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Any opinions on the best ways to find out the rental vacancy factor in an area you are thinking of buying in apart from calling local property management companies. I just do not rely on an honest answer from the real estate guys in the designated areas.
thanks
Would the Australian Bureau of Statistics have anything?
You could scan the papers in that region to get a feel for what is being advertised and for how long. Or you could contact agents and pose as a person wanting to rent.
It also depends on the quality of the property and how you treat your tenants. if your a slum landlord people aren’t going to tolerate that for long. You look after them and they’ll tend to stick around.
BB[8D]
There were some rental vacancy figures in the recent issue of Australian Property Investor’s magazine. I don’t know if they always have them in every issue though.
Jeanne []
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