latest residential sales market wrap


two properties going under the hammer this weekend


vacancy rates


Fitzpatricks vacancy rate has been consistently lower than the total REINSW average for Riverina. Our current rate for February is 2.24%, 1.26% lower than the regions average.

Vacancy Rate Graph Feb 2015

Constant reviews of properties that are coming up for lease or are currently vacant is essential to securing the right tenant for your property. Key areas that should be monitored are:

  • 1st impressions: ensuring the property is presented to a high standard both internally and externally and ensuing general maintenance items are attended to
  • Advertising: the use of high quality photos and correct display of features & attributes of a home
  • Marketing & timing: all properties should be listed on multiple websites & local newspapers to ensure it reaches a wide range of people all over Australia
  • Current pricing: regular price reviews of similar properties in the area that are available and also have been leased recently to keep in line with the current market trends

Being proactive in today’s market is crucial to ensuring Landlords protect their investments by having minimal vacancy periods throughout the year.