A Busy Rental Market
Thursday 22 November 2018
When we have a property coming up for rent, we often secure a tenant within the first week and have a good choice of people.
The most popular properties are modern or updated ones, with improved decoration and facilities seeming to dictate the rent rather than the value of the house, especially their proximity to local amenities.
With interest rates at an all-time low, we are seeing more investors back in the marketplace and the demand for rentals is very strong across Nelson and Marlborough from very good prospective tenants. Rents continue on a steady rise, so conditions are about as good as they get!
If you are considering purchasing a property as an investment, any of our team of qualified property managers can help you through the selection process and steer you in the right direction to set things up properly.
Stewart Henry
