Hi we have a 2 bedroom apartment in Kensington which we have had for approx. 4.5 years. Each time the tenant moves out (twice now) it has taken a little while to rent. The rent seems to be slowly dropping each time. It is semi renovated with off street carpark in and older building in Bayswater road which is close to the main drag.
Is it due to all the competition from all the new apartments? We are also going to install a split system air con unit over summer to make it more attractive. Current asking price is $330 per week. Any tips / comments appreciated.
Link to current add below. Bear in mind we have already put in new blinds etc and are getting new photos as the current tenant has only just moved out.
Thanks Jamie, small pets would be ok i.e small dog or cat. Good suggestion thanks. I know the photos are crap at the moment as well which we are going to get fixed asap.
Got any pics when it was furnished ? Also suggest you add the split now while it’s vacant to enhance its appeal and avoid installation disruption for the next tenant. “Electric wall heater” doesn’t appeal due to running cost and warming weather. Mentioning “new blinds” makes it sound like it’s one of the unit’s best features, even though you may have spent heaps on them and they’ll look great up close. Top floor location ? Stairs? Maybe put an arrow on the external pic to identify the unit. Better pics always increase enquiry rate. Block of ? how many ? Demographic of neighbours? HWS type ? Storage ? Hope it rents real soon.
Good luck
Cheers
thecrest