doesn’t transact much in property may make. Most importantly, your buyer’s agent will help earn greater returns by selecting a better quality asset than you may otherwise have done by yourself.”  How to stay a step ahead of the competition Buyer’s agents know the Perth market inside and out. They have the right knowledge and the right industry connections.  One of the major benefits of working with a buyer’s agent is they have access to off-market listings. This means they can get you in to see properties that have yet to be widely advertised.  As Ray explains, “There’s nothing wrong with looking at online listings since they are generally genuine sellers, but there’s a large pool of discretionary sellers, who would sell but have chosen not to, mainly due to not having enough certainty around where they would move to. Buyer’s agents can create mobility by working with a seller who isn’t really being proactive about moving on from their home. We give them more time to find their next home, and create a buying opportunity for our existing clients.” Your buyer’s agent will keep you that step ahead by staying connected with a network of real estate agents. They can find out what’s about to come onto the market before it does,  helping you access the property ahead of the first home open. They can also negotiate on your behalf. “We ask the right questions and use our rapport and relationships with local agents as leverage to get a better deal,” says Ray.  Make a smarter investment Perth may be booming now, but anyone who has followed real estate in the West knows that the market has clear high and low periods. The last thing you want is to buy property and end up with an investment you can’t lease out for the long term. A buyer’s agent has the skills to ensure you buy the right property in the right area so you will always find tenants and keep your rental income flowing. The final advantage of a buyer’s agent (and one that is similar to having a good property manager) is the network of professionals they are connected with. Ray explains that his business has “the benefit of trialing and testing various companies and keeping the best ones for our clients to use. This includes accountants, financial planners, mortgage brokers, property managers, building inspectors, reliable tradesmen and conveyancers. Property investment is like a team sport, and you need to surround yourself with the right team members to win the game.” Need a buyer’s agent to help you finally secure a place in Perth? Contact us today Already made your purchase? D Residential can provide quality property management tailored to you Find out more. 

Jan 8, 2024

2024 Perth Rental Property Predictions

2024 has arrived and many WA-based property investors and owners are wondering if we will see another year of big performance figures.  Take a look at what happened to Perth property prices during 2023 and what the experts are predicting for the year ahead.  Looking back: Perth property in 2023 Property prices were generally strong across Australia in 2023, with CoreLogic reporting a nationwide Home Value Index (HVI) rise of 8.1 per cent. When the statistics are broken down by capital cities, Perth outperformed the others, with a 15.2 per cent increase.  In September 2023, Perth home sales reportedly hit a 30-year low. Meanwhile, the relatively low prices (compared to east coast cities like Sydney and Melbourne) saw investors from interstate and overseas circling. One of the benefits of investing in Perth is that you can choose a premium suburb that’s close to the CBD and get a lot more for your money than in other capital cities, or identify a more cost-effective pocket that is set for excellent growth (we can share some advice if you’re not sure exactly where to invest).  One of the benefits of investing in Perth is your money can afford you something closer to the city or within proximity of desirable suburbs for prices that are affordable  By October, increased demand and lack of supply saw new records; the median house price in Perth crept over the $700,000 mark for the first time. Meanwhile, Perth holds the current title of Australia’s tightest city rental market, with rental vacancy sitting at 0.7 per cent. Perth suburb performance Overall growth and higher-than-ever prices have been witnessed in almost every postcode, especially in more sought-after parts of Perth. Taking a look at the suburbs where D Residential operates, owners and investors saw the following results:  Leederville: Leederville had a great year with positive growth. It is now sitting on a median house price of $1.12 million.  Median rental price: $800 per week.  Mount Hawthorn: While Mount Hawthorn home values settled slightly last year, the median house price is still an above-average $1.2 million. In this suburb, rental growth is up by 13.6 per cent.  Median rental price: $750 per week Mount Lawley: A 9.1 per cent rise in sales growth saw Mount Lawley reach a median house price of $1.3 million in 2023. Median rental price: $800 per week Glendalough: Glendalough’s median sales price settled this year to $610,000. but the suburb saw the rental prices increase. Median rental price: $550 per week.  Joondanna: With its significant number of villas, townhouses and units, Joondana’s median price is sitting at around $790,000, after rising 7.5 per cent in 2023.  Median rental price: $650 per week.  If you have an investment property that is leased to tenants in one of these suburbs and the lease has expired or is about to, get in touch with our team. You may be able to update the rent to more closely reflect the local average.  Perth property: the year ahead If you’re an investor, there’s good news. Perth property prices are expected to continue growing at a steady rate throughout 2024. Even with interest rates set to remain high, experts are predicting a good start to the year and annual growth of around 8 per cent.  The continuing supply issue, combined with enthusiasm from out-of-area investors looking to avoid new taxes being introduced in the eastern states will fuel the fire, making Perth homes hot property throughout the next 12 months.  Perth landlords are expected to be able to offset high interest rates this year thanks to limited availability and rising rental yields. Vacancy rates reached record lows of 0.3 per cent during 2023 and are yet to break the 1 per cent mark, so competition remains high with quality tenants readily available, who have the ability to pay well.  Act fast for the best capital gains If you’re looking to buy an investment property in Perth in 2024, competition will be tight but the anticipated returns definitely make it worth it to take action. Home values are almost certain to grow in value during 2024 but if you want to maximise outcomes for the long term, you need to make sure you have quality tenants and a reliable property manager. Looking for the best property managers in Perth? Contact D Residential today.

