Welcome Guest [Log In] [Register]


Reply
Rents fall in Perth and Canberra - RP Data September Quarter Rental Review; Melbourne +2.6, Darwin +1.5%, Hobart +1.5%, Adelaide +1.4, Sydney +1.0%, Perth -2.7%, Canberra -2%
Topic Started: 16 Oct 2014, 10:05 PM (4,078 Views)
Admin
Member Avatar
Administrator

Quote:
 
Rental listings drop, yet may be seasonal result: SQM Research

Jennifer Duke | 16 October 2014

Rental listings drop, yet may be seasonal result: SQM Research

The vacancy rate across the country fell during September to 2.2%, at 64,458 vacancies, according to SQM Research.

Stable vacancies were seen over the past few months, with this being the first notable decrease, which SQM Research’s managing director Louis Christopher notes that it could be due to seasonality. Earlier years have reflected similar decreases.

The current vacancy rates, for September 2014:

Perth: 2.5%
Melbourne: 2.5%
Brisbane: 2.2%
Canberra: 2.1%
Darwin: 1.8%
Sydney: 1.7%
Adelaide: 1.5%
Hobart: 1.4%

All capitals fell over September, excluding Darwin which has seen a 1% increase over the year and a 0.3% increase over the month.

Perth, where there has been a substantial softening of 1% over the year as well, saw a 0.1% reduction over the month.

The surprising result is Hobart, where SQM Research notes that a recovery appears to be in progress. The capital recorded the largest yearly decrease – dropping 0.5% from 1.9% in September 2013. Over the month it fell a further 0.2%.

Read more: http://www.propertyobserver.com.au/finding/residential-investment/36870-rental-listings-drop-yet-may-be-seasonal-result-sqm-research.html
Follow OzPropertyForum on Twitter | Like APF on Facebook | Circle APF on Google+
Profile "REPLY WITH QUOTE" Go to top
 
Blondie girl
Member Avatar


Despite some Perth landlords experiencing rental income drops, & a few weeks delay of getting tenants.

The overall picture is those who choose to keep renting to still need to pay their rents even if it's a little discounted for now..for some.

Keep really enjoying the property inspections , parking limitations... & for some court cases. :lol

There's some very very long term homeowners & investors who have enjoyed relishing that there's properties worth 3-8 times to what was originally paid on the O/A. The rule is one shoud NEVER sell at a loss.

Just blows my mind that people like SteveKeen & those that followed him really stuffed up.

People still need to live somewhere...
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
 
Guest
Unregistered

Sydneyite
17 Oct 2014, 11:15 AM
Crazy Dave/Ted also looks at ASKING rent changes in his cherrypicked examples, not actual achieved rent changes. Apples and oranges of course... but when you only have a double digit IQ it can be hard to get your head around the nuances of this type of data. :re:
Would appear that crazy fool with such a low IQ was right.

Eight hours after your post an article comes out this morning in the SMH informing us that Sydney rents are now falling.



http://smh.domain.com.au/real-estate-news/asking-rents-fall-in-desirable-inner-city-suburbs-20141017-116mzf.html
"REPLY WITH QUOTE" Go to top
 
Haha
Unregistered

Guest
18 Oct 2014, 11:21 AM
Would appear that crazy fool with such a low IQ was right.

Eight hours after your post an article comes out this morning in the SMH informing us that Sydney rents are now falling.

http://smh.domain.com.au/real-estate-news/asking-rents-fall-in-desirable-inner-city-suburbs-20141017-116mzf.html
That article says rents are rising in two thirds of Sydney suburbs.
"REPLY WITH QUOTE" Go to top
 
Perthite
Member Avatar


Looks more and more like guest posting has failed.
Profile "REPLY WITH QUOTE" Go to top
 
Guest
Unregistered

A fall of 1% vs the rises renters coped over the last 10 years? Maybe you can throw a party with the $50/month you saved?
"REPLY WITH QUOTE" Go to top
 
Guest
Unregistered

Guest
18 Oct 2014, 11:02 PM
A fall of 1% vs the rises renters coped over the last 10 years? Maybe you can throw a party with the $50/month you saved?
I think it's about the trend that's forming, and where Perth might be in its cycle (which you correctly pointed out).
"REPLY WITH QUOTE" Go to top
 
Blondie girl
Member Avatar


Guest
18 Oct 2014, 11:21 AM
Would appear that crazy fool with such a low IQ was right.

Eight hours after your post an article comes out this morning in the SMH informing us that Sydney rents are now falling.



http://smh.domain.com.au/real-estate-news/asking-rents-fall-in-desirable-inner-city-suburbs-20141017-116mzf.html
Only some locations Ted/MMM

Don't exaggerate the reality.

The unregistered seems to have a personal reply with you....

Guest
18 Oct 2014, 11:02 PM
A fall of 1% vs the rises renters coped over the last 10 years? Maybe you can throw a party with the $50/month you saved?
Yeah
Exactly there's a party happening over zilch.
Edited by Blondie girl, 18 Oct 2014, 11:32 PM.
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
 
Foxy
Member Avatar
Zero is coming...

Guest
18 Oct 2014, 11:02 PM
A fall of 1% vs the rises renters coped over the last 10 years? Maybe you can throw a party with the $50/month you saved?
You do realise that even if rents stay the same the inflation reduces the real rental return.
So a drop in nominal is a big deal.

A 1 percent drop per year would be a considerable drop in real rental return after just a few short years.

If we get Japan style deflation it is going to hurt some people.
Peter

I still can't get over i just started saving $600 per month on one of my loans.

My average interest rate is now around 6.15%

Wow

Peter
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
 
Sydneyite
Member Avatar


Haha
18 Oct 2014, 09:26 PM
That article says rents are rising in two thirds of Sydney suburbs.
:re: QED. Ted just reads the headline designed to excite the gullible, but doesn't actually read the article or understand the data it presents.
For Aussie property bears, "denial", is not just a long river in North Africa.....
Profile "REPLY WITH QUOTE" Go to top
 
1 user reading this topic (1 Guest and 0 Anonymous)
ZetaBoards - Free Forum Hosting
Enjoy forums? Start your own community for free.
Go to Next Page
« Previous Topic · Australian Property Forum · Next Topic »
Reply



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