16.02.2012 - Seven positive signs for Australia’s property markets
The vacancy rate is tight. In most capitals and major regional markets it remains under 3% and is much lower in Brisbane, Sydney, Perth, Canberra and central Queensland. Rents growth is starting to accelerate, and we know of numerous examples where more than 30 rental submissions are being received for vacant rental dwellings across Brisbane. Sales have improved since mid-year, and those vendors who meet the market are selling – and now, often quickly. It is still a buyer’s market – with the high supply of stock for resale – ensuring that you need to realistically price and market your property well in order to make a sale...............................................Full Article: Source
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