The latest property management statistics and average days on market are in!
According to Rentfind.com, currently, the average days a rental property is on the market in SA is 29.6 with the average days a property is vacant sits at 17.7, 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 $360 and $300 respectively.
At Ray White West Torrens our property managers are consistently smashing this…
Based on Rentfind.com, our averages now sit at 18.1 days on market whilst our average vacancy rate is 8.9, 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!
If you are looking to select a property manager or would like property management information contact our team on 08 7070 0595