Nov 7, 2023

Preparing your property for professional photos

As a landlord, you understand how important it is to present your rental property in it's best possible light. One way to do this is by investing in professional photography. By showcasing high-quality images, you stand a better chance of attracting prospective tenants. But how can you prepare your rental property for professional photography? Here are some tips and tricks: 1. Tidy up and declutter Make the space you are photographing look as clean and tidy as possible. Remove any clutter that might look distracting in photos. Clear countertops, shelves, tables, and floors as much as possible. Following the philosophy of "less is more" can make the space feel bigger and more inviting. 2. Use natural light Optimal lighting is always the preferred approach when capturing photographs. Opening blinds and curtains to let natural light in is an effective way to show space. If natural light is not available, consider bringing additional lighting to properly illuminate areas that may be dim. 3. Dress up the space Style your property as you would for a open home showing. Add items such as fresh flowers, pillows, or additional props to help enhance the décor. Cute dining settings, staged seating areas in the living room and so on. This is to show prospective tenants how they can utilise the space and helps them visualise their future home. 4. Take exterior shots The exterior of your rental property is the first thing prospective tenants will see. Ensure the front is trimmed, weeded, mowed and organised before photographing. Aerial photographs and photographs that focus on your property’s standout features such as a pool, outdoor fire pit or BBQ area, can provide great selling points to your property. A well-designed and thought-out photoshoot of your rental property is an investment. It can attract the right people to your property and increase your rental yield. You only get one chance to make a first impression, so make sure you take the time to showcase the rental property in the best possible way.

Oct 10, 2023

Solving the Rental Crisis: Capping Short-Stay Accommodations

The nationwide rental crisis has raised questions about whether imposing limits on the use of short-stay accommodations could offer a solution. However, statistics suggest this may not be the answer. The Statistics According to the Real Estate Institute of Australia (REIA), in the March 2023 quarter, Western Australia had a total of 10,091 short-stay accommodation. Of these, 47.3 percent were in Perth, with the remaining 52.7 percent located in regional WA. This number represents only 0.4 percent of total dwellings in the Perth area. Further analysis from the REIA reveals that out of these properties, only 8,056 across Perth and regional WA are suitable for long-term rentals. Cath Hart, CEO of REIWA, suggests that to achieve a balanced rental market, we would require an additional 18,000 to 20,000 rental properties. Considering these statistics, it becomes apparent that while limiting the number of days property owners can use their properties for short-term accommodations might bring more properties into the long-term rental market, not all owners are likely to make this transition. For instance, consider the FIFO worker who leases their property between stays or the family who owns a holiday home who leases it when they aren’t using it. These individuals won't necessarily make the switch regardless of the outcome. Moreover, the properties made available for long-term renting may not necessarily align with the preferences and budgets of prospective tenants. Short-term rentals, such as those found on Airbnb, often occupy prime tourist destinations, where rental yields are higher. This may not be feasible for tenants seeking more affordable accommodations. What is the problem? It's essential to recognise that short-term accommodations are just one facet of a complex issue that has led to the rental crisis. Several factors contribute to low vacancy rates and housing shortages, including:  A reduction in government housing Building delays Population growth Decreased investor participation  Increased immigration  Changes in shared housing dynamics Land development delays Bureaucratic planning approval processes Blaming short-term accommodations simplifies a much broader problem. Solutions Potential solutions include the Albanese Government's commitment to a $10 billion Housing Australia Future Fund, aimed at funding social and affordable rental housing. While this is a step in the right direction, in the short term this is only 30,000 homes over the next five years. These homes will likely only scratch the surface while the issue continues to escalate. Incentivising investors back into the market is likely to have the largest impact. However, it's essential to acknowledge that with limited property availability, constructing new dwellings might become the only viable solution. This could exacerbate issues in the already strained construction industry, causing further delays. Unfortunately, there are no quick or straightforward solutions to the rental crisis plaguing our nation. With record-low vacancy rates, the market may deteriorate further before improving. Addressing this crisis necessitates a multifaceted approach that considers the various factors at play and combines short-term measures with long-term planning.

