Has anyone come across a website where you can punch in a suburb and get the rental vacancy rate for the area? thanks HG
Research is your only way out here. Go past each of the agents on a Saturday, pick up their listing sheets, check local & regional newspaper adverts and check out the competition. It won't give you a vacancy rate but it will give you a fair idea of how many vacant properties there is on the day. As for determining the vacancy rate, you will need to know how many properties there are in the LGA, how many are owner occupied & the balance is your rental pool. Luckiliy much of that is available on Domain or similar websites.
API publish it in the magazine for all suburbs each month.
Also if you ask the rental places how many rentals are on there books then count there paper print list from the office of the vacancy's, then calculate the percentage. Then if you do this for a few agentcys you will get a very accurate idea! Still it could come down to how well to seek out and find yourself a tenant.
hgwells wrote:Has anyone come across a website where you can punch in a suburb and get the rental vacancy rate for the area? thanks HGYes, there is a very good website that does this. Just put the postcode in here:
http://www.sqmresearch.com.au/graphs/graph_vacancy.php?t=1
You must be logged in to reply to this topic. If you don't have an account, you can register here.
