Having an investment property is a great way to secure long and short term returns on your hard-earned money.
When the time comes to hand over the management of your property to someone else you will want to do your homework before making the big decision.
You could stay with the property manager that you purchased the property from; however it’s worth considering your options carefully first. The relationship you have with your property manager can mean the difference between an investment that effortlessly grows in value, or a money pit that causes no end of stress.
What Makes a Great Property Manager?
Here are some things to look for when you’re choosing a property manager.
- Communication. Communication is key to all good business. Problems often arise from a lack of clear information between owners, property managers and tenants. This can cause frustration and worse yet, cost you time and money.
- Experience. The best property managers know the market and their industry well. They are the experts and should be able to advise you on all aspects of managing your property. Questions to ask include: How long have you been in business? How many properties do you manage?
- People skills. It can be a delicate balance keeping both owners and tenants happy and it requires excellent people skills. Happy tenants should always be the goal to maximise occupancy and avoid loss of income.
- Professional. Look for a professional looking agency with staff that present as organised and friendly. Take in your first impressions from the reception area as a guide to the overall professionalism of the agency.
- Local or national. Whether to go with a local or national property manager will depend on your investment plans. It is a good idea to stay local if you only plan to invest locally, however if you would like to expand your investments to other states, consider a property manager that has national coverage.
Canberra’s Favourite Property Managers According to You
RiotACT’s editorial team has combed through 19 years of on-site comments to compile a list of the most recommended businesses according to you.
Ray White is one of the most trusted names in Real Estate in Australia, and Ray White Canberra is no different. With an incredible team of dedicated real estate agents and property managers, you will secure the property of your dreams, or sell your current home for an optimal price.
Using industry-leading, unparalleled technology, Ray White Canberra can help you secure a home or find a buyer. With in-depth knowledge of the Canberra property market, Ray White’s Canberra agents are capable of pricing your home correctly and securing you the best possible deal.
Plus, Ray White Canberra works closely with renters to help them discover a property that meets their budget and timeline requirements. Moving to a new house can be stressful – so work with an agent you can rely on.
Peter Blackshaw Real Estate has been managing properties in the Canberra and surrounds since 1988. From the start, Peter Blackshaw has had a reputation as a pioneer in the industry, often at the forefront of the latest innovations in property management and marketing.
The agency currently has 7 offices and employs over 120 expert staff. Peter Blackshaw boasts a vacancy rate that is consistently lower than the state average.
Here’s what sophiekt has to say, “Peter Blackshaw Woden gets my vote. I just returned from a posting (3 years) and the house was returned in great shape and no nasty surprises. Not one late rent payment in the whole 3 years either.”
Independent Property Group is an award-winning property management group with a refreshing focus on putting people first and engaging the community. As well as professional, well-trained staff and excellent management protocols, Independent Property aims to have a positive impact on the Canberra region.
They care about honesty and transparency and are always looking for ways to take the stress out of owning an investment property. Pride is taken in teamwork, a passion for the job and being early adaptors to new technologies in the industry.
There’s some great feedback for Independent; crispmarks says, “I think Nicole at Independent is Great, switched on and easy to deal with”, and from Bobert, “I thought they were excellent. They kept out of my life, but they did definitely tell me when something was wrong. They were strict but fair about inspections, and they kept me and my landlord in the loop about all problems. Would definitely recommend them!”
We celebrate being the most engaged agency in Gungahlin operating the largest property investment management portfolio with thousands of investors trusting us with $700M in assets under management.
Our team is structured to maximise efficiency and ensure the delivery of 6-star services to our clients and tenants. We have specialised service areas catered to by industry leading professionals supported by amazing administration and agile technology.
Our clients love the convenience of our online client portal. Available 24/7, you can access important information, statements and documents from your desktop or any mobile device.
Under the watchful eye Jessica Lawless, McGrath Gungahlin is one of the most awarded, prolific, high performing Property Management businesses in the McGrath network of 95 offices.
A long-term partner of the business, Jess herself has been the recipient of the networks coveted Property Manager of the Year award several times. In the last 7 years held firmly in Jess’ nurturing hands; we are honoured to have won the following network awards and accolades:
2011 Most Outstanding Property Manager
2012 Fastest Growing Sales Office
2013 Most Outstanding Senior Property Manager
2014 Office of the Year
2016 Most Outstanding Leasing Consultant
2016 Most Outstanding Senior Property Manager
2017 Most Outstanding Senior Property Manager
2018 McGrath Network RECORD Most properties leased in a month…Ever! leasing 70 properties (last financial year we leased over 600 properties)
2018 Most Outstanding Leasing Consultant
A collection of experts who manage with honesty, efficiency and attention to detail. Belle Property’s team of property managers, led by Principal Richard Davies, will do just that. Your property will not just be leased, it will be cared for by our small and experienced team, taking the stress out of owning an investment property. Belle Property provides premium marketing to achieve a quick lease, as well as work hard to ensure smooth transitions between tenancies.
For tenants in the market, they strive to find you a home. One that fits your individual needs for either a short stay in Canberra or a stable and comfortable lifestyle.
As an internationally supported agency, Belle Property is a recognised boutique real estate office known for their exceptional property presentation, cutting edge marketing and borderless reach. The Canberra office is nothing short of this as they take great pride in supporting a personable, honest and trustworthy team that share in the same values.
Discover Canberra’s thriving real estate scene right here on RiotACT.
Looking to buy? Find your dream home as you explore our featured property picks. Ready to rent? Uncover the perfect rental property for you and your family. Want to stay in the know? Get all the details on new developments in and around the capital, and keep up-to-date with the latest auction results.
RiotACT is home to all the real estate market information you need to land an incredible deal or discover a potential opportunity. Happy house hunting!
Who did you pick?
Thanks to our commenters who have provided insightful feedback on the best and worst Canberra property managers.
If you believe we have got it wrong, please let us know.
Please comment below detailing your experience with Canberra property managers? Who would you recommend? Who would you use again? Who would you steer clear of?