Top-Rated Petersham Property Manager

Property Management Agency Servicing Petersham

Welcome to NextGen Property Management. If you are looking for the best local real estate agency to look after your investment in the Petersham area, you have come to the right place.

Meet Chris Dimitropoulos and His Team

This is the NextGen Property Management Team!Led by the highly experienced Chris Dimitropoulos, our team is renowned for its expertise and success in managing properties in Petersham. Chris and his team have an extensive portfolio of properties under management and possess in-depth local knowledge, ensuring that both landlords and tenants receive exceptional service. For more details about our team, click here.

Contact Chris today via email at chris@nextgenpm.com.au, or by calling on (02) 9199 9651 or by clicking here to complete our contact form.

Why Choose NextGen Property Management?

  • Top-Rated Service: NextGen Property Management is consistently rated as the top property management agency in Petersham, thanks to our commitment to excellence and customer satisfaction.
  • Experienced Team: With years of experience, Chris Dimitropoulos and his team have a proven track record of success in managing properties and providing top-notch service.
  • Local Knowledge: Our deep understanding of the Petersham rental market allows us to offer insightful advice and effective management strategies.

Petersham Rental Market

Petersham is a vibrant suburb located in the inner-west of Sydney, known for its rich history, heritage buildings, and lively community. Renowned for its excellent transport links and proximity to the city, this sought-after suburb attracts a diverse range of renters, including professionals and families. Coupled with the many attractions and lifestyle the inner-west has to offer, Petersham has always been a desirable location for renters.

Petersham’s rental prices vary based on property type, size, and location. With a substantial inventory of over 150 advertised rental residential properties available at any given time, prospective tenants can explore a diverse range of options. They consist of a mixture of heritage homes and modern apartments.

Petersham Rental Prices

  • 1 Bedroom Apartment: $500 – $700 per week
  • 2 Bedroom Apartment: $700 – $900 per week
  • 3 Bedroom House: $900 – $1,500 per week

Petersham also boasts a number of rental houses available for rent, varying in condition and age, with rental prices ranging around $900 per week and upwards of $1,500 per week.

Petersham Rental Market Statistics

Current Rental Market Trends

The Petersham rental market is experiencing dynamic changes, reflecting broader trends seen across Sydney’s rental landscape. As a property management agency deeply embedded in this community, we’ve observed several key trends that may impact both tenants and landlords:

Image depicting coffee shops at Peteresham

Petersham Shops

Petersham Rental Prices

  • Houses: The median weekly rent for houses in Petersham is approximately $950 per week.
  • Units: The median weekly rent for units in Petersham is around $750 per week.

These prices reflect the demand for rental properties in this vibrant suburb, known for its convenient location and amenities.

Petersham Vacancy Rates

  • Current Vacancy Rate: The vacancy rate in Petersham is around 2.2%, consistent with the broader Sydney market, indicating high demand for rental properties.

Petersham Demand and Supply Dynamics

  • High Demand: There is a steady demand for rental properties, particularly from young professionals and families. Proximity to public transport, schools, and parks makes Petersham a desirable location.

Stabilising Rents

Rental prices have been on the rise due to high demand and limited supply of new dwellings but lately the started to stabilise. This trend is expected to continue for the foreseeable future.

Petersham Detailed Statistics and Sources

  • NSW Department of Communities and Justice Rental Bond Data: Provides comprehensive data on rental bond lodgements and refunds, which can be a useful indicator of rental market trends. NSW Rental Bond Data.
  • Domain Rental Report: Offers in-depth analysis and data on rental trends across Sydney, including Petersham. Domain Rental Report.
  • CoreLogic Market Trends: Provides detailed market analysis and property data, helping to understand the broader trends affecting the Petersham rental market. CoreLogic Market Trends.
  • SQM Research: Delivers detailed statistics on rental prices and vacancy rates, highlighting the competitive nature of the Sydney rental market. SQM Research.
  • Realestate.com.au Petersham Data Insights: Advertising engine that provides suburb rental market updates Petersham Rental Market Update.

Petersham by the Numbers (2021 ABS Census)

  • People 8,200
    • Male 49.2%
    • Female 50.8%
    • Median age 36
  • Families 1,946
    • Average number of children per family
      • for families with children 1.6
      • for all households (a) 0.5
  • All private dwellings 4,019
    • Average number of people per household 2.2
    • Median weekly household income $2,217
    • Median monthly mortgage repayments $2,900
    • Median weekly rent (b) $450
    • Average number of motor vehicles per dwelling 1.1

Walk Score

From WalkScore.com: “Petersham is the 37th most walkable neighbourhood in Sydney with 7,521 residents. Nearby neighbourhoods: Lewisham, Stanmore, Leichhardt, Marrickville, Enmore, Summer Hill and Dulwich Hill.

Most errands can be accomplished on foot in Petersham Sydney. Petersham is the 37th most walkable neighbourhood in Sydney with a Walk Score of 87.”

Walk Score details for Petersham

Why NextGen as your Petersham Property Manager?

NextGen Property Management is a real estate agency that specialises in property management. Our agency employs fantastic real estate agents, and we pride ourselves on being the best property managers in Sydney. Our differentiator is that we are landlords ourselves! Petersham and the inner-west, in particular, is 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 demographic. Our property manager Chris, lived in the area for years and owns rental properties of his own there on Addison Road and New Canterbury Road. This is what he had to say when asked about the Rental Market in Petersham:

“Petersham is one of those hidden gems in Sydney’s inner-west that offers a unique blend of historic charm and modern convenience. The suburb’s close-knit community, excellent schools, and fantastic dining options make it a wonderful place to live. Its strategic location with easy access to the CBD and other parts of Sydney makes it highly appealing to renters and investors. I believe Petersham has great potential for long-term growth and stability in the real estate market.”

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 (02) 9199 9651. We would love to hear from you and to share our story.

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