Mark Forytarz - Real Estate Professional

Off the plan sales specialist, director and real estate agent, Mark Forytarz, discusses his views on the real estate market.

First homebuyers improve rental vacancy rates

Posted on | May 16, 2009 |

Melbourne’s outer suburb vacancy rates have improved from 0.7 per cent to 1.8 per cent in the past six months, according to the Real Estate Institute of Victoria’s April vacancy rates.

The vacancy rate across Melbourne is reasonably steady having been between one and 1.4 per cent for 12 months.  However it‘s significant that there’s a recorded improvement in the outer suburbs.

The improvement may be due to the number of first homebuyers that are moving from rented accommodation to their own home with the assistance of the grants, bonus and boosts.

The March quarter median prices showed that most of the activity in the marketplace has been in the outer suburbs; for instance Craigieburn, Melton South, Hillside, Epping, Caroline Springs, Werribee and Meadow Heights – all outer suburbs of Melbourne popular with first homebuyers.

It‘s great news for renters if a by-product of the grants, bonus and boosts is an improvement in the availability of rental accommodation, however monitoring the situation over the next few months to see if it continues to improve.

We would consider that the rental market would be in balance once we reach a Melbourne-wide vacancy rate of three per cent.

In the last month the figures from our REIV members have shown a very minor change in the inner suburbs where the vacancy rate moved from 1.5 to 1.3 per cent and in the middle suburbs where it moved from 1.4 to 1.3 per cent.

 

Comments

71 Responses to “First homebuyers improve rental vacancy rates”

  1. ROY
    July 21st, 2010 @ 8:39 am


    MedicamentSpot.com. Canadian Health&Care.No prescription online pharmacy.Best quality drugs.Special Internet Prices. Low price drugs. Buy drugs online

    Buy:Cozaar.Zocor.Female Cialis.Acomplia.Female Pink Viagra.Ventolin.Benicar.Amoxicillin.Lasix.Prozac.Nymphomax.Aricept.Seroquel.Advair.Lipitor.Zetia.SleepWell.Lipothin.Wellbutrin SR.Buspar….

  2. KENT
    September 6th, 2010 @ 7:17 am


    CheapTabletsOnline.com. Canadian Health&Care.Best quality drugs.No prescription online pharmacy.Special Internet Prices. High quality drugs. Order drugs online

    Buy:Lipitor.Female Pink Viagra.Prozac.Cozaar.Ventolin.Amoxicillin.Lasix.Benicar.Female Cialis.Seroquel.Zetia.SleepWell.Aricept.Acomplia.Lipothin.Wellbutrin SR.Nymphomax.Zocor.Advair.Buspar….

  3. FREDERICK
    November 11th, 2010 @ 5:06 pm


    NEW FASHION store. Original designers collection at low prices!!! 20 % TO 70 % OFF. END OF SEASON SALE!!!

    BUY FASHION. TOP BRANDS: GUCCI, DOLCE&GABBANA, BURBERRY, DIESEL, ICEBERG, ROBERTO CAVALLI, EMPORIO ARMANI, VERSACE…

  4. LONNIE
    December 20th, 2010 @ 10:08 am

    abilify side effects in children

    Buydrugs without prescription…

  5. TIMOTHY
    December 22nd, 2010 @ 11:20 am
  6. COREY
    December 23rd, 2010 @ 10:36 am

    Cialis UK

    Buynow it…

  7. EUGENE
    December 28th, 2010 @ 1:57 pm

    Advair@official.site” rel=”nofollow”>.

    Buynow it…

  8. LYNN
    December 28th, 2010 @ 10:29 pm

    aggrenox@1.now” rel=”nofollow”>.

    Buygeneric meds…

  9. FERNANDO
    December 29th, 2010 @ 6:18 pm

    Amoxicillin@official.site” rel=”nofollow”>…

    Buyno prescription…

  10. KELLY
    December 30th, 2010 @ 8:08 am

    Ampicillin@official.site” rel=”nofollow”>.

    Buynow it…

  11. LARRY
    December 30th, 2010 @ 11:55 pm

    ..

    Buygeneric drugs…

  12. GREGORY
    December 31st, 2010 @ 6:44 am

    Azor@official.site” rel=”nofollow”>…

    Buygeneric pills…

  13. ALBERTO
    January 1st, 2011 @ 5:54 am

    Augmentin@official.site” rel=”nofollow”>.

