Rental Property Market Update

Here's a comprehensive update on the current rental market trends we are seeing:

More choices for tenants: With an increase in availability, tenants are now having more options to choose from.

Landlords are needing to act swiftly: In this competitive market, when you have interested tenants, moving quickly is essential. We are encouraging landlords to take opportunities to secure reliable tenants for their property.

Rental prices adjusting: To accommodate the market, we're witnessing a slight decline in rental prices, ensuring attractive offers for the right tenants.

Yarrawonga Vacancy: Despite this Yarrawonga's vacancy rate stands at an impressively low 0.5%. Indicating there is still a high demand for rental properties in this sought-after area!

Mul Vacancy: KRE reports a vacancy rate of 1.8% (excluding commercial properties), slightly higher than Yarrawonga.