The rental market always comes alive in spring, once the people emerge from the hibernation of a cold winter. Signs are this will be a busy end to the year in the rental market. At Abercromby’s we are currently experiencing an undersupply of prestige rental property, which is music to your ears if you are a prospective landlord.
We are in need of quality three and four bedroom homes and apartments. A sign of the times, but many prospective renters also want access to a pool. Given Melbourne’s roads have become a Gordian knot of seething motorists it is becoming more and more desirable for tenants to be within walking distance of public transport. Well worth remembering if you are buying a property to rent out.