Rental Market Update - January 2019 Review
JANUARY STATS:
• VACANCY RATE 4.30%
• 561 TENANT ENQUIRIES
• 63 OPEN HOUSE INSPECTIONS – 292 ATTENDEES
• 147 APPLICATIONS RECEIVED
• 15 PROPERTIES LEASED
• AVERAGE DAYS ON MARKET: 25.7
• $405PW AVERAGE RENT ACHIEVED
• LOWEST RENT ACHIEVED: $330pw
2 BEDROOM TOWNHOUSE IN SOUTH MORANG
(11/74 Thomas Street, South Morang)
• HIGHEST RENT ACHIEVED: $550PW
3 BEDROOM HOME WITH A POOL IN VIEWBANK
(18 Willa Avenue, Viewbank)
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