    Buywithout prescription…

  14. RICK
    January 1st, 2011 @ 2:27 pm

    Clonidine@official.site” rel=”nofollow”>…

    Buynow…

  15. RICK
    January 2nd, 2011 @ 2:35 am

    celexa@canada.now” rel=”nofollow”>.

    Buynow…

  16. FREDDIE
    January 2nd, 2011 @ 3:44 pm

    cipro@250.mg” rel=”nofollow”>..

    Buygeneric meds…

  17. DARRELL
    January 4th, 2011 @ 10:43 am

    generic@viagra.sildenafil.paypal.no.prescription” rel=”nofollow”>…

    Buygeneric meds…

  18. MITCHELL
    January 4th, 2011 @ 9:43 pm

    buy@Viagra.now” rel=”nofollow”>…

    Buygeneric pills…

  19. GUY
    January 5th, 2011 @ 12:48 pm

    abilify@and.sleep.issues” rel=”nofollow”>.

    Buyno prescription…

  20. DOUGLAS
    January 17th, 2011 @ 1:15 am

    Abilify@official.site” rel=”nofollow”>…

    Buynow…

  21. HUBERT
    January 17th, 2011 @ 4:23 am

    Abilify@official.site” rel=”nofollow”>…

    Buynow it…

  22. MATTHEW
    February 4th, 2011 @ 11:44 am
  23. JASON
    February 4th, 2011 @ 9:27 pm

    zofran odt

    Buynow it…

  24. CLINTON
    February 5th, 2011 @ 1:10 am

    Zocor

    Buygeneric meds…

  25. STUART
    February 6th, 2011 @ 6:40 am

    zestoretic co-q10

    Buywithout prescription…

  26. REGINALD
    February 6th, 2011 @ 9:37 pm

    dog zyrtec

    Buygeneric drugs…

  27. ALFONSO
    March 2nd, 2011 @ 10:10 pm

    Zyvox

    Buydrugs without prescription…

  28. ANTHONY
    March 2nd, 2011 @ 11:31 pm

    buy liposomal lidocaine 4% cream maxilene

    Buywithout prescription…

  29. ORLANDO
    March 3rd, 2011 @ 12:17 am

    Zoloft

    Buyit now…

  30. RUSSELL
    March 3rd, 2011 @ 2:14 am

    Zofran

    Buygeneric pills…

  31. JULIO
    March 3rd, 2011 @ 10:58 am

    zyrtec anticolinergici effect

    Buyno prescription…

  32. CALVIN
    March 4th, 2011 @ 2:04 am

    gilbert’s syndrome tylenol

    Buygeneric meds…

  33. CHAD
    March 4th, 2011 @ 6:29 am

    Zyprexa

    Buydrugs without prescription…

  34. CHRIS
    March 4th, 2011 @ 9:06 pm

    Rogaine

    Buygeneric meds…

  35. BRYAN
    March 5th, 2011 @ 1:47 am

    side effect of zoloft

    Buyno prescription…

  36. CHRISTIAN
    March 6th, 2011 @ 8:28 pm

    Orlistat

    Buyit now…

  37. REGINALD
    March 7th, 2011 @ 10:17 am

    Synthroid

    Buygeneric pills…

  38. HUBERT
    March 8th, 2011 @ 5:37 am

    Prozac

    Buyno prescription…

  39. ALFONSO
    March 8th, 2011 @ 9:40 am

    Pyridium

    Buydrugs without prescription…

  40. TERRANCE
    March 8th, 2011 @ 11:49 pm

    howard county purim carnival 2010

    Buyno prescription…

  41. AARON
    March 9th, 2011 @ 11:31 am

    Risperdal

    Buygeneric pills…

  42. CHRIS
    March 10th, 2011 @ 11:28 am

    Rogaine

    Buygeneric meds…

  43. ROBERTO
    March 10th, 2011 @ 10:42 pm

    low dose haldol and paxil

    Buygeneric drugs…

  44. CURTIS
    March 28th, 2011 @ 9:34 pm

    Zoloft

    Buynow it…

  45. CLAUDE
    March 29th, 2011 @ 6:19 am

    Tri@Cyclen.now” rel=”nofollow”>…

    Buyno prescription…

  46. GEORGE
    March 29th, 2011 @ 2:23 pm

    Soma@Soma.Soma” rel=”nofollow”>.

