Our Property Managers Ran Hot Over Winter

Our Property Managers Ran Hot Over Winter

Most winters, things cool off in the property management world, but at PhilipWebb we were too busy breaking records to notice.

In 2015 we averaged 730 inspections per month over the winter months, a figure most of our competitors would die for. But in 2016 we smashed that figure, with a staggering 1020 inspections per month.

A good start, you say, but do they turn into tenancies?

Well, in 2015, it took us an average of 14 days to rent a newly listed property – again, pretty good by industry standards! But in 2016 we slashed that number to 10 days. Within 10 days of listing with us, our landlords were collecting the rent.

It’s a simple case of bigger equalling better. With 16,805 prospective tenants on our database, including 2,207 actively looking right now, we can give you the greatest exposure to get you the best rental rates in the fastest possible time! In fact we regularly lease properties after just one inspection!

So let’s finish with one final stat. The REIV Vacancy Rate currently sits at 3.2%. PhilipWebb’s vacancy rate is a tiny 0.48%! And that, above all, is why you should be leasing through PhilipWebb.

If you’d like to know more, give us a call on (03) 9874 3355.