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Professionals Arthur Johnston Snowball

256 York St Albany

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(08) 9842 5818

ajs@westnet.com.au

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Albany Rental Market 2016-17

10 Jul 2017 Albany 0 Comment

ALBANY RENTAL MARKET 2016-17

So how did the Albany rental market fair for the financial year that was 2016-17 – sound and consistent.

Whilst there is recent evidence to indicate the Perth metro area is fast approaching a vacancy rate of over 7%, in vast contrast Albany’s market place remains very tight and should make investors sit up and take notice of the continued strength in our market. Some highlights for the financial year are:

So what do we expect for financial year 2017-18? With the recent Census indicating a reduction in the number of rental properties in our area, plus Albany being one of only a few locations to see positive growth in the population – it is our view that demand from tenants will remain generally strong and we should expect more of the same heading into the new financial year with vacancy rates tipped to remain tight.

From the desk of: 

Greg Pearson

M: 0418 959 584

E: gpearson@professionalsalbany.com.au

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