As a landlord, making the most of your rental property is key to ensuring your investment remains profitable. With the property market in South East Queensland evolving in 2025, here are five practical tips to help you boost your rental income, reduce vacancies, and keep tenants happy this March.
Getting the rent right is crucial. If you price your property too high, it could sit empty for longer than you’d like. But set it too low, and you might miss out on valuable income. Start by researching similar properties in your area to see what they’re charging. Setting a competitive price can help you attract tenants quickly, reducing any downtime between letting periods.
Tip: Take advantage of CBS Property Group’s free rental appraisal service to make sure you're on track with your pricing.
First impressions count. If the outside of your property looks tired or neglected, it might put off potential tenants before they even step inside. Simple changes like a fresh coat of paint, a tidy garden, and well-maintained paths can make a huge difference. Curb appeal isn’t just for attracting new tenants—it can also encourage current tenants to take better care of your property.
Tip: Focus on small, budget-friendly improvements, like a clean driveway or sprucing up the front door with new hardware.
In today’s climate, flexibility is key. Many tenants are looking for lease terms that suit their changing circumstances. Offering shorter-term leases or the option to extend can be a great way to appeal to a wider range of renters. Whether you’re catering to seasonal workers, students, or families, being flexible with lease terms can help secure long-term tenants.
Tip: You could offer a 12-month lease with the option to renew early.
Keeping your tenants happy is just as important as finding new ones. A satisfied tenant is more likely to stay longer, reducing turnover and the costs associated with finding new tenants. Regular maintenance and small upgrades—like new kitchen appliances or a fresh coat of paint—can improve tenant satisfaction and even justify a small rent increase.
Tip: Stay on top of maintenance and address any issues before they become bigger problems. Consider upgrades that add value and appeal to your tenants, like energy-efficient appliances.
Maximising your rental returns is all about pricing, upkeep, and smart management. By implementing these four tips, you’ll increase your chances of securing quality tenants, reducing vacancies, and boosting your income.
Need help managing your property? CBS Property Group specialises in making the most of your property with a focus on landlord satisfaction. Get in touch today for a free rental appraisal!