With rising tenant expectations and an increasingly competitive rental landscape, smart upgrades can significantly improve leasing outcomes and weekly returns.
1. Upgrade Key Touchpoints
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LED lighting
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Fresh paint
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Modern flooring
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Quality blinds
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Stainless steel appliances
These create instant appeal and reduce tenant objections.
2. Ensure Pro-Level Marketing
Professional photography and accurate descriptions create higher enquiry volume and faster turnarounds.
3. Consider Allowing Pets
Properties that allow pets can lease up to 40% faster and attract longer-term tenants.
4. Review Rent Annually
Stay aligned with suburb performance to maintain optimal yield.
Key Takeaway
Strategic upgrades paired with disciplined reviews can boost return on investment without heavy capital spend.
