Ever wondered what our property managers do? We sat down with Esther Nilson and asked her a few questions about her portfolio.
How many properties are in your portfolio?
Currently I have 67 properties covering Canning Vale, Thornlie, Como and Bertram.
What are the highlights of your area?
Canning Vale is a modern community with many beautiful natural parks and lakes, with all the required conveniences such as shopping centres, dentists, doctors, restaurants, fitness centres, library and several well-equipped public and private primary schools, as well as a state-of-the art public high school. As such, this suburb is perfect for families and its close proximity to main arterial roads is a huge plus, and continues to make this suburb highly sought after by tenants.
Thornlie follows closely behind, being a slightly older suburb, but it is also great for families, with many of the required conveniences. A 24-hour McDonald’s has just been built at Forest Lakes Shopping Centre, so I am sure this will be well patronised after a big night out at Lakers Tavern!
Bertram is located further south down the freeway and comprises new homes with smaller blocks – a popular choice for FIFO workers – as well as more affordable living for some families. The infrastructure down there is continually expanding, with new shopping centres and other conveniences.
Como is ever popular for its close proximity to the city and vibrant social scene, which suits many professionals and young people.
What is your take on the Perth market at the moment?
It is a surprise to many (tenants included) that the interest rate reductions have not seemed to greatly affect the vacancy rate, which is currently still at 1.8 per cent.
What have you seen when showing homes to potential tenants? Has there been a lot of interest?
I think it may differ depending on the demographic, but Canning Vale and Thornlie are still attracting very large numbers at home opens at present.