Rental Market Update – September Review

SEPTEMBER 2020 STATS:  

•  VACANCY RATE 3.52% 
• 279 TENANT ENQUIRIES 
• 133 APPLICATIONS RECEIVED 
• 6 PROPERTIES LEASED 
• AVERAGE DAYS ON MARKET: 34.7 
• $377PW AVERAGE RENT ACHIEVED
• LOWEST RENT ACHIEVED: $320pw 
  2 BEDROOM UNIT IN RESERVOIR (1/26 CHEDDAR ROAD, RESERVOIR) 
• HIGHEST RENT ACHIEVED: $450PW 
  4 BEDROOM HOME, RENOVATED HOME ON ½ ACRE OF LAND IN WANDONG
  (43 AFFLECK STREET, WANDONG)