Building wealth through property has long been the Australian dream. Our unique market presents enormous opportunity for those seeking an investment that is as safe as houses.
But an investment property purchase is bound to bring home a few universal truths. Whether you’re new to the journey or the owner of an expansive portfolio, a realisation eventually comes of the administrative workload that could come from managing your property alone.
While running things alone is certainly possible, many investors choose to employ a professional property manager who will smooth out the process. As registered professionals, property managers work as rental intermediaries between property owners and their tenants.
For anyone looking for a professional to assist with their Wagga property, we’ve compiled a list of the very best property managers the region has to offer.
What makes a great property manager?
Great property managers take the reins when it comes to the daily running of an investment. They are sound market experts who work efficiently to maximise outcomes for investors. The following considerations may be helpful when evaluating potential property managers for your portfolio:
- Clear credentials. Great property managers let their qualifications and experience speak for themselves. As a minimum, ensure prospective property managers are registered and have completed a Certificate IV in Real Estate Practice. While a real estate licence is not required for external property managers, it is certainly preferred.
- Local market knowledge. In the real estate industry, a sound knowledge of the local region is critical. From attracting tenants to setting a fair rate, property managers with grassroots expertise offer investors a time-yield advantage. A great property manager will also insight into transport links, retail centres, community amenities and schools, and have connections to local trades for easy maintenance.
- Responsive. When it comes to day-to-day property management, the best agents are always ready to go. They take calls and respond to emails in a timely manner, and organise a quick, quality fix when urgent issues arise. Be sure to ask about your shortlisted managers’ service-level agreement and understand what best practice means for them.
- Inclusive services. As with any real estate industry service, inclusions vary from agency to agency. While evaluating potential managers, be sure to understand the full scope of their offering and whether some services have additional costs attached.
- Effective communication. While it may sound simple, there is much to be said for a property management team that communicates effectively. Clear, comprehensive and timely communication is essential for both tenants and owners of a property.
The best property managers in Wagga
Region Riverina has combed through online reviews and comments to compile a list of the most recommended businesses according to you.
To be listed in our Best of Wagga series, each business needs to have consistently received positive feedback on Region Riverina and Facebook as well as maintained a minimum average of 4/5 stars on Google.
John Mooney Real Estate
Locally owned and operated, John Mooney Real Estate is an independent agency that has been in business for more than 25 years.
This highly skilled team has more than a century of collective experience and staff make it their mission to build relationships that last a lifetime, offering expert property management services to clients from all walks of life.
In an industry that gets a bit of a bad rep, John Mooney Real Estate is built on a foundation of sincerity. All costs are transparent and upfront, with no hidden fees or charges, and the team is proud of their consistently competitive rates. They have built a solid reputation in Wagga and its surrounds as an expert hand across the entire property sector.
Director and licensee in charge Jacinta Kelly has been with John Mooney Real Estate since 1999.
Beginning her journey with the company as a receptionist, she has witnessed Wagga grow from rural town to thriving regional centre and John Mooney Real Estate thrive alongside the community. Jacinta and her team are incredibly proud to call themselves locals.
The firm's property management team consistently beats industry benchmarks in vacancy rates, arrears, expired leases and maintenance time frames. They skillfully handle all aspects of property management for landlords and tenants from start to finish.
"Excellent! Jason was extremely professional, easy to deal with and knowledgeable. He and his team did a great job personalizing their service to meet our needs," Jared Koetz says in a glowing online review.
Fitzpatricks Real Estate
Established in 1950, Fitzpatricks Real Estate embrace expertise, professionalism, and integrity. Aiming to provide exceptional service to the people of Wagga, they have built a glowing reputation over decades of hard work and client dedication.
As a core offering, their property management services are some of the sharpest in the region. With a dedicated investment consultant and an extensive management team, they pride themselves on delivering optimum performance for clients.
As Tamara Telley shared on Google, “Fitzpatricks have managed our rental property since 2014 and we have always had a great experience. Our property managers are extremely professional, excellent communicators and our property has been managed brilliantly. Recommend highly to any investors.”
PRD Wagga
Agency powerhouse, PRD Wagga are an award-winning real estate servicing the property needs of Wagga residents for over a quarter of a century. Their team have built a stellar reputation for service excellence in the delivery of property and strata management, residential and commercial sales, development, and project management.
For investors, their personalised and professional approach is backed by a stringent service level commitment for the entire management process.
David Van Styn shared this stellar feedback on Google, “From finding a rental to signing. PRD really help their customers. Simone and Luke are both incredible property managers with great communication skills.”
Professionals Wagga
As proud members of the local community for over twenty years, Professionals Real Estate Wagga have cultivated a reputation for excellence when it comes to property. Offering specialist residential sales and property management services, this award-winning team focus on delivering the highest level of service and support for owners and tenants alike.
With a team of experienced property managers, they focus on maximising investment returns whilst ensuring each asset is managed and maintained accordingly. For property management services, Professionals Wagga are a great choice.
Merryl King shared this on Google, “Professionals have managed our property for over 10 years. They've been effective property managers, friendly, reliable, and responsive…. Happy to recommend the Professionals team.”
Ray White Wagga
As foundation regional members, Ray White Wagga has been an integral component of the local property market for over thirty years. With a focus on communication, transparency, and honesty, they strive to achieve the best possible results for vendors, purchasers, landlords, and tenants.
Property management is near and dear and taken seriously by the agency. With the owners directly responsible for daily property management, they provide added peace of mind for owners.
Anna Foxwell had this to say on Google, “My partner and I leased our first unit…. and the team at Ray White were absolutely fabulous! In particular, our property manager Debbie Grentell was nothing short of amazing and accommodated to all of our needs as well as being incredibly professional, thorough and is genuinely such a warm, lovely person!”
If you’re looking for more information on local real estate, check out our articles on the best real estate agents, commercial real estate agents and removalists Wagga has to offer.
Your experience with property managers in Wagga
Thanks to our commenters who have provided insightful feedback. If you believe we have got it wrong, please let us know.
Have you had experience with any of the Wagga property managers listed above? If so, share your feedback in the comments below.
Frequently Asked Questions
What does a property manager do?
As its title implies, a property manager manages properties on behalf of owners and investors. Duties include marketing property to find quality tenants, interviewing prospective residents, collecting rent, overseeing maintenance and repairs, and responding to tenant concerns.
Why should I hire a property manager?
Renting out a property is a very involved process and it’s essential to do so in line with legal requirements. It can therefore be complex for those who aren’t an expert in the area. Hiring a qualified and experienced property manager can save you time, money and stress, letting you rest easy knowing your responsibilities are being taken care of.
Does a property manager control my investment property?
They manage your property but don’t control your investment. You are the property manager’s client.
Does a property manager work for the tenants?
Your property manager works for you to manage your property. Having said that, they must make sure that tenant concerns are dealt with under the law.
How do I choose the best property manager?
You’ll want to choose a property manager based on many factors. This includes their qualifications and experience, and the reputation of the agency they work under. It’s best to select a property manager who has strong communication skills and will keep you well informed. Also be sure to check out client testimonials and references.