In property management, finding good tenants isn’t by chance, it needs a strategic plan, careful preparation, and a lot of knowledge.
Our extensive experience in residential leasing around Zetland, Alexandria, Mascot, and Botany, knows that choosing the right tenant greatly affects both how well the property does and the landlord’s peace of mind.
So, what does the full selection process look like when it’s done right?
Step 1: Present the Property Well
A well-maintained, clean property attracts more interest, and the right kind of interest. It tells prospective tenants that the landlord cares, and that expectations around care and cleanliness go both ways.
We focus on presenting homes with high-quality photos, clear property descriptions, and thoughtful details like inspection times, move-in availability, and pet policies. This matters more than most people think. It helps filter out mismatched applicants before they even apply.
Step 2: Market Where It Counts
While listings on Realestate.com.au and Domain are essential, we also lean on our internal database and team relationships. Many of our best tenants are found through existing contacts and repeat leases, not just from online clicks.
As InfoChoice explains, “When listing your property for rent, you’ll want to include clear photos, a full description, inspection dates, and transparent information about lease terms, inclusions, and expectations.” And that’s exactly what we do, every time.
Step 3: Assess Financial Stability
Once applications start rolling in, we focus first on financials.
We verify income, review employment stability, and assess whether the applicant’s income comfortably supports the rent. We look at pay slips, bank statements, and where appropriate, contact employers directly to confirm details.
This step ensures consistent and timely rent payments.
Step 4: Check Rental History and References
There’s no substitute for a strong rental record.
We contacted previous property managers to ask how the applicant maintained the property, how they communicated, and whether rent was paid on time. We also review rental ledgers and reference letters to build a clear picture.
As InfoChoice points out, “A tenant’s past rental history and references offer valuable insights into their reliability and behaviour as renters.”
A solid history speaks volumes. And if a tenant is new to renting, we look at their overall profile; job stability, presentation at inspections, and, where needed, a guarantor.
Step 5: Consider Compatibility
The ideal tenant for your property is financially responsible and a good fit. A professional couple might suit a one-bedroom apartment in Alexandria. A young family may be ideal for a three-bedroom home in Pagewood.
We also factor in lifestyle, occupancy limits, and preferences around pets and smoking, ensuring all state and strata regulations are respected.
Step 6: Think Long-Term
Ideally, you want tenants who’ll stay beyond one lease term. We always ask applicants about their plans, whether they’re relocating for work, studying nearby, or looking to settle long-term. A tenant who’s likely to renew means fewer vacancy gaps and reduced advertising costs.
Step 7: Read Between the Lines
Not everything is on paper.
We pay close attention to how tenants communicate during the process. Are they organised? Responsive? Respectful? These soft signals often say as much as the formal documents.
Need Help with Tenanting?
Finding the right tenant is never about picking the first person who applies. It’s about protecting your property, reducing your risk, and creating a rental relationship that benefits both parties.
Our process is detailed for a reason, because when you get it right at the beginning, everything else runs smoother.Are you struggling with tenant relations or managing your rental property? Our team is ready to assist. Contact us at MyPlace Estate Agents today, and experience property management built on trust.