November Vacancy Rates Research article for your perusal and information via

Figures released by SQM Research this week have revealed that the number of residential vacancies nationally has picked back up slightly during November, recording a vacancy rate of 2.2% nationally, and 65,777 vacancies. Vacancies appear to be following the common seasonal trends expected at this time of year, where rental accommodation tends to become more available for a variety of factors.


The most predominant of these factors is that as University sessions finish for the year, many students vacate their rental accommodation as it is no longer needed over the longer summer break. Perth and Darwin have continued to record alarming increases in vacancies, whilst many of the other capital cities have remained stable year-on-year. However, Hobart and Melbourne have recorded yearly declines. SQM Research believes the falls in Hobart most likely relate to the recovery in its local economy, in turn being benefited from the lower Australian dollar helping its local tourist industry. The declines in Melbourne on the other hand, have been a little more difficult to assess, but it is suggest by Managing Director of SQM Research, Louis Christopher, that “this may be a result of a brief lull in construction activity, or possible a recent surge in its local population.” Louis Christopher also noted “On a year-on-year basis we are seeing rises in Darwin and Perth. The reasons for the rises in Darwin and Perth are pretty clear in the sense that it is related to the ongoing mining downturn, causing a lot of loss of employment, particularly temporary/contract jobs.” As can be seen from the table below, asking rents in both Perth and Darwin have dramatically decreased since this period last year, both for house and units – with Darwin recording a -10.8% decrease in asking rents for houses and -0.3% for units, and Perth recording a -9.5% decrease in asking rents for houses and -9.3% decrease for units.


SQM’s calculations of vacancies are based on online rental listings that have been advertised for three weeks or more compared to the total number of established rental properties. SQM considers this to be a superior methodology compared to using a potentially incomplete sample of agency surveys or merely relying on raw online listings advertised.

AT A GLANCE • LJ Gilland Real Estate Specialising in Property management • Rental services • Individual solutions to fit our client’s needs • High performance property sales, specializing in sales of properties with tenants in place. • Body corporate management • Competitive Commission Rates • LET FEE FOR REFERRALS, We are a business built on Referrals. • NO Lease Renewal & Comparable Market Analysis’ Fees/Charges • PHOTOS TAKEN ON ENTRY • Hands on approach to all Property Investment Management and & Sales Matters. • Tenants are shown about safety switches and water mains etc at handover at the property. We meet all tenants on site for handover.

The formula for newly referred astute property investors to our happy band of Clientele is this:  Comprehensive Pre-Meeting Reporting of the Property Investment, pre meeting quesitons = Focused Expertise + Happy Property Investors

Knowing the answers to questions relating to each Property Investor’s property allows us to gain a better understanding of our Client’s needs and requirements.

Thus, whereas every other property management company a property investor interview will be touting the benefits of hiring them, our presentation will be totally focused on the how we will deliver solutions to the areas the client needs most because we have asked these hard questions upfront and built-in the answers (read: solutions) into our client needs for a success property investment strategy.

We have proven ourselves as the most prepared to address your issues and concerns and we are therefore ready to accept a win win strategy in property investment management delivering results.

Register your interest to receive property updates and our real estate blog.

L J-Gilland-Real-Estate

About ljgrealestate 据联大

Removing the Hassle from Sales and Rentals across South East Queensland. Aim to Empower other like minded Property Investors. LJ Gilland Real Estate Pty Ltd LREA推荐书LJ Gilland房地产 L J Gilland Real Estate is a prestigious boutique agency specializing in Property Investment Management Services and the Sales of Investment Properties with tenants in place. Comprised of a top performing group of handpicked specialists, our Agents proudly serve Property Investors in Queensland. Since 1996 our Agency has demonstrated a genuine enjoyment of working with people, developing long-term relationships and delivering on the promise of great service. Carlos and Linda Debello offer property investor's the confidence to sell and lease in any market. We provide comprehensive market appraisals, exclusive multimedia marketing campaigns, and knowledgeable, highly personalized counsel on all aspects of real estate. Our Property Management Team is equally considerate, offering investors with in-depth advise, well-researched rental valuations, and highly professional rental management services. Carlos’ direct mobiles are 0400 833 800 & 0413560808. Linda’s mobiles are 0409995578 & 0414978700 (prefer email contact for Linda). Office 07 3263 6085.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s