About Me

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Perth, WA, Australia
James Limnios is the CEO of Limnios Property Group and a City of Perth Councillor since the 2009 elections. He has been instrumental in the marketing and sales of all of the inner city projects sold by his Group and holds a personal record of over $300 million in sales over a two year period. James holds an Executive Master of Business Administration (EMBA) degree from The University of Western Australia. He is also Licensed Real Estate & Business Agent with a Diploma in Real Estate Management and holder of a REBA Triennial Certificate. Highly regarded for his expertise as a strong and ethical negotiator, he is a consultant to a number of large Australian and overseas companies looking to invest in Australia, Asia and Europe. In 2004 he was awarded the 40 Under 40 Business Award, presented to the top 40 West Australians under 40 years of age who excel in their field. Follow James on Twitter

Friday 18 January 2013

Perth Rents To Rise - Get a Rent Check On Your Property!


Welcome to 2013! A few months ago, Limnios Property Group had a record low of rental vacancies, at a rate of about 1%, well today that is well below that, standing at .02% - which means rents around the Perth CBD area are about to rise again!

If you have an investment property within 5kms of the CBD, you’d be doing yourself a favour getting a rental check done by a reputable agent, someone who knows the area well and has their finger on the pulse of real estate trends and the local economy. 

Why? Because with the scarcity factor of rental properties in these areas, your investment could be worth more in the rental market than you think. So before you re-advertise or re-assess your tenants, make you aren’t undervaluing your weekly rental income. Finally, it’s not just about your property being worth more, a rental check can ensure that the terms and conditions are the best you can get and that you get the best tenants!

To read more about rental prices rising, have a look at my recent article on The Home Page. http://www.thehomepage.com.au/news/perth-rent-could-rise-by-up-to-20-in-2013/

2 comments:

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