Urban Real Estate’s continued focus on growth corridors in New South Wales and ‘Paddock to PM’ vision has helped the business reach the $1.3 billion milestone for properties under management.

Marking its 21st year in business and 15 offices spanning Sydney’s North West and South West as well as Hunter Valley, the company now manages over 1700 properties with a team of 25.

Thuong Chamberlain, Head of Property Management for Urban Real Estate comments, “Urban Real Estate’s ‘Paddock to PM’ vision is attributed to its phenomenal success story. For many clients, the business sold the land to them, managed the build process and now oversees the asset. 

“Clients trust the brand and appoint the company for the entire property journey. Tailor made services, streamlined processes, a strong leadership team and senior staff have fueled the growing property portfolio.”

“Accessibility and availability, managers that know the local market, a strong understanding of what’s required to protect assets, honesty and visibility is what clients are seeking.  In recent months, we have witnessed a rise in the number of people using self-managed super funds to purchase investment properties as well as the intergenerational wealth change starting,” said Thuong.

“A new landlord demographic is emerging. There is a shift towards more millennial landlords as they inherit properties. The business has introduced new technology such as sms, live chat and whatsapp to adapt to demographic changes. The team is constantly implementing strategies to maximise value for properties which is crucial to protect landlords’ assets.”

This calendar year for properties that are applicable for rent increases, Urban Real Estate has witnessed an 8 percent increase across its property management portfolio. 

Over 45 percent of Urban Real Estate’s properties are located in the Sydney’s growth corridors with an average property value of $800,000. Companies have appointed Urban Real Estate to manage asset portfolios in excess of 20 properties.

Urban Real Estate is a full-service agency offering a single point of contact throughout the entire property journey, dedicated experienced property management team, database tenant match system, 24/7 online portal, project marketing approach and results – a proven track record achieving higher rental returns and lower vacancy rates.

For further information visit www.urbanrealestate.com.au

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