If you’re renting out your investment property in Kellyville, chances are you’re renting to a family. Families are the main demographic calling Kellyville home, thanks to its peaceful, safe location, great schools and family-friendly attractions nearby.
Why do families make good tenants?
There are two main reasons why we recommend renting your property to a family.
Responsibility
One of the key things landlords look for in a tenant is someone responsible. Parents in particular are used to putting other people before themselves and considering other people’s feelings, including their children and their landlord.
Parents are also likely to want to look after the property so that it feels like home. Being able to provide shelter for their loved ones will always be a top priority. So they tend to look after and maintain your property like it’s their own.
Longevity
Families with school-aged children are more likely to stay in a rental for an extended period unless extenuating circumstances force them to leave. They’ll want to remain in the same area so their kids have consistency concerning school, friends and activities.
This is great news to a landlord, as it means a steady income and a lot less work. Dealing with vacancies and finding new tenants is an expensive process that landlords want to avoid if possible.
What families are looking for in Kellyville rentals?
Here’s how to make your rental property stand out to families.
Storage
It’s not news to parents that kids come with a lot of clutter. From school supplies to sports and toys, a family-friendly rental property needs to have a lot of storage. This might include creating built-in shelves or adding wardrobes with shelving or organisers. Your tenants will thank you!
Outdoor space
When you have kids, outdoor space where they can run off energy is pivotal. This can be as simple as a fenced but large patch of grass. Parents will be focused on other features too, like an outdoor living space, a shed for additional storage and off-street parking.
Low-maintenance flooring
This is particularly important for families with young children, as they tend to make a lot of mess. They also spend a lot of time sitting on the floor playing and eating. While carpet is a popular choice, landlords have to understand that in the long-term this may get damaged, even if tenants try their best to remove marks and spills. Instead, focus on low-maintenance floorings like tiles and wooden floors. That way, spills can be removed with a single swipe.
Neutral decor
As mentioned, families come with a lot of baggage. So we recommend giving them a neutral space so they can add their own decorations and make your property feel like their home.
Kid-friendly rooms
They say the kitchen is the heart of the home and they’re not wrong. We recommend focusing your energy on providing families with a fully-equipped kitchen. The most important accessory? A dishwasher, of course. This also extends to bathrooms, as families with young children will always prefer a bath-shower combination.
Safety
Give parents peace of mind by focusing on safety. This might include a deadlock on the front door, installing security screens on the windows or adding secure fencing.
Pet-friendly
Families and pets go hand-in-hand. So if you’re open to pets (even if you specify outdoor pets only), you have a better chance of finding long-term tenants.
At the end of the day, you ideally want your tenants to settle in and feel comfortable. That way, you have a reliable source of income with no extra hassle.
Talk to us
Are you looking to buy, sell or invest in Kellyville? Give us a call today!
