NRAS Renting Time for Units in Perth

Discussion in 'NRAS & NDIS SDA' started by thokkotu, 16th Nov, 2016.

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  1. thokkotu

    thokkotu Well-Known Member

    Joined:
    6th Jul, 2015
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    Location:
    Brisbane
    hello Team,

    if any of you can give me a idea of how long it takes and the demand for a 2 bed 2 bath 2 carpark unit in or around Leederville / North Perth ? with NRAS

    any input appreciated
     
  2. Vassago

    Vassago Well-Known Member

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    25th Jun, 2015
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    Location:
    Perth
    Going to depend on how much rent you are asking and the time of year you are looking for a tenant.

    Rents have dropped so the market rental could be about the same as the last rental valuation (depending when it was done) so you may need to discount further to make it attractive (if it is advertised at the same price as the current market you will struggle as it is more hassle for tenants to apply for compared to a normal rental).
     
  3. D.T.

    D.T. Specialist Property Manager Business Member

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    Adelaide and Gold Coast
    Had a friend with one in Bassendean that took months. Wish I could have helped him with it!
     
  4. DaveM

    DaveM Well-Known Member

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    Adelaide & Sydney
    Lucky the 10k pa pays the holding cost while vacant then!
     
  5. thokkotu

    thokkotu Well-Known Member

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    Location:
    Brisbane
    Fair enough,
    does it mean lets say in the case below

    188 Loftus Street North Perth WA 6006 - Apartment for Rent #419691078 - realestate.com.au
    if i have a NRAS unit exactly the same listed at say 395 or so a week NRAS it should lease in 4-6 weeks time given perth market ?
     
  6. Raydar

    Raydar Well-Known Member

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    Location:
    Newcastle NSW
    I have one Gosnells (not really North Perth), but only took 1.5 weeks to rent.
     
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