The Leasing Market in May 2021
Once again, over the past month, we have received good interest from prospective renters in our area. Available properties are attracting reasonable numbers of enquiry and with multiple applications received on many properties, we are enjoying plenty of choices.
Winter is traditionally a slower time for the rental market, but this year we don’t see any signs of this occurring at this stage. Do you think we can thank El Nino, or is it El Nina, for this?
Let’s hope this great market continues for a while longer.
Our most popular property this month was a 1 bedroom home located in …. Romaine, attracting 35 enquiries, 9 applications and 2 inspections.
The highest price we achieved for property during May was $470 per week, a fully furnished 4 bedroom home in South Burnie. Unfortunately the tenant had to break the lease. The important thing was our Property Management team did everything to re-let the property as soon as physically possible.