Rental Market Update - October 2018
Thank you for watching Octobers Rental Market Update
OCTOBER STATS:
- VACANCY RATE 4.20%
- 754 TENANT ENQUIRIES
- 99OPEN HOUSE INSPECTIONS – 367 ATTENDEES
- 166APPLICATIONS RECEIVED
- 20 PROPERTIES LEASED
- AVERAGE DAYS ON MARKET: 24.6
- $465PWAVERAGE RENT ACHIEVED
- LOWEST RENT ACHIEVED: $310pw
1 BEDROOM UNIT IN THOMASTOWN
(2/33 Currajong Street, Thomastown) - HIGHEST RENT ACHIEVED: $570PW
3 BEDROOM CALIFORNIA BUNGALOW BUILD IN IVANHOE
(1/116 Ford Street, Ivanhoe)
Thank you for watching our Monthly Rental Market Update, see you next time!