What renters are looking for in Queensland

As more Australians choose long-term renting, tenants are seeking properties that feel like home, with comfort, convenience, and lifestyle in mind. From climate control to technology and transport access, here are the top features renters are looking for today.

Fans and Air Conditioning

In Brisbane’s long, hot summers, comfort is key. Adding air conditioning and ceiling fans is one of the smartest, most cost-effective upgrades you can make. You’ll attract better tenants, increase rent, reduce vacancy, and even claim depreciation benefits. Comfortable tenants are happy tenants, and happy tenants stay longer.

Technology

As all of our homes become more technologically enabled, renters are appreciating additions that give them more connection. Think things like USB outlets, the latest appliances, smart thermostats, and built-in sound systems. These needs are higher amongst apartment renters who desire connectivity. They're willing to pay the price too. A survey by Wakefield Research and Schlage found that nine in ten millennials are willing to pay more for a property with smart technology.

Transport, transport, transport

It's hardly surprising, but renters love to be close to lots of public transport options. If they have the choice between a property where they can walk 5 minutes to the bus or train versus having to drive and park, they pick the walkable option. This is a key consideration if you're thinking of adding to your portfolio in 2018. Make sure your properties are close to transport hubs providing convenience and options for renters to get from point a to point b.

Lifestyle

Again, renters are looking for lifestyle and convenience as more people opt for a long-term renting lifestyle. Being within walking distance to cafes, supermarkets, shops, restaurants, bars and other activities like the movies is a top priority for people who want to enjoy the lifestyle they've created for themselves. When you're listing a property for rent or searching for an addition to your portfolio, make sure you're considering the lifestyle factors your ideal tenant is looking for in a suburb. Keeping a tenant's needs in mind as you balance making a return from your properties this year will set you up with solid a foundation for success in your portfolio while ensuring you minimise vacancy and turnover rates.