Comments on rising rents to Herald Sun
Wendy was quoted in an article by the Herald Sun’s Sarah Petty, about Victoria’s “skyrocketing” rents. In this, Wendy refers to the ongoing competition for properties and how it’s continuing to drive up rents.
Overcoming Common Tenancy Issues
Given how hard it is to secure a rental right now, it’s best to avoid moving, if you can. That said, we understand that there may be a range of reasons driving you to look for somewhere new. Here we provide practical advice on overcoming these, so you can stay where you are – at least for the next few months.
Customer Profile - Michelle and Lea*
Late last year, Michelle contacted us about helping her daughter find her first rental property. Lea was moving from NSW to Melbourne to further her university studies and wanted to have her own space. However, as she had been living on campus, she had no rental history, and the market was rapidly tightening.
Negotiating Rent Increases
We’re seeing more landlords looking to capitalise on the current market conditions by increasing the amount of rent they charge. As a result, more tenants are needing to find extra room in their household budget for larger monthly rent payments. But what do you do if you can’t afford to – or simply don’t want to – pay more rent?
Market Update - Sept. Qtr, 2023
Growth in the national median rent continues to slow, suggesting prices are starting to stabilise. However, new listings remain extremely limited, and the national vacancy rate has reached a new record low. This is making it even harder for renters to secure a new home and driving many to consider more cost-effective alternatives.
Are Build-to-Rent Developments the Future?
Build-to-rent developments may be a fairly new concept within the Australian market, but they are already receiving plenty of attention. Some believe they could help address rental affordability issues, whereas others see them as a new benchmark in luxury. Here we take a closer look at the build-to-rent model, including the unique benefits and considerations for potential tenants.