Newtown

Top Rated Property Manager

Newtown Property Manager

Chris Dimitropoulos is the highest rated property manager in Newtown and the Inner West region. With an extensive two decades of experience in investing and real estate management, Chris decided to establish NextGen – an agency dedicated to providing specialised property management services based in Sydney.

With a degree and an MBA from the University of Technology, Chris is also a licensed Real Estate Agent in NSW with extensive knowledge of the industry as well as Newtown. His intimate understanding of the local market, acquired through personal residency in the area for many years, sets him apart as one of the best property managers in Newtown. Chris takes immense pride in delivering a superior level of care and leveraging his vast local knowledge to ensure exceptional outcomes for property owners.

You can contact Chris now by sending him an email on chris@nextgenpm.com.au or calling on 0414494840.

Chris Dimitropoulos

Highest Rated Property Manager Inner West

Rental Market

Newtown, a typical suburb of the Inner West region, showcases a diverse mix of residential, commercial, and light industrial properties, ranging from low to high density. This suburb is popular with renters due to its close proximity to the bustling Sydney CBD and its excellent transportation system, which appeals to both white-collar professionals and small business owners. Coupled with many attractions and lifestyle offerings the Inner West has to offer, Newtown has emerged as a thriving hotspot for renters over its close neighbours.

The rental prices in Newtown vary based on factors such as property type, size, and location, providing a range of options to suit different budgets and preferences. At any given time, the rental market boasts a significant inventory of approximately 150 advertised residential properties. Prospective tenants have a mixture of properties to choose from including period single-front or duplex houses without dedicated parking spaces, as well as apartments spanning from classic 1970s red brick designs to more recent and modern developments.

Rental prices for a typical 1 bedroom apartment in Newtown range from $500 to $700 per week and 2 bedroom apartments advertise for around $700 to $950 per week. Newtown also boasts a number of rental houses, varying in condition and age, with rental prices ranging from around $750 per week and upwards of $1000 per week.

Newtown by the numbers (2021 ABS Census)

  • Population: 14,690
  • Males: 51.0%
  • Females: 49.0%
  • Median age: 34
  • Number of Families: 3,255
  • All private dwellings: 7,691
  • Average people per household: 2.1
  • Median weekly household income: $2,330
  • Median monthly mortgage repayments: $3,000
  • Median weekly rent: $550
  • Average motor vehicles per dwelling: 0.9
  • Walk Score: 95 – Walker’s Paradise

Why NextGen as your Newtown Property Manager?

NextGen Property Mgmt (nextgenpm.com.au) is a Real Estate Agency that specialises in property management. Our team comprises many exceptional real estate agents who are dedicated to delivering unparalleled service, making us the best choice for property management in Sydney.  What sets us apart is that we are landlords ourselves! Inner West and Newtown in particular are our playground, and we have had a strong presence in the suburb since our inception as a real estate agency.

Today we have a large number of rental properties under management in the area and are always looking to add more as we just love the suburb. Our property manager Chris, lived in the area for years and understands the demographic extremely well. This is what he had to say when asked about the Rental Market in Newtown.

“I lived in Inner West as a tenant for a number of years, and very quickly fell in love with it. I love the lifestyle and fantastic transport system of Newtown. When combining the “hip” atmosphere of Newtown’s creative scene and access to the train line as well as numerous route buses, Newtown is quite unique! It’s hard to miss the large array of clubs, pubs and restaurants, as well as the famous Enmore Theatre! With all of these unique attractions, this means that rarely properties stay vacant at Newtown for longer than 4 weeks!”

If you have any questions about the rental market, or would like a second opinion on your rental property, please let us know and our local property manager will be able to meet with you and discuss. Our advice to landlords looking for a property manager to manage their property, is to look for someone that has the capacity and headspace to care for their property, their tenant, and them as a customer. Our local dedicated property manager can certainly do that.

If you want to learn more about us just click here to organise a time for a chat, or call us on 0414 494 840. We would love to hear from you and to share our story.

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