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A much welcome 15% rent increase in Coorparoo

Although August is traditionally slow for enquiry, properties that are well-located, well-priced, and well-advertised are still generating solid interest from prospective tenants. Through our professional approach, we are attracting more quality tenants and more applications for the properties we manage, and as a result achieve higher weekly rent.

One example is a 3-bedroom home in Coorparoo that we rented out within days. Our property listing got 2,792 online views and 25 direct inquiries. Our Leasing Manager, Corey Love, communicated with every interested party to sell the home’s unique benefits, prior to any inspections. 

Amidst the Brisbane lockdown, Corey then went out of his way to arrange three private 15-minute inspections in a row and all three applicants applied! We then managed to lease the property out for 15% higher rent than the previous big name agency that managed it. 

The owner, Rhett, expressed how happy he was about having made the switch to us, and we now manage two Brisbane investment properties for him. Our client Rhett lives in NSW and was relieved and impressed by how quickly and sufficiently we rented out his property for more, especially as he plans to tear down his Coorparoo property next year and do a development.

We love getting great results for our investors, building on our core values of care, transparency, and growth. Over the past year we have regularly achieved 5-15% higher weekly rents for our clients, which means a higher income, quicker mortgage repayments, and a secure cash flow.

While some rents in the current market have continued to increase, there are also signs that rents are leveling. To make sure that our clients’ properties are standing out in the marketplace, we treat each of them like a product and emphasise whatever can make them stand out positively in our copy (the listing description) and photos. Also, we provide a quick turnaround on any enquiries, and proactively communicate and patiently negotiate with potential tenants on behalf of our clients, and provide group inspections and when needed private or virtual ones. 

To us it’s essential that we walk the walk when it comes to our core values of Care, Transparency, and Growth, and hope you’ll think of us when choosing or referring to a property management team in Brisbane. Feel free to browse our property management webpage and reach out to us to find out more.

About Adam Nobel

Principal
M. Bus, Grad Dip Adv, B.Int Bus, LREA

adam@hugoalexander.com.au

0417 007 001

Adam is the founder and Principal of Hugo Alexander Property Group. With a previous career in advertising, 20 years experience in property investment, and 14 years in Brisbane real estate, he knows the market inside out to ensure his clients grow their wealth faster.

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