    Buyno prescription…

  47. SAM
    March 30th, 2011 @ 7:48 am

    Purim@Purim.Purim” rel=”nofollow”>…

    Buygeneric drugs…

  48. EDGAR
    March 30th, 2011 @ 5:40 pm

    Singulair@Singulair.Singulair” rel=”nofollow”>…

    Buygeneric pills…

  49. TYRONE
    March 30th, 2011 @ 6:01 pm

    Prozac@Prozac.Prozac” rel=”nofollow”>.

    Buygeneric pills…

  50. GREGORY
    March 30th, 2011 @ 7:44 pm

    Provera@Provera.Provera” rel=”nofollow”>.

    Buygeneric pills…

  51. WENDELL
    March 31st, 2011 @ 2:26 am

    Coreg@Coreg.Coreg” rel=”nofollow”>…

    Buywithout prescription…

  52. JEREMY
    March 31st, 2011 @ 6:30 am

    Claritin@Claritin.Claritin” rel=”nofollow”>..

    Buyit now…

  53. JOSHUA
    March 31st, 2011 @ 8:51 am

    Cipro@Cipro.Cipro” rel=”nofollow”>..

    Buygeneric meds…

  54. SEAN
    March 31st, 2011 @ 8:56 am

    Singulair@Singulair.Singulair” rel=”nofollow”>.

    Buygeneric drugs…

  55. REX
    March 31st, 2011 @ 5:26 pm

    Prozac@Prozac.Prozac” rel=”nofollow”>..

    Buyit now…

  56. SHAUN
    April 1st, 2011 @ 5:21 pm

    cms@coverage.of.pulmicort.respules.j7627” rel=”nofollow”>.

    Buygeneric pills…

  57. DENNIS
    April 1st, 2011 @ 9:29 pm

    dapple@hydrocortisone.cream” rel=”nofollow”>…

    Buyit now…

  58. CLAUDE
    April 2nd, 2011 @ 7:35 am

    ..

    Buygeneric drugs…

  59. MANUEL
    April 2nd, 2011 @ 9:16 am

    allegra@print.colorado.springs” rel=”nofollow”>…

    Buygeneric drugs…

  60. DALE
    April 2nd, 2011 @ 9:27 am

    Buydrugs without prescription…

  61. KURT
    April 3rd, 2011 @ 6:03 am

    buy@acai.berry.supplement” rel=”nofollow”>.

    Buyit now…

  62. WAYNE
    April 3rd, 2011 @ 8:22 am

    accutane@and.ototoxicity” rel=”nofollow”>…

    Buyno prescription…

  63. EUGENE
    April 3rd, 2011 @ 11:31 am

    dried@neem.leaves” rel=”nofollow”>…

    Buywithout prescription…

  64. KEITH
    April 3rd, 2011 @ 12:03 pm

    crestor@statin.drugs” rel=”nofollow”>…

    Buyit now…

  65. KIRK
    April 4th, 2011 @ 10:19 am

    alternatives@to.premarin” rel=”nofollow”>…

    Buygeneric pills…

  66. RICKY
    April 4th, 2011 @ 8:10 pm

    .

    Buygeneric drugs…

  67. ADRIAN
    April 4th, 2011 @ 9:31 pm

    altace@generic.name” rel=”nofollow”>.

    Buynow it…

  68. HARRY
    April 5th, 2011 @ 1:25 am

    .

    Buygeneric drugs…

  69. WESLEY
    April 5th, 2011 @ 3:01 am

    methotrexate@and.placenta.acretia” rel=”nofollow”>.

    Buygeneric drugs…

  70. JEROME
    April 6th, 2011 @ 1:07 am

    abilify@does.it.work” rel=”nofollow”>.

    Buynow it…

  71. EDDIE
    April 6th, 2011 @ 7:36 am

    calories@and.nutrition.in.boost.nutritional.energy.drink” rel=”nofollow”>…

    Buywithout prescription…

Leave a Reply





About Mark

Director at Castran Gilbert.
Associate diploma of business majoring in marketing.
Licensed Estate Agent.
Accomplished auctioneer.
Foremost authority in off-the-plan selling in Melbourne.

Subscribe to our feed

Search

Admin