本帖最后由 8080 于 18-9-2015 22:24 编辑
Perth tenants on top as WA rental vacancy rate hits 20-year high
From: http://www.perthnow.com.au/reale ... lgriw-1227524083658
Realestate
Rental prices favour tenants
• Rents across Perth cheaper as vacancy rate hits 20-year-high
• Claremont sees biggest drop in rents for tenants in houses
• North Coogee sees biggest drop in rents for unit tenants
PERTH’S vacancy rate for rental properties has hit a 20-year high as landlords report a spate of tenants breaking leases.
The vacancy rate is now more than 5 per cent — its highest since December 1995, when Paul Keating was Prime Minister and Coolio’s Gangsta’s Paradise topped the music chart, Real Estate Institute of WA figures show.
Landlords are now being encouraged to offer incentives — such as free Wi-Fi or a week’s free rent — to lure tenants, with experts warning the vacancy rate has yet to peak.
The median weekly rent for Perth is $420 for houses and $395 for units, down 13 per cent from 18 months ago and the lowest figure since 2011.
Landlords who once had up to 40 tenants fighting for the one property are now reporting a rise in tenants breaking leases as they nab themselves bargain properties elsewhere in Perth.
At the height of the mining boom, families in Perth resorted to living in camping grounds because they couldn’t find rental properties.
Now, as population growth slows and the economic downturn continues, property managers say it is difficult to get prospective tenants to even turn up to viewings.
Calculated by the number of unoccupied rental homes on the market, REIWA says a normal vacancy rate is about 3 per cent.
Wealthy suburbs are offering the best bargains, with Claremont’s median rent for houses falling 30 per cent in the past 12 months — a drop of $332 a week. Peppermint Grove had the second-biggest decrease with weekly rent falling $475 or 24 per cent.
For units, North Coogee was the hardest hit after a number of new-build apartments became available, with median rent falling 50 per cent in the past year, or $425. Cloverdale, 10km east of the CBD, had the second-biggest decrease with a drop of 15 per cent, or $80.
“There’s no doubt it’s a tenant’s market,” Gow Property director Dee Gow said.
“If the property isn’t up to scratch or well presented, tenants are breaking leases ... We’re encouraging our landlords to offer incentives like free Wi-Fi, new airconditioning, letting them keep pets or even offering a week’s free rent.
“It’s not an easy market to get a tenant in. We’re having a lot of prospective tenants making bookings to inspect properties, but then not turning up because they can afford to shop around.”
Momentum Wealth managing director Damian Collins agreed landlords were better accepting a reduction in rent than losing a tenant.
“They’re paying your mortgage and often it’s going to cost you more to have a vacant property for a few weeks than drop your rent,” he said.
Inside Realty director John Meuleman recently rented out luxury properties in Mount Pleasant and Applecross to groups of young people and said landlords should keep an open mind to “non-stereotypical groups”.
Hegney Property Group director Gavin Hegney said with many apartments set to hit the market, he didn’t think the vacancy rate had peaked yet.
“If you’re signing a lease, I would be looking at getting six months instead of 12 because there is room for rent to fall again,” he said.
He said the executive market was offering good opportunities, because companies were now hiring locals as opposed to expats.
Arian Gorji, Paul James Richards, Kodi Wolski and Ky Cocker are renting a Mount Pleasant
Arian Gorji, Paul James Richards, Kodi Wolski and Ky Cocker are renting a Mount Pleasant mansion for $250 a week. Picture: Justin Benson-Cooper
HIGH LIFE FOR $250 A WEEK
WHEN most twenty-somethings think of a share house, a $3 million riverfront mansion isn’t what springs to mind.
But for 25-year-old Arian Gorjy and his three roomies, their Mount Pleasant home is theirs for $250 a week each.
Mr Gorjy, a business development manager, had previously lived in a less impressive rental, but is now taking advantage of the bargain market by sharing with mates.
While in previous markets he said landlords were less open to young groups looking to live in luxury homes, he impressed the property manager with solid references.
“It used to be a struggle to get anything decent at all, but now there is more stock on the market and good opportunities to get a luxury home for a nice price,” Mr Gorjy said. “My tip if you’re looking for a discount would be to show the landlord what you can do for them in terms of maintenance.
“One of my roommates is an electrician, so we do a lot of work round the house ourselves.”
Currently building his first home in Queens Park, Mr Gorjy said he planned to stay in the rental market and keep the property as an investment.
TOP 10 SUBURBS FOR RENTAL DISCOUNTS (HOUSES)
1. Claremont: From $1100 to $768. Down 30 per cent or $332.
2. Peppermint Grove: From $2000 to $1525. Down 24 per cent or $475.
3. Burswood: From $800 to $613. Down 23 per cent or $187.
4. Waterford: From $750 to $595. Down -21 per cent or $155.
5. Churchlands: From $1100 to $900. Down 18 per cent or $200.
6. City Beach: From $1145 to $950. Down 17 per cent or $245.
7. Burns Beach: From $800 to $665. Down 17 per cent or $135.
8. Ascot: From $600 to $500. Down 17 per cent or $100.
9. Menora: From $700 to $585. Down 16 per cent or $115.
10. Shoalwater: From $430 to $360. Down 16 per cent or $70.
TOP TEN SUBURBS FOR RENTAL DISCOUNTS (UNITS):
1. North Coogee: From $850 to $425. Down 50 per cent or $425.
2. Cloverdale: From $530 to $450. Down 15 per cent or $80.
3. Mount Hawthorn: From $550 to $445. Down 14 per cent or $75.
4. Connolly: From $517 to $445. Down 14 per cent or $72.
5. Crawley: From $490 to $420. Down 14 per cent or $70.
6. Sorrento: From $565 to $500. Down 13 per cent or $65.
7. Highgate: From $480 to $420. Down 13 per cent or $60.
8. North Fremantle: From $725 to $640. Down 12 per cent or $65.
9. Doubleview: From $450 to $400. Down 11 per cent or $50.
10. Perth: From $590 to $525. Down 11 per cent or $65.
Source: CoreLogic RP Data, median rent decreases from 2014 to 2015.
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楼主: 西澳电工
发表于 7-9-2015 22:42:23
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