Strong net migration into Australia combined with continuing weakness in the housing sector has contributed to one of the nation's worst rental shortages.
Vacancy rates for residential properties fell in almost every capital city in the three months to September, putting further pressure on rents, with more hikes to follow next year, according to the Real Estate Institute of Australia.
Alan Collett alan-at-gomatilda-dot-com Registered Migration Agent Number 0102534 Fellow of the Institute of Chartered Accountants in England and Wales Member of the Institute of Chartered Accountants in Australia http://www.gomatilda.com and http://www.collettandco.co.uk Offices in Southampton - England; Melbourne, Perth, Brisbane, and Geelong - Australia
Posts: 2581 | Location: Geelong, Australia | Registered: 01 August 2002