What features are likely to attract high-quality tenants?

When looking at houses and land for sale Mackay investors should be looking at which features are likely to attract high-quality tenants.

  • Location – The type of house or land you’re buying will determine how much rent you can charge, so it’s important to find an area that has plenty of demand and is close enough so that tenants won’t have a long commute. If possible, try searching for properties within walking distance from public transport routes or near shopping centers where they can go out without having their own cars.
  • Condition – The condition of your property will determine how much money it costs to maintain each year as well as how much time it takes before returning a profit on investment (ROI). If there are major repairs needed right away then consider doing them yourself because this will save money over hiring someone else later down the track when they need replacing again anyway!
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