Forecasting the economy and investment market has been challenging and
unpredictable for many nationwide, with constant interest rate rises, elevated
rents, a shortage of affordable housing and a strong rental market in securing
tenants. However, according to recent data research*, we are now starting to see
a slight rise in the national vacancy rates for the first time in 18 months. Landlords
need to be mindful of these changes to monitor long-term budgeting and the
financial management of their investment income.
If your property becomes vacant, there are smart steps that you can take to
minimise the potential of a vacancy period.
Know the vacancy rate and market conditions.
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