The rent is too darn high!


For many low and medium income Australians, the biggest issue in the upcoming Federal election is the cost of living. The quarterly CPI reading of5.1% headline/3.7% underlyingshowed that the cost of goods and services is rising faster than it has in a long time. Petrol prices, groceries, housing and education all saw significant moves higher in the last quarter. Whilst some of these increases may level off in the medium term, rental affordability is set to get much worse. The chart below fromSQM Researchshows the plummeting national vacancy rate for residential property.

Source: SQM Research

Data from Domainhas Sydney and Melbourne above the average with Adelaide, Canberra, Hobart and Perth sitting well below 1.0%. Following the re-opening of international borders, foreign students and tourists have returned. There are widespread anecdotal reports of rental properties being withdrawn from the residential market to take advantage of higher…

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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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