According to Rentfind.com, currently, the average days a rental property is on the market in SA is 31.8 with the average days a property is vacant sits at 20, which is marginally less 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 days on market whilst our average vacancy rate is 13, higher than our normal figures however still significantly less than the state average.
Simply put, in general, this means we can on average provide our clients with an income producing rental property quicker than our competitors.