Mar 29, 2023

How to minimise the holding costs of your investment property

While there is the potential for long-term growth in the value of a Perth investment property, there are costs involved with owning this kind of asset. To maximise profits, it’s important to minimise expenses strategically. As property managers, we aim to help our clients reduce expenses as much as possible. Take a look at some information and tips from our team. What are investment property holding costs? Holding costs are all the things that add up to put you out of pocket when you own an investment property in Perth. The costs include outgoing expenses that you need to pay on a regular basis. For example: Council rates Strata fees Management fees (which we will discuss in more detail shortly) Upgrades to the home Repairs and maintenance The cost of the mortgage How to minimise holding costs As interest rates rise and mortgage repayments increase, minimising the expenses related to your investment property is crucial to generating more profit. Here are some strategies to reduce your holding costs: Stay on top of maintenance: Maintenance costs can put a serious dent in your pocket. By ensuring maintenance is dealt with swiftly, you can stop issues, and therefore costs, from escalating out of control. If you’re looking to buy an investment property, it is also smart to be highly aware of the condition it is in, so you know what costs you might incur. Ask for strata or building reports so you can be aware of any hidden issues. Get insured: Unfortunately, there’s always the potential for damage to the investment property due to a range of reasons. Insurance may seem like another bill to pay, but it will save you from paying a large amount if something goes wrong. We always advise our clients to take out insurance as part of the cost of owning a rental property. Monitor rental prices: It’s always best if your rental income covers as many of your out-of-pocket expenses as possible. If your tenants’ contract has expired and you are dealing with rising interest rates, consider increasing the amount you charge so you’re not losing out. With Perth rental vacancies being so low at the moment, you may have the ability to impose a change of costs. Speak to us to find out more. Tax deductions Many of the expenses involved with owning an investment property are tax deductible. Work with your accountant to find out what you can claim as a landlord in Perth as a way to minimise your holding fees. Investment property tax deductions include: Advertising for tenants Bank charges Cleaning Gardening and lawn mowing Insurance Land tax Pest control expenses Property manager fees and commissions (including prior to the property being available to rent) Secretarial and bookkeeping fees Servicing costs, for example, servicing a water heater Stationery and postage related to the management of the property Telephone calls related to the property You can also claim deductions on the interest on your home loan and costs associated with renovating the property. Keep a record of every expense and share them with your accountant. Depreciating assets Another thing to be aware of is depreciation. This means you can claim tax deductions based on the decline in value of the building’s structure, items permanently fixed to the property and even some of the appliances. Work with a specialist provider to request a depreciation certificate (the cost is usually a few hundred dollars). Share this with your accountant and they will use it to claim deductions on depreciable assets within the property on your behalf. Check out the ATO website to learn more about how this works. Use a property manager While some people see self-managing their investment property as a way to minimise the holding costs of an investment property, this approach is usually false economy. Firstly, if you don’t use a property manager, you lose valuable time. Depending on what your time is worth, it’s not often worth it. A property manager also understands the legal requirements of leasing a property to tenants. This has the potential to save you thousands of dollars as you can avoid a costly trip to the tribunal in the event of a dispute. Your property manager can also provide guidance about insurance and ensure the home is maintained in the most cost-effective way possible. He or she will help you find reliable, long-term tenants who will save you from the stress and expense of constantly marketing the place to new people. Looking for the best property managers in Perth? Get in touch today.

