News Archive
Sydney property vacancy rates fall to 0.53%
08 March 2010
Historically, February is typically one of the busiest leasing months of the year, however this February we have witnessed a rapid change in market conditions with noticeably fewer vacate notices received from existing tenants, resulting in lower rental stock. When you couple this with the stronger enquiry levels the result is lower vacancy rates. Vacancy Rates for the inner suburbs (provided ... read news item »
Sydney rents to rise by 5 - 7% in 2010
09 February 2010
I am excited to tell you that with 2009 now behind us, we anticipate 2010 to be a more prosperous year for our property investors with rent increases in the vicinity of 5.0% to 7.0% expecting during the year. This equates to $26.00 to $36.00 dollars respectively on the average rent of $521.00/wk across our portfolio. During 2007 and 2008 calendar years we saw the average rent on our port... read news item »
Sydney rental market to tighen over next 12 - 24 months due to population growth & low stock levels
03 October 2009
After what was a sluggish winter rental market, we have started to see some positive movement since mid August with increased demand and shorter supply of residential rental stock. This was not entirely unexpected; however was the most subdued winter market that we have seen in the last 4 years. Currently we are experiencing vacancy rates of 1.0% to 1.5% as opposed to the 2.0% levels of win... read news item »
Sydney winter vacany rates hit 2 year high at 2%
03 August 2009
We are currently in a soft market despite what has been reported in the media recently. This is typical of the Winter Season, however vacancy rates across our portfolio was 2% as at 30/06/09. Vacancy rates have not been at this level since the end of 2006, so it is certainly higher than the lows of 0.5 to 1% that we were experiencing 12 months ago in mid 2008. In the short term we will... read news item »
0.3%
as at 08/03/10
Free Rental Market Update
How to become a Focus Client
Get Focus to Manage Your Property
