News Archive
Rental conditions ease
19 January 2012
The easing of conditions in the rental market that commenced in the middle of 2008 has continued, with the Melbourne metropolitan vacancy rate exceeding three per cent in October. The Melbourne vacancy rate was 3.1 per cent in October, an increase of 0.7 per cent since September. It is estimated that there are around 349,000 rental homes in Melbourne and a vacancy rate translates to around ... read news item »
Availability of rental homes continues to improve in Melbourne
06 September 2011
The July rental vacancy rates show that the availability of rental homes in Melbourne continues to improve. REIV Communications Manager Robert Larocca said that the rental vacancy rate for Melbourne increased to 2.5 per cent from 2.2 per cent in June and was now well above the average for the past 12 months of 1.75 per cent. Mr Larocca said “the reduction in population growth ... read news item »
June Quarter rental update
02 August 2011
It would appear that the shortage of rental homes faced by the Melbourne market over the past 6 years has begun to ease. According to the most recent REIV vacancy rates the availability of rental homes in the metropolitan area has improved over the June quarter from a vacancy rate of 1.7 per cent in March to 2.2 per cent in June. For the first time since August 2005, all parts of ... read news item »
REIV rental vacancy rates
21 January 2011
Over the past 12 months, the number of vacant homes available for renting in Victoria has barely changed and there are no signs that it will improve in the next 12 months. At the end of November last year the vacancy rate for Victoria was 1.6 per cent, slightly higher than November 2009, when it was 1.3 per cent. Over the course of the year the rate varied between 1.2 and 1.6 per cent. &n... read news item »
Renting Tips
24 November 2010
Firstly you must consider your search criteria. Factors include location, features of the property, and price. If you can’t find exactly the property you want then look in the neighbouring suburb or for a slightly different type of property. There are various property portals which can help, such as www.realestateview.com.au . If you a... read news item »
GETTING THE MOST OUT OF YOUR INVESTMENT
28 July 2009
Hamton Real Estate Services provides investors with hassle-free management services and experienced advice. This covers every aspect of Real Estate Sales, Leasing and Property Management, as well as providing Owners' Corporation for all Hamton projects. To learn more please download the document below, or feel free to explore our website! ... read news item »
Renting Tips
27 June 2009
Firstly you must consider your search criteria. Factors include location, features of the property, and price. If you cant find exactly the property you want then look in the neighbouring suburb or for a slightly different type of property. There are various property portals which can help, such as www.realestateview.com.au. If you are interested in a property, you should then make sure tha... read news item »
Innovation required to ease rental squeeze
01 February 2009
REIV analysis of the residential rental market has found vacancies are still at historically low levels. The rental vacancy rate in Melbourne eased slightly in December to 1.2 per cent, from 1.1 per cent in November. The situation is similar in Geelong, where the vacancy rate is 1.5 per cent, in Bendigo 1 per cent and Ballarat 1.2 per cent. Falling interest rates provide prospective buyers w... read news item »
Door Slams on Renters
13 December 2008
Natalie Tkaczuk Sikora December 13, 2008 12:00am TENANTS are being squeezed out of the housing market as they face Melbourne's tightest recorded vacancy rates and unregulated rent hikes by greedy landlords. New figures have revealed Melbourne's rental vacancy rates are at their worst in more than 25 years. The vacancy rate is at 1.1 per cent for the third month in a row. ... read news item »
Investing in residential property
28 September 2008
Rental vacancies remain at their lowest point since the REIV began recording results in 1998 and this may encourage people to consider investing in residential property. In many respects the property market has delivered greater growth than the share market during the last decade. However before investing in the property market it is essential to understand some basic market fundamentals. ... read news item »
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