Below are our expert-recommended tips for investors considering—or already offering—a furnished rental. Leasing a furnished property successfully requires careful planning, quality presentation and an understanding of renter expectations.
1. Keep Furnishings Neutral, Practical and High Quality
Select durable, modern and neutral pieces that appeal to most renters and withstand regular use. Avoid overly personal décor—simplicity is key.
Tip: Mid-range quality tends to provide the best return: long-lasting, but not overly expensive to replace.
2. Ensure All Furnishings Meet Safety Standards
Electrical items must comply with safety regulations, and furniture should be stable, safe and in good working order. This protects both your renters and your investment.
3. Include Only What’s Necessary
Furnished does not mean cluttered. A well-equipped property should include the essentials without overwhelming renters.
A typical furnished property includes:
- Bed frames & mattresses
- Lounge suite
- Dining table & chairs
- TV & essential appliances
- Basic kitchen items
- Laundry appliances
- Outdoor furniture (if applicable)
Optional extras like artwork, small décor items or soft furnishings can enhance appeal but should be kept minimal.
4. Invest in Professional Photography
Great presentation begins with high-quality imagery. Furnished properties often lease faster when photographed professionally and styled correctly.
5. Offer Flexible Lease Terms (Where Appropriate)
Your furnished property may achieve higher rent and occupancy if you consider:
- 3–6 month leases
- Rent adjustments for shorter stays
- Renewal options based on renter needs
We tailor this approach to suit your goals and the property’s location.
6. Keep an Updated Inventory List
A comprehensive, itemised inventory list—complete with photos—makes expectations clear and protects you at the end of the tenancy.
At Living Melbourne, we manage this process for you, ensuring accuracy and compliance.
7. Consider Pet-Friendly Options
More renters are travelling or relocating with pets. A pet-friendly furnished home can significantly broaden your applicant pool and reduce vacancy time.
8. Understand the Wear-and-Tear Factor
Furnishings naturally experience more wear in a furnished tenancy. We guide investors on selecting durable pieces and planning for periodic replacements to maintain appeal without overspending.
Why Living Melbourne Is the Trusted Choice
Leasing a furnished property requires hands-on management, proactive communication and a genuine commitment to presentation and care—qualities our boutique team is known for.
At Living Melbourne, we:
- Know the local market intimately
- Prioritise quality renter selection
- Protect your investment through rigorous documentation
- Provide personalised support and transparent communication
- Value strong relationships with our investors above all else
Our passion for delivering a trustworthy, high-quality experience is what sets us apart—and why furnished property investors continue to choose Living Melbourne. Contact us at enquiries@livingmelbourne.com.au
