Boom hurts rental market

PERTH real estate agents are describing the winter just past as the worst ever for rental vacancies.

And while the market traditionally slows down in the cooler months, some agents are suggesting rental vacancy figures are well above those released by the Real Estate Institute of WA.

REIWA figures for the August quarter place the overall vacancy rate in Perth at 4.7 per cent. In comparison, the average vacancy rate for Perth is 3 per cent.


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