July 15, 2021
The year that was - a look back on 20/21
It was a big year for TOOP+TOOP Property Management.
Over the last 12 months our team:
Met 6,182 tenants at our open homes
Leased 470 properties
Maintained a vacancy rate of 0.7%
Saved our property owners $31,300 through our national award-winning technology
Received 101 five-star customer reviews.
Leased our homes 20% faster than other agencies
And it’s been a big year for the Adelaide rental market as a whole.
“Adelaide experienced positive net migration for the first time in 30 years.” CEO of Property Management, Suzannah Toop, said.
“This is evidence that South Australia is earning a global reputation for its safety, affordability and attractive lifestyle, which is driving demand for housing in our state”
{"type":"Link","id":"4UQ2pRSYjrVExHVas8Si11","numimg":0}{"type":"Link","id":"4Bvlya4ewnJp0wV0bLvzuY","numimg":0}“The investment in defence, aerospace and medical research is playing a big factor in demand as professionals move to back home to Adelaide or relocate for work.”
According to CoreLogic, in the year to June, Adelaide rent values increased 7.2%, which is the strongest annual appreciation in rents since February 2009. Median Adelaide rents are now on par with Melbourne.
To our landlords, we thank you for entrusting us to manage your home. We are excited for the year ahead, and the results we can achieve through providing new and unprecedented levels of service to our customers.
