VIC Finding tenants due to COVID-19

Discussion in 'Property Management' started by couq, 18th Mar, 2020.

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  1. couq

    couq Well-Known Member

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    Hi there. Our rental is just up for renewal in Reservoir 3073 Melbourne and wanting to know if people have had any issues with renters/ lack of renters due to this new COVID-19 issue.
    Are there still good renters out there? With the ongoing fear of Coronavirus and job losses will this impact rentals going forward

    My house 3 bedroom, with backyard has just been listed and wanting to know if I should keep rental price at same, or lower?

    Thanks
     
  2. Dan Wood

    Dan Wood Well-Known Member

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    What does this even mean?
     
  3. skater

    skater Well-Known Member

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    What does your PM have to say?
     
    KingBendtner likes this.
  4. KingBendtner

    KingBendtner Well-Known Member

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    @couq my theory is steady as she goes. Even there might be more people who choose to keep on renting (for the time being), rather than jump on buying. Life has to go on and people needs shelter. Just my 2 cents
     
  5. Ian87

    Ian87 Well-Known Member

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    Offer a discount for those who test negative for coronavirus. Or you could accept payment in toilet roll and pasta, sell that on and you could have a nice little earner.
     
    mikey7 likes this.
  6. Scott No Mates

    Scott No Mates Well-Known Member

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    Maybe sad a holding deposit. Anyone who forks out that sort of currency must be a hoarder and you could reject. :rolleyes:
     
  7. Peter2013

    Peter2013 Well-Known Member

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    Qantas just put off 20,000 employees. This is just the start for corporate Australia.

    I suspect demand will be varied. If you have a large pantry, you should be fine.
     
    Michael Mitchell likes this.