Estate Living September 2016 Digital Issue | Page 11

FOR PARENTS AND INVESTORS, HERE ARE
SOME TIPS ON HOW TO SPOT YOUR STUDENT
INVESTMENT:
• Location location location. Students want to be
close to university, transport, food and
entertainment.
• Features – keep them basic. Students want safe,
affordable and clean accommodation.
Student demands are changing. Gone are the
days of just having a place to crash. Students want
fast Wi-Fi, a private bathroom, their own kitchen,
TV and an ability to make their living quarters personal.

•

Developer track record – what has your developer
built before? Check your developer’s portfolio
and track record, and speak to clients from
previous developments that have been completed
to gauge their reputation before you invest in the project.

•

Property management track record – do you need
a property manager? Just as you would check your
developer credentials, so you need to invest with
an expert who will manage your property on your
behalf. Managing student rentals is a specialised skill.

•

Screening tenants – finding and selecting renters
is important. Find out who will be paying the
rent, how many students will be living in the house
or apartment, whether you need insurance, etc.

As the demand for student accommodation increases,
so does the demand, and therein lies a potential investment
opportunity for current and new investors looking to invest
in the growing student living space.

9
STUDENT LIVING

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