Posts Tagged ‘Rent Sydney’

Rental market weakens markedly

For months we have been telling you about the tight rental market and very low vacancy rates throughout Sydney. Those looking for a place to rent in Sydney’s prestigious eastern suburbs often faced fierce competition to secure a suitable property. Well presented and well priced properties rented very quickly, often before the first open.

We are facing a very different market today. In a relatively short time frame, the rental market … Read the full post »

Sydney rental vacancy rate hit 12 month low in April

The Sydney residential rental market contracted for a third consecutive month in April, according to REINSW data. Vacancies in the inner suburbs of Sydney (0-10km from CBD) were down 0.1 per cent to 1.6 per cent in April.

However, our experience is that things have softened slightly in May, which is consistent with seasonal trends as winter descends on our beach-side suburbs. As always in the east, well priced and … Read the full post »