Powered by MOMENTUM MEDIA
SUBSCRIBE TO OUR NEWSLETTER SIGN UP
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

NSW rental shortage offers strong investment opportunities

Staff Reporter 1 minute read

Though a grim prospect for renters, tight vacancy rates in New South Wales spell strong opportunities for investors, according to the Real Estate Institute of New South Wales.

Residential vacancy rates in Sydney continue to hover around one per cent, statistics from the institute revealed last week.

Regional areas have also registered extremely tight vacancy rates, with Wollongong the tightest at 1.3 per cent.

The Northern Rivers, South Eastern New South Wales and Newcastle are all also firmly stretched for supply with vacancy rates of 1.7, 2.0 and 1.8 per cent respectively.

Published: 21-07-08

NSW rental shortage offers strong investment opportunities
default
TheAdviser logo

If you’re feeling overworked and overwhelmed in this fast-paced mortgage market, it’s time to make some changes, and the Business Accelerator Program can help! Early bird tickets are on sale now. Work smarter, not harder, this year.

default

 

more from the adviser
Michael Russell MoneyQuest Brokerage head calls out ‘unacceptable’ turnaround delays

It is “unacceptable” that turnaround times in branches can be...

gentlmen handshake Ex-Time Home Loans director partners with AFG

The aggregator has partnered with former Time Home Loans director...

farmer ta 34% of farmers eyeing raised business investment

Roughly one-third of Australian farmers expect to increase their ...