The number of new rentals coming onto the market has soared, with almost 20% more available nationally, according to Domain.

“The blowout in rental vacancy rates for the major CBDs suggests a mass exodus of tenants occurred over the course of March and April. This might be attributed to the significant loss in employment in our CBDs plus the drop off in international students,” he said.

Brisbane and Adelaide both saw their CBD vacancy rate double as well, albeit from smaller bases, jumping to 11.3% and 6.6% apiece.

Looking at the capital city markets as a whole, Darwin proved the only exception to rising rates across the board.



In the sunshine state, rents are more likely to have sunk in those places most dependent on tourism.

There are 55% more listings in Cairns, 38% more in the Whitsundays and 14% in Hervey Bay. It could prove a bittersweet win for local residents however as their local economies are left reeling from the sudden disappearance of the tourist industry.

Meanwhile, there are around 300 more rental options on the Gold Coast, about 250 more on the Sunshine Coast, and 120 more in Brisbane’s inner south.

In Queensland, holiday areas have seen the bulk of new listings.

Best Regards

Linda 姬琳达珍 and Carlos Debello (LREA)

LJ Gilland Real Estate Pty Ltd

Debello LREA推荐书LJ Gilland房地产

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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.
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