Do Students Make Good Tenants in Wellington?

A new year means a new beginning for many tenancies throughout Wellington. As students begin to flow back into Wellington looking for rental properties landlords once again face the decision on whether or not they should focus on the tenant market when advertising their property.



Advantages Of Students As Tenants


You Can Charge A Higher Rent


Students each earn their own income, meaning students are usually willing and able to pay more rent than a family for a rental property, allowing many landlords to charge a higher rent when they market their Wellington rental property towards students.


More Likely To Find Tenants


Tenants are flooding back into Wellington, creating a higher demand for rental properties than other tenant groups during this time of the year. Focusing on the student market allows more opportunity for your property to be tenanted. 


Don’t Believe The Myth


While some students occasionally have loud parties, over the years we’ve found the vast majority of student tenants prefer to quietly enjoy the property, are reliable, pay rent on time, and leave the property in a fit condition to re-let without any additional maintenance or cleaning, making them an ideal tenant market for your Wellington rental property.


They Can Help Limit Future Vacancies


Students can be a great source of tenant referrals in the future for landlords, making life easier when the tenancy ends by helping you avoiding long vacancy periods and save time advertising the property.


Advice For Marketing Towards Students


Online Is The Way To Go


The more online exposure your rental property has the better. Don’t just rely on Trade Me, consider posting on Facebook pages like ‘Wellington Rental Properties’ and ‘Flatmates Wanted Wellington’ to maximise exposure to the student market. At Quinovic Kent Terrace we have a database of approximately 2,000 tenants we email our listings to each week, giving tremendous advantage over listings on Trade Me.


Bullet Points Are Best


With so many properties advertised, it’s hard to get attention, let alone hold onto it.

Many students will only glance at your listing at first and won’t bother reading long paragraphs. To get your selling points across effectively, bullet point brief sentences detailing the main selling points of the rental property and avoid vague or ambiguous descriptions. When creating the rental listing, keep the target audience in mind. Include information about the property, features, local amenities and neighbourhood that would interest students.


Take Great Photos


Create a great first impression with great property photos! Make sure you take photos of the exterior and all the rooms, not just the bedrooms and kitchen, as each room has its own selling point and tenants like to know what to expect before viewings. Tenants naturally focus on seeing things they noticed in the photos during viewings -  if the room is dark and shadowy in the photos then that’s what tenants will look for during the viewing to confirm what they know and are concerned about. Try providing photos that show bright and sunny rooms to establish a positive feeling towards the property and attract more tenants to viewings.


Bottom-Line

In our experience, most students are great, reliable tenants, making them an attractive and profitable market. Wellington landlords should strongly consider when advertising their property and accepting applications. We deal with many students as tenants and through careful management the tenancy runs smoothly.


Interested to hear how we can help you and your investment? Find out how our Wellington Property managers can help you. We manage property in the Wellington and Hutt Valley regions. Feel confident your property and tenants are looked after by our professional Property managers with our property management services .

Discover how our Care & Return System will benefit you. Receive a no-obligation, FREE rental appraisal today for your Wellington investment property!

Call Jordan Atkinson - 027 297 0873

Quinovic Kent Terrace | Wellington


Call Allan Hartley - 027 522 9084

Quinovic Johnsonville | Wellington


Call Helen Vance - 027 487 8103

Quinovic Hutt Valley | Wellington

Get the latest news for landlords

Get a Free Rental Appraisal

Call Allan Hartley Today

Quinovic Johnsonville & Northern Suburbs

027 522 9084 or email me

Call Jordan Atkinson Today

Quinovic Kent Terrace Wellington

027 297 0873 or email me

Follow us: 

Facebook
Linkedin

Newsletter

Receive latest investor news straight to your inbox. Sign Up

Call Helen Vance Today

Quinovic Hutt Valley

027 487 8103 or email me

© Quinovic Kent Terrace, Johnsonville and Hutt Valley Wellington Property Management 1988-2020. Privacy Policy