Rental Market Update June 2018
View the Rental Market Update for June 2018 for the Northern Suburbs of Melbourne:
• VACANCY RATE 3.7%
• 813 TENANT ENQUIRIES
• 79 OPEN HOUSE INSPECTIONS – 414 ATTENDEES
• 181 APPLICATIONS RECEIVED
• 19 PROPERTIES LEASED
• AVERAGE DAYS ON MARKET: 19.5
• $375PW AVERAGE RENT ACHIEVED
• LOWEST RENT ACHIEVED: $330PW
2 BEDROOM HOUSE IN MILL PARK
(2 Bradley Drive, Mill Park)
• HIGHEST RENT ACHIEVED: $450PW
3 BEDROOM + STUDY, MULTI LIVING HOUSE IN SOUTH MORANG
(5 Panton Gap Drive, South Morang)
• This month, we’re doing home loan health check at Ristic – with so much change in the finance industry of late, it might be worthwhile checking your current interest rate and what could save you money. In collaboration with Mortgage Choice and exclusive to Ristic clients, they are offering a free health check and a $500 Coles/Myer Gift Voucher if they cannot beat your current interest rate. If this is something that might interest you, please contact your property manager.
