News

Quality Rental Appraisals

By Natasha Johns
IF YOU ARE LOOKING TO PURCHASE an investment property, it is important to ensure that you obtain an independent written rental appraisal (similar to a valuation when buying a property) from an experienced property manager rather than a salesperson.
Salespeople can unintentionally share a rental figure when put on the spot without the necessary market condition knowledge and documented research.
A good rental appraisal is one with a low to high rental range that is substantiated by evidence, known as a CMA Comparative Market Analysis that outlines similar properties that are currently on the market for rent.
Our skilled property management team are happy to offer a no obligation complimentary rent appraisal to give you peace of mind when purchasing an investment property – even if the property is listed with an outside agent. Contact the department on 07 3373 4200.
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