Rental Market Update - May Review
MAY STATS
- VACANCY RATE 3.5%
- 771 TENANT ENQUIRIES
- 23 OPEN HOUSE INSPECTIONS – 115 ATTENDEES
- 347 APPLICATIONS RECEIVED
- 21 PROPERTIES LEASED
- AVERAGE DAYS ON MARKET: 32
- $377PW AVERAGE RENT ACHIEVED
- LOWEST RENT ACHIEVED: $330PW – A 3 bedroom unit in WALLAN (16/5 Eden Place, Wallan)
- HIGHEST RENT ACHIEVED: $450PW – A 3 Bedroom home in GREENSBOROUGH (2/56 Alexandra St, Greensborough)
Thank you for watching our monthly market video, we’ll see you next month
