Posts Tagged ‘Rental market Sydney’

We’re getting results in toughest leasing market in years

We’re thrilled to report continued strong leasing results despite facing the toughest market conditions in years. In the first two weeks of May, the Hart Estate Agents team leased 13 properties, just down on our average of 15. This is an outstanding result given the environment in which we’re operating.

To put it in context, the average days on market for a rental property right now is 34; increasing to a … Read the full post »

Property management news

The rental market in 2018 has been mixed but predominantly weak. This is partly due to the larger than usual number of newly completed apartments entering the eastern suburbs rental market (a factor that is likely to continue for some time). It is important to recognise and account for this state of affairs when making decisions regarding rental properties.

July was our biggest leasing month of 2018. We rented 20 properties, … Read the full post »

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 »