Determining rental vacancy rates by suburb

Discussion in 'The Buying & Selling Process' started by Lenny, 21st Jun, 2015.

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  1. Lenny

    Lenny Well-Known Member

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    Hi,

    As the title suggests I'm just wondering how others determine rental vacancy rates by suburb please.

    Historical data would be helpful too.

    Tia,
    Lenny
     
    Lenny, 21st Jun, 2015
    #1
  2. bob shovel

    bob shovel Well-Known Member

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    yip website provides for free basic info
     
    bob shovel, 21st Jun, 2015
    #2
  3. Coota9

    Coota9 Well-Known Member

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    SQM
    Property magazines
    Ring 3/4 Property Manager's in the area
     
    Coota9, 21st Jun, 2015
    #3
  4. Lenny

    Lenny Well-Known Member

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    Thanks Bob/Coota.

    Just after posting this I found Kinnon's Useful Sites post under Information Resources, eg:
    http://www.sqmresearch.com.au/terms_vacancy.php

    Apart from ringing agents are there any resources available that show you a break down. For example 1% vacancy for 3/2/1 properties in a suburb vs 3% vacancy for a 2/2/1...?
     
    Lenny, 21st Jun, 2015
    #4
  5. Jamie Moore

    Jamie Moore MORTGAGE BROKER - AUSTRALIA WIDE Business Member

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    I've never seen it broken down into that level - I think unit's/houses will be as good as it gets. However - I'm sure local PMs' would give you an idea of the type of properties that are getting snapped up within the particular area you're looking in.

    Cheers

    Jamie
     
    Jamie Moore, 21st Jun, 2015
    #5
  6. Lenny

    Lenny Well-Known Member

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    Thanks Jamie.
     
    Lenny, 21st Jun, 2015
    #6