Rental Market Update - October Review

OCTOBER 2020 STATS:

• VACANCY RATE 3.50%
• 527 TENANT ENQUIRIES
• 275 APPLICATIONS RECEIVED
• 15 PROPERTIES LEASED
• AVERAGE DAYS ON MARKET: 36
• $373PW AVERAGE RENT ACHIEVED
• LOWEST RENT ACHIEVED: $130pw
  A BEDROOM IN A SHARE HOUSE IN KINGSBURY
  (ROOM 3, 93 DUNNE ST, KINGSBURY)
• HIGHEST RENT ACHIEVED: $585PW
  4 BEDROOM HOME, with A POOL IN VIEWBANK
  (18 WILLA AVE, VIEWBANK)

• OUR OFFICE IS STILL CLOSED
• 10 PEOPLE ARE ALLOWED AT PRIVATE INSPECTIONS
• ALL MAINTENANCE IS NOW PERMITTED
• WEATHER HAS WARMED UP – CONTACT YOUR PM TO DISCUSS OUR PLUMBER’S SUMMER SPECIALS REGARDING AIRCON SERVICING AND SUPPLY & INSTALL

THANK YOU FOR WATCHING OUR RENTAL MONTHLY MARKET UPDATE, SEE YOU NEXT TIME