Rental Market Snapshot - January 2018
There has been a minor fall in the vacancy rate this January (2.1%) in comparison to December last year (2.2%).
The median rent for houses in metropolitan Melbourne is now $450per week, a $10 per week increase. Meanwhile, the median rent for houses in regional Melbourne has fallen $5, now sitting at $320 per week .
The Smart Property Manager team is still enjoying our 0 days of vacancy streak, meaning that our landlords are enjoying a rent return from day one!
If you're unhappy with how your property is being managed, make the switch to Smart Property Manager today!