Rental Market Update - May Review

Thank you for watching this months rental market update.

MAY 2019 STATS:

– VACANCY RATE 2.85%
– 312 TENANT ENQUIRIES
– 69 OPEN HOUSE INSPECTIONS
– 169 ATTENDEES
– 68 APPLICATIONS RECEIVED
– 14 PROPERTIES LEASED
– AVERAGE DAYS ON MARKET: 24.5
– $377PW AVERAGE RENT ACHIEVED

LOWEST RENT ACHIEVED: $130 PW FOR A BEDROOM IN A SHARED ACCOMODATION PROPERTY IN KINGSBURY
(Room3, 96 Dunne St, Kingsbury)

HIGHEST RENT ACHIEVED: $500PW 5 BEDROOM HOME IN MILL PARK
(9 Hawkes Drive, Mill Park)