May 22, 2017
RENTAL MARKET INSIDER
With Gardens and Light+Co recently completed for residents to move in, we’ve experienced the high demand for West End first hand.
Popular with a range of residents from young urban professionals and families to empty nesters wanting to downsize their home while upsizing their lifestyle.
CURRENT RENTS ACHIEVED
1 Bed – $395 to $440 per week
2 Bed – $495 to $610 per week
People live in West End for the lifestyle it offers and the easy connections to the CBD and beyond. We also find tenants are specifically seeking a home offering great resident amenity (gym, pool, open spaces) as well as ample storage in kitchens and wardrobes. ‘Pet friendly’ properties are appealing and becoming more and more important.
Our recently completed projects are stand out successes, experiencing less than 3% vacancy rates compared to the total Inner Brisbane rental market which recorded a 3.6% vacancy rate (URBIS, December quarter 2016).