Sell with Confidence
Read More

National Vacancies Stayed Steady in July

By Adrienne McTavish

Investors looking at Bulimba real estate may be interested to hear that the residential rental vacancy rate remained fairly steady at 2.2 per cent during the month of July.

This brought the total amount of vacancies nationwide to 61,117, although individual results differed in each capital city, according to figures from SQM Research.

Brisbane's vacancy rate came out at 2.1 per cent for July, remaining unchanged from the previous month. The total amount of vacancies decreased slightly from June to July this year, falling from 5,797 to 5,786.

Elsewhere in Australia, the majority of the other capital cities also saw little to no change in their vacancy rates. However, Perth and Canberra have seen the most significant increases compared to the same time last year.

Vacancy rates are one of the indicators that real estate investors should consider before committing to a property.

Investing in real estate can be a great way to build your wealth, but it's important to do your research beforehand.

If you're ready to make the leap and invest in Morningside real estate or other properties in Bulimba, the team at Ray White Bulimba can help you find the property you're looking for.

Up to Date

Latest News

  • First Impressions

    Like a first date, you only have about 5 seconds to make a good first impression. Also like dating, buying is a sensory experience. Looks, smells and sounds all matter. But let’s separate from the analogy now. It’s important before you put your property on the market that you give … Read more

    Read Full Post

  • Prestige Property Auction Event

    BRISBANE’S MOST EXCLUSIVE PRESTIGE PROPERTY AUCTION EVENT On Saturday the 5th of December, at Brisbane’s amazing Calile Hotel, we are going to be holding a prestige property auction event. This will be the most exclusive auction event ever to be held in Brisbane! The event has already attracted national and … Read more

    Read Full Post