Perth records strongest rental market in six years!
After what feels like an eternity the Perth rental market has taken a turn for the better. With a huge reduction in the number of properties available for lease we are seeing multiple applications and groups of people through the home opens in our agency. With an estimated 6870 properties now available for lease this is a welcomed reduction with vacancy rates sitting at 2.8% down from 7.8%. Not all areas have felt the effects of the shifting market conditions where some suburbs are still experiencing a high number of vacancies. The good news is that in time the expectation is that supply will decrease which will put pressure on rental prices. To find out more click on the link below.