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Identifying the Correct Rent for your Investment Property


Rental Update

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We have seen a surge in the number of units coming onto the rental market over the past few months, an average increase of 33% since the start of August. With the market place still quite competitive, the number of listings is tipped to increase as we head towards the end of the year. However, with the usual increase in tenant inquiry during the high seasonal turnover, it is anticipated the average days on market would reduce. The most competitive price range is the medium bracket of $250.00- $350.00, which equates to 49% of the total rental market.
For more market information, contact our Property investment Consultant Gary Brown