Rental vacancies hit record low

Discussion in 'Property Management' started by Simon Hampel, 23rd Apr, 2009.

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  1. Simon Hampel

    Simon Hampel Founder Staff Member

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    Sky News: Rental vacancies hit record low

     
    Simon Hampel, 23rd Apr, 2009
    #1
  2. BillV

    BillV Well-Known Member

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    BillV, 24th Apr, 2009
    #2
  3. JustRentSydney

    JustRentSydney Guest

    It certainly is still very tight in Inner West Sydney. Anything well priced is being snapped up very quickly.
     
    JustRentSydney, 26th Apr, 2009
    #3
  4. Jacque

    Jacque Jacque Parker Premium Member

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    Interesting to ask PM's about vacancy rates, as I travel around different parts of Sydney. Regarding the north shore, it seems that anything up to high hundreds is still difficult to find quality property, but at $1000+ per week interest wanes significantly. One agent I spoke to had dropped the asking rent from $1800 to $1200 wk to secure a tenant, after a long period of vacancy (almost 6mths).
     
    Jacque, 28th Apr, 2009
    #4
  5. pestgirl

    pestgirl SMSF novice

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    My view is that to assist - that the govt should look at wiping out stamp duty for investors.
     
    pestgirl, 28th Apr, 2009
    #5