Camden Haven rental market ‘turbulent’ and ‘unpredictable’

Office Manager Shanna Cook and Property Manager Kirralee Schuenicke.

“THE local rental market is in a turbulent, unpredictable state at the moment, driven mainly by cost-of-living pressures.”

That is the assessment of Shanna Cook, Office Manager at One Agency North Haven.

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While prospective tenants across the country struggle with surging rental prices, Shanna said the cost-of-living was having impacts for property owners too.

“Those cost-of-living pressures are not isolated to just tenants,” she said.

“Owners of rental properties have experienced significant increases in costs, mainly due to several interest rate rises during the past two years.”

Shanna’s top tip for prospective tenants is to make yourself known to the property manager in person where possible.

This will help build a rapport and assist in communication.

“Be mindful that agents are duty-bound to follow legislation in achieving successful outcomes,” Shanna said.

Experienced Property Manager Kirralee Schuenicke advised that property management can be a challenging business, with “both parties being emotionally involved at some level with the property”.

“We do our best to find a property that the tenant feels at home with and endeavour to find our landlords a caring occupant for their investment,” she said.

Kirralee’s main tips when it comes to prospective tenants are:
– Do your homework to ensure the property you wish to inspect meets your needs;
– Turn up for a property inspection on time and advise the property manager if you must postpone or cancel;
– Make sure your application is complete with up-to-date details for the past three years if possible;
– Include all forms of income along with a savings history.

“I’m always positive about assisting people to find the right rental,” Kirralee said.

“It is not unusual for a property owner to be provided with a number of applications for a rental.

“It is in your best interest to supply a quality application on all occasions.

“Patience is always appreciated throughout the whole rental experience.”

By Bill HARROW

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