Hashtag
Men's Weekly

Sydney rental availability increases : REINSW



The Sydney residential marketing is favouring renters with availability on the rise across all metropolitan areas, according to research from the Real Estate Institute of New South Wales.


REINSW President Leanne Pilkington said the December 2018 REINSW Vacancy Rate Survey saw metropolitan Sydney vacancy rates up 0.2 percentage points to 3.2 per cent. 


“The rise was driven by Middle Sydney which jumped 1.6 per percentage points to 5.1 per cent and Inner Sydney which rose 0.5 percentage points to 3.0 per cent. Outer Sydney increased 0.3 percentage points to 3.3 per cent. 

“Our feedback from agents suggests that the market is being flooded with new units making older units more difficult to rent. 

“As a result agencies are using tactics such as decreasing rent prices and offering free rent periods to secure tenants,” Ms Pilkington said. 

Meanwhile, in Wollongong the vacancy rate remained steady at 2.7 per cent, while other area’s in the Illawarra fell 2.0 percentage points at 1.0 per cent and contributed to an overall decline of 1.2 percentage points at 1.5 per cent. 

In the Hunter, vacancy rates rose 0.3 percentage points to 1.9 per cent with Newcastle up 0.1 percentage points to 1.9 per cent. 


Across regional areas, Albury fell 0.4 percentage points at 2.2 per cent, New England dropped 0.1 percentage points at 1.9 per cent while Central Coast jumped added 0.1 per cent to 2.0 per cent. 

Property News Wanted


Do you have property or real estate related news to share? Prepare at least 425 words and send a pic with it to office@newscompany.com.au

Property

How to Choose the Right Size Concrete Mixer for Your Construction Needs

Hashtag.net.au - avatar Hashtag.net.au

(Source) No matter what type of construction you are undertaking, whether it's a garden patio, driveway repair, or a full-scale construction site, the right tools will make the greatest difference...

Resilient and Adaptive Landscapes: Rethinking Urban Design for A Changing Climate

Hashtag.net.au - avatar Hashtag.net.au

Increasing climate instability requires urban planners and landscape architects to focus their designs on survival instead of solely on beauty or utility. Floods, heatwaves, and long-term droughts h...

Why Pre-Winter Building Inspections Matter in Melbourne

Hashtag.net.au - avatar Hashtag.net.au

Getting a building inspection in Melbourne before winter sets in might not be the first thing on your to-do list—but it should be. Melbourne’s weather is famously unpredictable, and when winter hits...

Exploring the Advantages and Process of High-End Concrete Polishing

Hashtag.net.au - avatar Hashtag.net.au

"Explore the fine details of high-end concrete polishing! Unlock the comprehensive process & witness its transformation. Experience luxury!" High-end concrete polishing is an advanced method us...

Essential Safety Equipment for Roofing Work

Hashtag.net.au - avatar Hashtag.net.au

Roofing is one of the most dangerous trades, with falls being a leading cause of workplace injuries.  Having the right roofing safety equipment is not optional - it’s a necessity.  Whether you're a ...

Why Annual House Inspections are Crucial for Maintaining Property Value

Hashtag.net.au - avatar Hashtag.net.au

A home is one of the most valuable assets you'll ever own, but keeping it in top condition requires ongoing care. What may seem like minor concerns, such as a small leak, a tiny foundation crack or ...

Health & Wellness

Telehealth Could be the Catalyst for Better Heart Health in Australia

Hashtag.net.au - avatar Hashtag.net.au

Image by stockking on Freepik Heart disease is one of the leading causes of death in Australia despite decades of advancements in medicine and health education campaigns. More than 400 Australians ...

Disability Care in Melbourne: What Families Need to Know in 2025

Hashtag.net.au - avatar Hashtag.net.au

If you’re supporting a loved one with a disability in Melbourne, you’ll know how important it is to find the right care—and how overwhelming it can be to navigate the system. With the National Disab...

Online Medical Certificate Services: Essential Features to Look Out For

Hashtag.net.au - avatar Hashtag.net.au

"Discover top online medical certificate services! Essential features to look for to get trusted and efficient results." Choosing high-quality services is essential for ensuring reliable, efficient, ...