The vacancy rate average across Regional Victoria has remained unchanged in November at 2.3 %. Bendigo specifically, had a vacancy rate of 2.4%, down from 2.6% in October. Source: REIV
Observation: Tenant enquiry appears steady and property should be leasing well, providing rental amounts are set at prices reflective to the current market supply and demand and your inspections and applications are being attending to promptly.
If you have a property that you’re finding difficult to lease, more often than not, there are usually a few key areas that need to be addressed. Call if you’d like us to lend an ear and provide you with a solution.
Need help finding a Tenant? Call Step Up Property.
Need help finding a Landlord & Property? Call Step Up Property.