Welcome Guest [Log In] [Register]


Reply
  • Pages:
  • 1
Rental vacancy rates on the rise - SQM Research; At this stage the market is increasingly favouring tenants across the country
Topic Started: 17 Jul 2014, 10:41 AM (1,874 Views)
Admin
Member Avatar
Administrator

Quote:
 
Vacancy rates on the rise

Posted on Wednesday, July 16 2014 at 2:17 PM

SQM Research has released figures revealing an increase in residential vacancy rates across the nation.

According to SQM, national vacancies came in at 2.3 per cent in June – a rise of 0.1 per cent.

The vacancy rate for all capital cities either rose or remained steady, except for Hobart, which experienced a 0.2 per cent fall.

Perth’s vacancy rate has risen dramatically from the June 2013 figure of 1.6 per cent, to record a 2.3 per cent result for June this year.

Darwin has similarly climbed in rental vacancies, doubling from a 0.8 per cent rate in June 2013 to 1.6 per cent in June 2014.

Louis Christopher, managing director at SQM Research, says a definite slowdown in the nation’s rental market is occurring.

“At this stage the market is increasingly favouring tenants across the country.”

Christopher says vacancy rate increases are at their early phase in the cycle.

“While this is not yet a rout for landlords, it certainly is at a stage where rents will unlikely rise above inflation for the next 12 months.

“This means that rental yields will continue to fall, thereby reducing the net cash flows for new property investors in the marketplace.”

SQM Research’s Asking Rent’s Index has also revealed a monthly stagnation in the capital city average asking rents with no change recorded month-on-month for houses, and a 0.7 per cent decrease in asking rents for units.

Read more: http://www.apimagazine.com.au/api-online/news/2014/07/vacancy-rates-on-the-rise
Follow OzPropertyForum on Twitter | Like APF on Facebook | Circle APF on Google+
Profile "REPLY WITH QUOTE" Go to top
 
Timo
Default APF Avatar


Quick infestors pile into a market of stagnant capital gains, rising vacancy rates and terrible rental returns!
After a bubble has burst, no one denies that it existed. But before it does, the popular refrain is that though bubbles existed elsewhere in the world, “there’s no bubble here”. So housing bubbles are admitted to have existed in Japan, the USA, Spain and Ireland – because they’ve already burst.
Profile "REPLY WITH QUOTE" Go to top
 
Blondie girl
Member Avatar


Blah
Nothing new..
No fear ...

Quick timo you would be first to whine at how hard it is ..so keep renting or living with mummy.
Newjerk? can you try harder than dig up another person's blog. My first promo was with Billabong and my name in English is modified with a T, am Perth born but also lived in Sydney to make my $$
It's Absolutely Fabulous if it includes brilliant locations, & high calibre tenants..what more does one want? Understand the power of the two "P"" or be financially challenged
Even better when there is family who are property mad and one is born in some entitlements.....Understand that beautiful women are the exhibitionists we crave attention, whilst hot blooded men are the voyeurs ... A stunning woman can command and takes pleasure in being noticed. Seems not too many understand what it means to hold and own props and get threatened by those who do.
Banks are considered to be law abiding and & rather boring places yeah not true . A bank balance sheet will show capital is dwarfed by their liabilities this means when a portions of loans is falling its problems for the bank.
Profile "REPLY WITH QUOTE" Go to top
 
Timo
Default APF Avatar


Blondie girl
22 Jul 2014, 06:49 PM
Blah
Nothing new..
No fear ...

Quick timo you would be first to whine at how hard it is ..so keep renting or living with mummy.
Ironic from a rent girl...
After a bubble has burst, no one denies that it existed. But before it does, the popular refrain is that though bubbles existed elsewhere in the world, “there’s no bubble here”. So housing bubbles are admitted to have existed in Japan, the USA, Spain and Ireland – because they’ve already burst.
Profile "REPLY WITH QUOTE" Go to top
 
Rhvic01
Default APF Avatar

The research reveals Canberra, Melbourne and Darwin were the only capital cities to record monthly drops in vacancies.
Profile "REPLY WITH QUOTE" Go to top
 
MMM
Unregistered

Record leveraged super funds

Record negative gearing claims.

Record lvrs.

Record amount paying interest only loans.

Record building in almost every capital.

Record vacancy rates or heading that way.

Record job losses.

Record business closures.

Record low nterest rates.

Are the bulls starting to get the picture.....The bigger picture....what about you Peter ?

"REPLY WITH QUOTE" Go to top
 
Blondie girl
Member Avatar


Timo
22 Jul 2014, 07:36 PM
Ironic from a rent girl...
Now,what do you mean by that ?

Newjerk? can you try harder than dig up another person's blog. My first promo was with Billabong and my name in English is modified with a T, am Perth born but also lived in Sydney to make my $$
It's Absolutely Fabulous if it includes brilliant locations, & high calibre tenants..what more does one want? Understand the power of the two "P"" or be financially challenged
Even better when there is family who are property mad and one is born in some entitlements.....Understand that beautiful women are the exhibitionists we crave attention, whilst hot blooded men are the voyeurs ... A stunning woman can command and takes pleasure in being noticed. Seems not too many understand what it means to hold and own props and get threatened by those who do.
Banks are considered to be law abiding and & rather boring places yeah not true . A bank balance sheet will show capital is dwarfed by their liabilities this means when a portions of loans is falling its problems for the bank.
Profile "REPLY WITH QUOTE" Go to top
 
Admin
Member Avatar
Administrator

Posted Image
Follow OzPropertyForum on Twitter | Like APF on Facebook | Circle APF on Google+
Profile "REPLY WITH QUOTE" Go to top
 
MMM
Unregistered

Alex Barton
27 Jul 2014, 06:55 PM
Posted Image
What's to make of this report.