Mar 2, 2023

How to be a great landlord (and still make great returns)

Owning an investment property in Perth is a smart strategy to secure your financial future. However, it is a give-and-take arrangement with your tenants. If you’re a ‘great’ landlord, the people who live in the home will stay for longer and treat your property with respect. Meaning you will save money and maintain the value of the home. Here’s what you need to do to be a great landlord in Perth: Price fairly and raise the rent selectively Pricing your investment home or apartment can be tricky, especially when the market is tight for renters. To be a good landlord, the amount you charge needs to be reasonable and in line with similar properties in the area. When it comes to increasing the rent, try not to push things up too drastically in one go. Ensure your tenant has plenty of notice and stay within the rules (for example you can’t raise the rent every couple of months). If you do want to achieve above-average rates (and it can definitely be done), find ways to make the home more appealing, for example consider upgrading the kitchen to be more functional and modern. Be open to reasonable requests Perth is a family-friendly city that is hot in summer and can be cold in winter. If your tenants request an air conditioner, remember the saying about a bird in the hand being worth two in the bush. Your property manager can explain the long-term value of adding an air conditioner and help you figure out if it is worth the investment. Similarly, be open to conversations about having pets on the premises. It can be very difficult to find a place to rent with an animal in tow but if you allow your tenants to have a dog (under certain conditions), they are likely to stick around. Maintain the property Keeping the property in good condition is essential to being a great landlord and the bonus of doing so is that it will help protect your investment. Book tradespeople to visit regularly for maintenance and be responsive when repairs are needed. As a tenant, there is nothing worse than having your requests for things to be fixed going ignored, so have tradespeople who you can call on (or make it easy for everyone by having a fantastic property manager who will do this for you). Regular maintenance and professional repairs will stop small problems from becoming large/expensive ones, while giving your tenants reason to stay for longer. Be clear about responsibilities Communication is key when it comes to avoiding misunderstandings and conflicts with your tenants. Be clear about expectations for maintenance and repairs, and have conversations about who is specifically responsible for what. This can be in regards to mowing the lawns, clearing the gutters etc. If they agree upfront to take on these jobs, they will be less likely to complain if you ask why they are not done. Get conversations and expectations in writing to avoid confusion. Open communication makes the relationship better for everyone. Be accessible (or find someone who can be) Great landlords ensure someone is available to respond to calls almost 24/7. If you don’t like the idea of having your day interrupted, bring a property manager on board to take care of this job for you. Be respectful Above all, treat your tenants with respect and they will be more likely to treat your property with respect in return. Don’t drop by unannounced, but do listen to any concerns or feedback that your tenants may have. If your tenants feel comfortable and secure in their home, they will be more likely to be loyal to you. Understand and follow the law As a landlord, it’s important to understand and follow the rules. Some of the key legal requirements for landlords in Western Australia include providing a written tenancy agreement, giving notice before entering the property, and returning the tenant’s bond at the end of the lease. Make sure you understand your responsibilities as a landlord and follow the law to avoid any legal issues. Work with a quality property manager in Perth The absolute best way to be a great landlord is to outsource the day-to-day management of your property to a professional. Working with a quality property manager can be a game-changer for landlords because everything will be handled for you. The price is small in return for the peace of mind that your investment and the people who live in it are being taken care of. It also means you’re able to focus on the things you enjoy and love. Tenants appreciate being able to work with a responsive, respectful and knowledgeable industry expert, so if you want to be a good landlord, one of the best things you can do is get the right help. The best property managers in Perth have the goal of increasing the value of their clients’ investments as well as taking care of day-to-day requirements. To find out more about the proactive services D Residential offers property investors in Perth, get in touch today.

