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!