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Mode Rental Review

By now you’ve probably read the headlines about the current buoyant real estate sales market. Since Covid-19 and the associated lockdowns, people appear focused on having an enjoyable lifestyle whilst in lockdown.

The increase in demand for properties in our area is not isolated to sales. Over the past twelve months, we have seen a rise in rents of between 10 to 20% as demand continues to outstrip supply.

Properties that offer quality accommodation plus an enjoyable lifestyle are the ones in the highest demand. Acreage properties with room for the kids to play, residential houses with a good-sized yard or pool have seen the biggest increase in rental return. Fortunately being in a semi-rural “lifestyle” area most of our properties offer just that, so are quickly leased if they become available.

We are desperately short of available quality rental properties to satisfy the demand. I live in Dural so I already know how great this area is, but the secret is definitely out! We have many great pre-qualified tenants looking for properties up to $2300 per week.


If your rental property is currently vacant or you are looking for a higher degree of management service for your current investments please call Meg on 9651 5115  www.mode.com.au