When you purchase a rental in Adelaide, you have two main options ahead of you for managing the property. You can go it alone and find tenants and manage the home yourself, or you can seek out the services of a property manager, who can take care of everything for you.
One of the benefits of engaging a property manager is having much more time on your hands to pursue other interests and hobbies – or perhaps conduct some volunteer work, as it appears many South Australians are currently doing.
Volunteers minister for South Australia Zoe Bettison has spoken about the release of the Volunteering in South Australia survey, which has indicated that statewide there are about 900,000 volunteers every year.
"These efforts contribute to an estimated 1.7 million volunteer hours per week," Ms Bettison said in the 17 November release.
With Australian Bureau of Statistics data from March this year showing there are nearly 1.7 million people living in South Australia, this means more than half of the state is involved in volunteer work at some point.
Breaking down the results of the survey, the age group found volunteering with the highest regularity is the 35-53 demographic, and most people tend to give their time to welfare or community organisations. More people do this activity in regional areas with 61 per cent of rural respondents involved compared to 44 per cent of metropolitan people surveyed.
With this strong volunteering force available in the state, it could mean that more and more people are finding free time to help the community. In the case of investors, this could suggest the use of agents and property managers in the home ownership process.
To find out more about owning real estate in Adelaide and how the work can be taken off your hands, contact a local real estate agent.