“We are having difficulty keeping up with demand for high-quality houses and would love more properties in the most popular destinations such as Palm Beach, Sydney, the Mornington Peninsula and Byron Bay.”
Mr Ormerod says Luxico is looking for properties with “pools, views, proximity to the beach, beautiful styling and furniture.
“Obviously rental returns can vary enormously and depend entirely on the quality of the property and location but for the right home rents can certainly exceed $2000 a night.”
He says demand for Luxico’s homes has been building with bookings double last year.
“International tourists are having a big impact – 50% of our guests are from overseas.”
Luxico manages 200 high-end homes and apartments in Sydney, Melbourne and Byron Bay.
It offers owners a complete management service with home preparation, cleaning and marketing while its staff personally greet every guest on site.
Home-owners who list with Luxico can make rental returns well above market rates and have the peace of mind knowing that their home is well looked after.