After bedrooms, living areas and bathrooms the next most important factor in achieving high weekly rental income is presentation. While un-renovated properties provide owners with an opportunity to value add and also maximise capital growth, they do not rent well. The more recently a property has been renovated or built, the higher the weekly rent return will be and you will be able to rent your property fast.
Modern kitchens and bathrooms are the most important factors in presentation. A tidy low maintenance yard for houses and clean common areas for units and town houses are essential. Ironically a tidy, well kept, extensive garden helps rent a property but often during the tenancy it falls into disrepair increasing time on market next time the property becomes vacant.
Interior paint scheme is important. If you are considering painting a property, never use bright colours, such as reds, blues and greens. Light earthy colours such as whites and off whites appeal to the most people. Avoid renovating to a theme murals or paintings of scenery on walls.