Sydney’s rental market has remained weak in the first quarter of 2019, creating significant leasing challenges. With new units flooding the market, increasingly it is the tenants who have negotiating power, especially in the $500-$900 range. This is not a time when property managers can sit on their hands and wait for the tenants to…
Tag: rental vacancy rate Sydney
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…