Survey finds that most renters are happy with their landlords

A recent survey by domain.com.au has found that 73 per cent of renters have a good relationship with their landlord, suggesting that many investors are doing a good job of keeping their tenants happy. 

The real estate portal surveyed 1,241 renters across Australia over July 2013 and found that almost three quarters of respondents were happy with their landlord. 

Respondents also reported that their landlords address problems with the property and fix issues in a timely and efficient way, and most had their rent increased by no more than $5 per week. 

However, 22 per cent were paying more than 50 dollars extra per week than when they moved in.

Despite these figures, the survey found that 60 per cent of respondents thought their rental increases had been, on the whole, fair – and 65 per cent believed they were paying a fair market rate.

Domain.com.au’s spokesperson, Stuart Benson, said ““We hear stories all the time about nightmare rental properties with broken fixtures that the landlord is unwilling to fix, and greedy landlords unfairly jacking up the rent in a competitive market, however this does not seem to the common experience.” 

“It is nice to see that on the whole tenants are quite satisfied with their landlords, and as more and more people are choosing to rent for longer in order to save money for a house deposit or for lifestyle reasons, maintaining a good relationship between landlord and tenant is important,” concluded Mr Benson.

For more information about the residential property market in your areas of interest, please feel free to stop by your local CENTURY 21 Real Estate office for clear and expert advice. 

Posted by Charles Tarbey on 13/08/2013 at 12:00 AM | Categories:

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