Blog

November 12, 2018

Rental Vacancy Rates

According to the REIQ September Rental Vacancy Report released on the 23rd of October 2018, the Rockhampton region has a residential rental vacancy rate of 2.3%, which is generally considered fairly low. However the @ Real Estate Property Management department currently have No Vacancies. Yes that’s right, all of our properties under management are occupied.  We have noticed a significant increase in tenant enquiry as there appears to be more people moving to the Capricorn Coast, as more jobs in the construction, resource and tourism become available and residents are enjoying the fantastic lifestyle that this beachside paradise has to offer.  

 

Combined with the rapidly growing popularity of the unique @ Real Estate Property Management System, focus on personalised service and excellent communication, which includes the conveyance of land lord and tenant online portals and much more. Resulting in an increase in rents, with 7% of @ Real Estate properties under management seeing an increase in rent over the last month.  

 

As such the @ Real Estate Property Management Department is looking for more rental properties. If you’re a land lord looking to maximize your return on investment, call Troy on 0412 819 963 to experience the @ Real Estate Property Management difference.