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Rental vacancies hit record low

Discussion in 'Real Estate' started by Simon Hampel, 23rd Apr, 2009.

  1. Simon Hampel

    Simon Hampel Co-founder Staff Member

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    Sky News: Rental vacancies hit record low

     
  2. Billv

    Billv Getting there

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    Sydney, NSW
  3. It certainly is still very tight in Inner West Sydney. Anything well priced is being snapped up very quickly.
     
  4. Jacque

    Jacque Team InvestEd

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    Interesting to ask PM's about vacancy rates, as I travel around different parts of Sydney. Regarding the north shore, it seems that anything up to high hundreds is still difficult to find quality property, but at $1000+ per week interest wanes significantly. One agent I spoke to had dropped the asking rent from $1800 to $1200 wk to secure a tenant, after a long period of vacancy (almost 6mths).
     
  5. pestgirl

    pestgirl SMSF novice

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    28th Apr, 2009
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    Windsor nsw
    My view is that to assist - that the govt should look at wiping out stamp duty for investors.