When Is The Best Time To List Your Property For Rent in Newcastle?

An understanding of the rental market's highs and lows is crucial to the success of any buy-to-let investment, whether you're a first-time landlord or looking to expand your portfolio.

You shouldn't have a hard time finding a renter, although certain tenants may be more interested in relocating at various times of the year.

Take a look at these peak and off-peak seasons to determine when it is ideal to rent out your home.

The Best Time To Rent Your Investment Property

From January through March, a steady stream of inquiries from potential tenants

Brand-spanking-new digs to start the year off, right? Utterly!

Tenants looking to start the new year in a new place to live aren't the only ones who should start their search for a new place to live in January or February; our data also shows that landlords looking to invest in property should do so at this time of year so that they can exchange, complete, and market their investment before the spring and summer peak moving seasons.

Tenant inquiries peak in April–June

The period between Good Friday and May Day, which includes most Bank Holidays, is an excellent time to rent out a home.

Tenants don't have to take time off work to relocate if they can take advantage of a three-day weekend. Here is when your early-year investments truly pay off.

Tenant interest is highest in July and August, making those months ideal for renting out a home in Newcastle

Now until the end of the summer is when many families will be on the hunt for a new home, so you should have no trouble finding tenants.

This is because, before the start of the new school year in September, parents want to make sure that their children have had enough time to adjust to their new house and neighbourhood.

The best month to rent a home to students is September

September is the ideal time to rent out a home or apartment to students. Some students will plan their housing well in advance, while others may wait until the last minute.

From October on, rental inquiries decrease but quality of tenants rises

From around the middle of October forward, the number of inquiries begins to decline as the 'low season' approaches. However, the quality of the enquiries seems to rise since they appear to be from more genuinely interested tenants.

SQUAREPEGS HANDYMAN DOES Property Maintenance

Looking to list your investment property for rent here in Newcastle? Squarepegs Handyman is here to help with all the maintenance tasks you need to do to get everything ready for your first tenants.

Contact us here to organise your free quote.

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You’ll find Squarepegs Handyman in and around Newcastle, Lake Macquarie, Maitland, the Hunter and beyond. Contact us to find out if we service your area. 

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