Property Management Hawthorn
Hawthorn is a well established suburb consisting of approximately equal numbers of houses and apartments or units. The area offers great public transport to its inhabitants and its proximity to tertiary education and the city have allowed it to become home to academics and professionals.
The prices of homes in Hawthorn reflect the suburbs desirability with it now virtually impossible to find a free standing house under the $1 million mark and apartments and units often fetch half of that amount.
Rental returns in the suburb are strong, our property managers report that vacancy rates are low and that property here usually stays vacant for only a matter of days and we usually finds a tenant prior to a property becoming vacant.
Weekly rents for free standing homes range from $650 and up while a unit or apartment will fetch in the $400 dollar mark and up depending on size, position and facilities at hand.
With the internet becoming virtually the sole provider of enquiry from tenants we have found that our services can be offered to suburbs such as Hawthorn due to the fact that tenants no longer visit the local offices in Glenferrie Rd for rental lists but rather look online for the up to the minute list of all rental property available in their particular price range.