News

Ray White West Torrens Property Management Team Smashes State Average

By Michael Walkden

The latest property management statistics are in!

According to Rentfind.com, currently, the average days a rental property is on the market in SA is 31.9 with the average days a property is vacant sits at 20.8, which is marginally higher than normal, however, has been consistent over the past month.

Currently, the median weekly rental for both houses and units sits at $350 and $300 respectively.

At Ray White West Torrens we’re consistently smashing this…

Based on Rentfind.com, our averages now sit at 18.7 days on market whilst our average vacancy rate is 12.3, this is slightly higher than our usual but is still significantly less than the state average.

Essentially at Ray White West Torrens, we can make your property generate income quicker!

Property Management Statistics – Ray White West Torrens – September 24th 2017

Up to Date

Latest News

  • 6 reasons why you should buy a rental property

    6 REASONS WHY YOU SHOULD BUY A RENTAL Have you ever considered purchasing a home to rent out? Owning a home is a widely-held aspiration among Australians, not least of which because of the long-term financial benefits. However, in the wake of escalating prices, people are starting to consider other options … Read more

    Read Full Post

  • How to get the most out of your first investment property

    3 WAYS TO GET THE MOST OUT OF YOUR FIRST INVESTMENT PROPERTY Do you want to make more money? We’re fairly certain there would be a general consensus for that answer. There are in fact relatively straightforward ways to help you increase your long term wealth and secure your financial … Read more

    Read Full Post