Feb 9, 2023

Where to invest in Perth if you want steady occupancy

One of the most important things to consider as an investor is occupancy. When you don’t have someone paying rent, it will be up to you to cover the mortgage and other holding costs in full, which will put pressure on your finances. The good news for Perth investors right now is that rental vacancy is at a 40-year low. However, if you’re looking to invest or expand your portfolio, you need to think with the long-term in mind. When the pendulum swings and vacancies rise again (you never know when this will happen), your property needs to appeal to renters and stand out from the competition. Here are some of the factors to keep in mind when selecting an investment property in Perth. Student-friendly properties While a freestanding house is always a good investment, if you are buying an apartment, townhouse or unit, there is a higher chance that you will have student tenants. Because of this, a suburb close to one of Perth’s universities is a wise choice. If you are buying a smaller place, consider: ‘Golden triangle’ suburbs close to UWA: Subiaco, Claremont, Shenton Park, Nedlands and Dalkeith Mount Lawley/Mount Hawthorn/Inglewood/Bedford or Joondalup/Heathridge/Edgewater for Edith Cowan students Bentley for Curtin University. Don’t forget the TAFE locations, either. Basically, any suburb that provides an easy ride on public transport to a major tertiary institution is suitable for an investment apartment. Keep in mind you may have a gap between tenants every few years as they graduate and move elsewhere. Close to hospitals or larger aged care facilities Healthcare workers often have a smaller budget and want to live close to their workplace. If you purchase a quality apartment or unit near one of Perth’s hospitals, you should be able to find a tenant who has a steady job and appreciates having a cost-effective place to live in. Places to consider could include: Subiaco for St John of God Hospital Subiaco Mount Lawley for St John of God Hospital Mount Lawley Mount Claremont for Graylands Hospital Nedlands for Perth Children’s Hospital, Sir Charles Gairdner Hospital and Hollywood Private Hospital West Leederville for West Leederville Private Hospital Perth CBD for Royal Perth Hospital Nurses and other healthcare workers often make excellent, reliable and long-term tenants. Close to public transport Being close to public transport is important for tenants who can’t walk to work or university. Consider properties near bus and train lines. While the property doesn’t have to be adjacent to a bus stop or across the road from a train station, there should be at least one option within walking distance. The next best option is to be a few minutes’ drive from a train station or bus interchange with plenty of parking. If you’re not from Perth and you want to invest, keep in mind that Perth is a very train-focused city. The train lines make life simple and convenient so always look for properties near to stations. Think about schools Just as you look for apartments close to university and TAFE campuses when buying an apartment, if you have the budget to invest in a family home, it makes sense to think about schools. Before you invest in Perth, speak to a property manager about who the tenants are likely to be. If it is a family with young children, aim for something walking distance from the local primary school. High school-aged children should be able to ride a bike or catch the train/bus without too much effort. Proximity to other amenities like parks and playgrounds will also be a bonus. A rental property that is a stone’s throw from a playground is always appealing to a family with young children. Think about lifestyle When people think about Perth, beaches come to mind. Coastal suburbs such as Wembley, Floreat, Scarborough, Cottesloe and Swanbourne are especially popular with young families who enjoy an active, beachside lifestyle. Perth is known for its coastline, so homes that are closer to the beach and have easy access to public transportation are highly sought after and are likely to attract long-term tenants. A little further from the coast, suburbs with a trendy village lifestyle are always popular. Leederville, Mount Lawley and Mouth Hawthorn are examples. When you’re deciding where to invest in Perth, keep the local cafe, pub and restaurant scene in mind if you think your tenants will be young professionals. The most sought-after properties are conveniently located, and these are the places that will maintain steady occupancy, even when the market changes. Property features Location and proximity to the things that make life easy are important factors but don’t forget to think about the property itself. Features that appeal to tenants include: Off-street parking/garage Air conditioning A courtyard or garden Up to date kitchen and bathroom Plenty of storage How to maximise occupancy when you invest in Perth Finally, and perhaps most importantly, if you want your property to be tenanted long-term with high-quality tenants, you need the support of a professional property manager. When you have a long-term relationship with a property manager who is caring, responsive and reliable, you’re more likely to have long-term tenants. This will go a long way to safeguard your finances and help you get more from your Perth investment property. Are you ready to find the perfect Perth investment property? Contact D Residential today.