How to Attract and Retain Quality Tenants

Maintaining and modernising your home are just a couple of ways to attract tenants to your property. We have outlined several key aspects of your home that can help you attract and secure long-term, quality tenants.

Double glazing and insulation – Especially in Dunedin, tenants are looking for warm homes. While all homes must comply with the Healthy Homes Standards, additional upgrades such as upgrading single-glazed windows to double-glazed or renewing old insulation, where accessible, will create a warmer, more comfortable living environment. 

Heating – Installing additional heat pumps, for example, in hallways or as a secondary form of heating in the living room if there is only a fire currently, is another great way to attract tenants. Heat pumps are energy-efficient and cost-effective for heating a home. 

Paint – Normal wear and tear to paint is inevitable, especially with long-term tenants. Freshening up the property between tenancies with a coat of neutral coloured paint will brighten up the space and make it more appealing to future renters. 

Curtains – Adding neutral thermal curtains is an affordable way to help retain heat and upgrade your property’s appeal. And installing machine washable curtains is an added bonus if they get dirty or a little mouldy. 

Kitchen and bathroom upgrades – Upgraded kitchens and bathrooms are always popular with tenants and can greatly increase the attractiveness of your property. 

Market your property well – Using bright photography, video tours, detailed descriptions, and advertising on multiple online platforms will help you reach a wider audience and market your property effectively. 

Hiring a property manager – Property managers not only have extensive screening processes to find the right tenant, but they also have access to a database of past and current tenants. This can give your property a head start by reaching potential tenants prior to or as soon as it hits the rental market. 

Improving your property to appeal to tenants can attract long-term tenants and can also reduce vacancy time between tenancies.