Landlord Information Home / Landlord Information

Why invest in property?

Investment in property is one of the most stable forms of growing your wealth. Whilst markets change, and prices of property rise and fall, the cycle always continues. The key is to buy when the market is down, and sell when the market is up – this will almost always guarantee a return on your investment. If you would like to grow or start an investment portfolio, talk to VicHomes Real Estate Agent to find out more about what options there are for investing in property.

As an investment property owner, you want to know that your property or properties are being managed by a team of professional, ethical and caring people. This is what VicHomes Real Estate Group strives to achieve for all of their investment property owners (Landlords). We can offer you a personalised service, from purchase through to finding a quality tenant who will treat your property as their home. We pride ourselves on quality of service.

Property management is an industry that undergoes legislative changes constantly, so it is important that you can be assured your investments are being managed by people who are informed and follow the right procedures to get the maximum return for you. By choosing VicHomes Real Estate Group, you are choosing a Property Management team that is fully trained in all aspects of property management and who understand the obligation of landlords and tenants.

We have outlined a few key points for you to consider when choosing a managing agency for your investment property/properties.

Selecting the right property manager

Selecting the right property manager is one of the most fundamental decisions you’ll make and can make a difference not only to your overall returns, but also the enjoyment of your investment.

Over the last few years, property management has undergone a significant transformation, from simply a rent collection service, to a dynamic investment management and service system. This changing scene has brought about the need to appropriately manage new legislation and the consequences to ensure fairness for both owners and tenants alike. This includes, in some regions, the Strata Titles Act, Residential Tenancies Act and deregulation of fees charged.

It is important to realise that together with the legislation comes a greater onus on owners and agents to follow the requirements of these laws.

Now more than ever, it is prudent to ensure that your property is professionally managed by entrusting it to a manager who is trained, experienced and equipped to meet these ever changing needs.

Property managers work within a licensed Real Estate Agency. It is therefore the agency owner who is ultimately responsible for the property, so it is essential you choose a reputable name you trust when selecting the business for management of your property. It’s a big decision that creates a medium to long term working relationship and you need to feel comfortable with the company you’re dealing with. Rest assured, when you choose Professionals, you will be joining thousands of happy Australasian property investors and owners who have put their faith and confidence in us to professionally manage their property.

Our property management services

Once you have entrusted a VicHomes Real Estate agent to manage your property, you will be exclusively authorising that agency to act on your behalf. We will then appoint experienced property managers, who will be responsible for the day to day management of your property and tenancy.

Your property manager/s will act as guardian/s of your property and will provide a range of ‘personalised’ services that all include:

  • Professionally screening and selecting tenants
  • Providing a detailed explanation of the owners/tenants rights and obligations
  • Receiving rents and issue receipts
  • Arranging for repairs and maintenance to the property
  • Paying of accounts such as water services and council rates
  • Processing any insurance claims that may arise
  • Exercising the owners/tenants rights to terminate leases and tenancies
  • Reletting the property at the end of each tenancy in the event of a vacancy
  • Preparing and checking the property’s inventory
  • Doing all such lawful things as may be directed by the owner in writing from time to time
  • Professionally and accurately reporting on the condition of the property at the inception, during and end of each tenancy
  • Such authority is given for a period of time and thereafter until 30 days written notice is given to terminate the management by either party.

Finding a tenant for your property

When you buy an investment property, or rent your home, it’s important to secure long term tenancies where possible to maximise the investment returns. As your selected agent, we will use all our experience, knowledge and data resources to find you a suitable tenant in the shortest possible time, who will treat your property as well.

“Local Expertise, Global Connections”