Quick tips, Tenants & landlords | 3 min read

Helping Landlords balance interest rate hikes with best interests of their Tenant

Mosaic Property
22/03/23

The consecutive run of interest rate rises by the Reserve Bank of Australia since April 2022 has left many Landlords seriously challenged by how to balance the impact on their mortgage repayments and cash flow with the best interests of their Tenants. We are here to assist.

The widely reported rising construction costs and supply chain issues have exacerbated an already severe housing crisis, resulting in a rapidly dwindling new supply pipeline. Adding to this are record interstate migration levels, the return of international students, and families who remain displaced after the 2022 floods.

South East Queensland’s vacancy rate currently sits at 0.5% compared to 0.8% in January 2022 (source: SQM Research). And with no end to the crisis currently in sight, rental prices are expected to continue to increase in the coming 12 months.

The consecutive run of interest rate rises by the Reserve Bank of Australia since April 2022 has left many Landlords seriously challenged by how to balance the impact on their mortgage repayments and cash flow with the best interests of their Tenants.

We are here to help Landlords effectively navigate these challenges.

Our team of specialists have achieved favourable results in some of the most challenging conditions of recent times.

On top of this, the immense benefit of being part of Mosaic Property Group is making a genuine difference in mitigating bottom-line impacts.

  • As a research-based company, we forensically evaluate a property’s rent return potential based on several factors, including location and distance to lifestyle and urban amenities and its overall quality and features. This is overlayed with the most up-to-date market insights and data to identify an optimal achievable rent that best supports the Landlord’s investment goals.
  • With a well-maintained property paramount to profitability, we develop a plan to proactively stay on top of upkeep, negotiate prices through our vast network of suppliers and trades, and ensure that your property is a priority when maintenance is required.
  • We connect our Landlords with leading insurance companies so that they have the best, most up-to-date coverage and advice to manage risk.
  • Our focus on delivering the best Tenant experience possible has created loyalty, helping us consistently provide Landlords with above-market outcomes.
  • Mosaic’s unique business model also includes a dedicated team of building management specialists. This intricate understanding means we can assist in achieving Body Corporate outcomes that are in our Landlords’ best interests.

It can be very tricky balancing the needs of Landlords with Tenants, especially in times like these. Our demonstrable ability to do this effectively is realising some outstanding results, which are going a long way towards helping our Landlords manage the financial impact of interest rate rises.

Make the switch to Mosaic Property Management

We always aim to exceed our customers’ expectations and pride ourselves on consistently delivering results, as our track record proves.

If you don’t feel you are getting the most from your property manager or unlocking the true potential of your investment journey, switch to us and be rewarded.