Now could be the right time to think about investing in rental property in Belconnen, especially with demand for homes increasing over recent months.
SQM Research has released its vacancy rate figures for January, which point to a fall in the number of available properties month on month. In December, 2.3 per cent of homes in the city were without tenants, falling to 2 per cent just a month later.
The national average currently stands at 2.3 per cent, showing that the ACT's rental market is performing above expectations. Its vacancy rate was also better than many other major cities, including Brisbane (2.4 per cent) and Melbourne (2.8 per cent).
Whether you're an investor hoping to make your next move on the market, or a tenant planning on to move to the area, the team at Ray White Belconnen is here to help.
Our team of real estate agents has an extensive knowledge of the local area that should help you find a property that ticks all the right boxes. The easiest way to find out how we can assist your search is to get in touch with us directly.