October Rental Market Update

October Rental Market Update

By Mark Labrow on Nov 03 2017
Tagged as:
  • management
  • Mandurah
  • market
  • property
  • rental


October saw an increase in the number of properties successfully leased by LJ Hooker Mandurah. In total we leased 37 properties across the month. The market continues to tighten in terms of the number of properties available to rent.

October saw an increase in the number of properties successfully leased by LJ Hooker Mandurah. In total we leased 37 properties across the month. The market continues to tighten in terms of the number of properties available to rent.
 
Today 2/11/17, there are only 482 properties available for rent in the 6210 postcode (source realestate.com.au), that is the lowest number of available rental properties over the last two years.
 
This is significant, as supply begins to tighten we should see prices begin to hold and the number of days that properties remain vacant should begin to drop.
 
As an investor now is the time to get your property on the market for rent. We still have a strong, healthy database of tenants looking for good quality properties.
 
If you’ve got a property to lease or are considering buying an investment property and need a professional, honest and knowledgeable team to advise you, and achieve the best results possible, contact me today.
 
Below you’ll see a full list of properties we leased throughout October with central Mandurah and Halls Head proving as popular as ever.

 2/78       Gibson St                        Mandurah           $285 p/w              
18           Kaalak Lane                    Mandurah           $295 p/w               
14/106 Mandurah Tce                    Mandurah           $340 p/w            
17/15    The Palladio                      Mandurah           $450 p/w                            
2             Kingdon St                      Mandurah            $260 p/w            
12           Lanyon St                        Mandurah           $320 p/w                                         
55/37    Dolphin Dr                         Mandurah           $400 p/w                                
16           Elizabeth St                     Mandurah           $200 p/w            
                           
9             Sandalwood Pde             Halls Head          $330 p/w                           
4a           Oversby St                      Halls Head          $350 p/w                             
38           Paradise Cir                    Halls Head          $325 p/w                           
3             Oversby St                      Halls Head          $525 p/w                 
29           Admiralty Cres,               Halls Head          $330 p/w          
6a           Bucentaur Place,            Halls Head          $230 p/w
 
9/11       Leslie St                           Dudley Park        $230 p/w                            
5             Mast Close                     Dudley Park         $335 p/w                 
8             Allora Close                    Dudley Park         $290 p/w
15           Sharperton Mndr            Dudley Park         $320 p/w
 
7a           Roy Rd                           Coodanup            $290 p/w                         
11           Derek Road                    Coodanup            $200 p/w            
17a         Veresdale Rt,                 Coodanup            $210 p/w
 
2/3         Olinda Ct                         Greenfields         $240 p/w                                                            
3             Berkeley Close,              Greenfields        $310 p/w            
32           Redcliffe Rd                    Greenfields        $380 p/w                 

5             Sandals Way,                  Meadow Springs    $310 p/w
17           Camden Way,                 Meadow Springs    $335 p/w
10           Formby Rd,                     Meadow Springs    $300 p/w
 
38           Sabina Dr                        Madora Bay       $400 p/w     
32a         Guillardon Tce                 Madora Bay       $200 p/w    
 
16           Fremont Cl,                     Secret Harbour  $440 p/w
24           Geographe Bay Pass,     Secret Harbour  $310 p/w
 
21           Loretta Pkwy,                    Lakelands         $340 p/w
3             Lea Wynd,                         Lakelands        $370 p/w                         
 
18           Gamboge Ave,                  Karnup             $300 p/w
54           Ronsard Dr,                       San Remo       $380 p/w    
97           Queen Pde,                       Wannanup       $400 p/w
28           Boorabbin Dr,                    Baldivis            $275 p/w

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