Am I to believe that there are around 3000 vacancies in Perth, yet only last week there was 4500, 50% more a month ago on this already monsterous amount.

Where did all those for lease signs go, did they give up trying to rent the property and decide to sell it instead.

What about Melbourne , only 12,500 properties for rent, should be 15,000 by years end with all these new units being completed. Get ready to tell the lanlord that there needs to be a substantial rent reduction or we will walk and you can watch it keep falling while looking longer and longer for tennants.

Must be a housing shortage :)

Even though we have more houses per person than the US, UK and euro.

Just remember, they all had a housing shortage too according to the ' experts' and vested interests, until...... They didnt have one anymore .

"REPLY WITH QUOTE" Go to top
 
Foxy
Member Avatar
Zero is coming...

Foxbat sold out 13 months ago.
Peter

There is no money in renting houses to people.
It is a zero sum game at best.
Edited by Foxy, 28 Jul 2014, 01:34 AM.
http://www.afr.com/content/dam/images/g/n/2/1/u/8/image.imgtype.afrArticleInline.620x0.png/1456285515560.png
Profile "REPLY WITH QUOTE" Go to top
 
1 user reading this topic (1 Guest and 0 Anonymous)
ZetaBoards - Free Forum Hosting
Fully Featured & Customizable Free Forums
Go to Next Page
« Previous Topic · Australian Property Forum · Next Topic »
Reply
  • Pages:
  • 1



Australian Property Forum is an economics and finance forum dedicated to discussion of Australian and global real estate markets and macroeconomics, including house prices, housing affordability, and the likelihood of a property crash. Is there an Australian housing bubble? Will house prices crash, boom or stagnate? Is the Australian property market a pyramid scheme or Ponzi scheme? Can house prices really rise forever? These are the questions we address on Australian Property Forum, the premier real estate site for property bears, bulls, investors, and speculators. Members may also discuss matters related to finance, modern monetary theory (MMT), debt deflation, cryptocurrencies like Bitcoin Ethereum and Ripple, property investing, landlords, tenants, debt consolidation, reverse home equity loans, the housing shortage, negative gearing, capital gains tax, land tax and macro prudential regulation.

Forum Rules: The main forum may be used to discuss property, politics, economics and finance, precious metals, crypto currency, debt management, generational divides, climate change, sustainability, alternative energy, environmental topics, human rights or social justice issues, and other topics on a case by case basis. Topics unsuitable for the main forum may be discussed in the lounge. You agree you won't use this forum to post material that is illegal, private, defamatory, pornographic, excessively abusive or profane, threatening, or invasive of another forum member's privacy. Don't post NSFW content. Racist or ethnic slurs and homophobic comments aren't tolerated. Accusing forum members of serious crimes is not permitted. Accusations, attacks, abuse or threats, litigious or otherwise, directed against the forum or forum administrators aren't tolerated and will result in immediate suspension of your account for a number of days depending on the severity of the attack. No spamming or advertising in the main forum. Spamming includes repeating the same message over and over again within a short period of time. Don't post ALL CAPS thread titles. The Advertising and Promotion Subforum may be used to promote your Australian property related business or service. Active members of the forum who contribute regularly to main forum discussions may also include a link to their product or service in their signature block. Members are limited to one actively posting account each. A secondary account may be used solely for the purpose of maintaining a blog as long as that account no longer posts in threads. Any member who believes another member has violated these rules may report the offending post using the report button.

Australian Property Forum complies with ASIC Regulatory Guide 162 regarding Internet Discussion Sites. Australian Property Forum is not a provider of financial advice. Australian Property Forum does not in any way endorse the views and opinions of its members, nor does it vouch for for the accuracy or authenticity of their posts. It is not permitted for any Australian Property Forum member to post in the role of a licensed financial advisor or to post as the representative of a financial advisor. It is not permitted for Australian Property Forum members to ask for or offer specific buy, sell or hold recommendations on particular stocks, as a response to a request of this nature may be considered the provision of financial advice.

Views expressed on this forum are not representative of the forum owners. The forum owners are not liable or responsible for comments posted. Information posted does not constitute financial or legal advice. The forum owners accept no liability for information posted, nor for consequences of actions taken on the basis of that information. By visiting or using this forum, members and guests agree to be bound by the Zetaboards Terms of Use.

This site may contain copyright material (i.e. attributed snippets from online news reports), the use of which has not always been specifically authorized by the copyright owner. Such content is posted to advance understanding of environmental, political, human rights, economic, democratic, scientific, and social justice issues. This constitutes 'fair use' of such copyright material as provided for in section 107 of US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed for research and educational purposes only. If you wish to use this material for purposes that go beyond 'fair use', you must obtain permission from the copyright owner. Such material is credited to the true owner or licensee. We will remove from the forum any such material upon the request of the owners of the copyright of said material, as we claim no credit for such material.

For more information go to Limitations on Exclusive Rights: Fair Use

Privacy Policy: Australian Property Forum uses third party advertising companies to serve ads when you visit our site. These third party advertising companies may collect and use information about your visits to Australian Property Forum as well as other web sites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here: Google Advertising Privacy FAQ

Australian Property Forum is hosted by Zetaboards. Please refer also to the Zetaboards Privacy Policy