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average leasing period to find quality tenants
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Sitting on the north-west of the CBD, West Melbourne offers a city-centric lifestyle with a semi-industrial feel. Accordingly, it has become exceedingly popular among young people (who account for 42% of West Melbourne’s residents). The attractions of living in West Melbourne include easy access to waterside Docklands restaurants, great local cafes, fresh produce from Queen Victoria Market, and the activity of the CBD — all only a short walk away.
The location also offers easy access to transportation, with frequent trams and both North Melbourne and Flagstaff Station nearby. Family-friendly amenities are only a short drive away. Notably, North Melbourne's Errol Street is nearby with a range of strip shops, local cafes, and a few supermarkets. While the majority of properties are apartments, suitable for young couples and singles, there are also a number of period houses available. Living in West Melbourne offers all the benefits of the CBD, without the hustle-and-bustle of the city-centre.
Thanks to its easy access to the CBD and high demand amongst independent professionals, the demand for properties in West Melbourne will continue to surge.
Thanks to its easy access to the CBD and high demand amongst independent professionals, the demand for properties in West Melbourne will continue to surge.
Growth projections remain strong, supported by the CBD economic activity.
While there are a limited number of properties available, these appealing market trends have contributed to the high sales rate.
At TTS Real Estate, we are a modern and agile agency with a digital-first approach. We can efficiently get a property to market, get it leased, and look after the property throughout the lease with our digital processes.
We go above and beyond to understand your needs so we can provide the very best property management services, so you can get the most out of your investment property.
Take advantage of TTS Real Estate’s local knowledge of property management in the West Melbourne rental market.
Receive a same-day rental appraisal and learn where your property sits in the market.
As local West Melbourne property managers, we have a deep understanding of the market forces and how you can benefit from the high growth potential. Our dedicated team of West Melbourne real estate agents are here to help you achieve your investment goals.
With our boutique West Melbourne property management services, we can help you realise the maximum value of your investment property, including:
Reach out to the TTS Real Estate team and receive your free West Melbourne rental appraisal.
Meet your team face-to-face to see how we can help you achieve your investment goals in West Melbourne.
We’ll develop a bespoke marketing campaign for your investment property to attract the most suitable tenants.
We’ll present you with a shortlist of suitable candidates. You can then approve a final tenant and start earning a return on your West Melbourne rental property.
Get the perfect tenant for your West Melbourne investment property. Our West Melbourne property managers can help you find them.
Properties situated on Flagstaff Gardens are excellent properties to invest in. Not only are they next to the beautiful gardens, they are incredibly close to Flagstaff Station, Queen Victoria Market, and the CBD.
While the majority of West Melbourne residents are either singles or couples without children, it’s easy to dismiss family homes as a rental opportunity. However, families still account for over 10% of the market and will be in high-demand amongst busy professionals with children. It’s also important to recognise that units are competing for tenants against the many apartment buildings in Docklands.
There are several single and double-storey Victorian terraces situated along Victoria Street and close to North Melbourne. With easy access to both the CBD and suburbs, these properties will be popular among young dual-income families and offer high growth potential.
While there are many new apartment complexes being built, pay attention to the warehouses that are being converted into luxurious modern apartments. You may be able to pick up a quality apartment at a great price.
Our team are here to help make property leasing as smooth and seamless as possible. To get in touch, use the contact form below.
Receive an obligation-free rental appraisal and discover the true earning potential of your property.
