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41,000 Victorian ex-rentals listed for sale in last 12 months: Suburbtrends

Press coverage 13 July 2024 Summary of published coverage
41,000 Victorian ex-rentals listed for sale in last 12 months: Suburbtrends

Suburbtrends counted more than 41,000 Victorian rental properties listed for sale during the 2024 financial year, with Williams Landing recording the highest share at about 38 per cent, ahead of South Yarra and Hawthorn East. Industry figures blamed higher mortgage costs and the state’s new land tax regime, at a time when Victoria’s rental vacancy rate sat at 1.47 per cent.

Reported by

Sarah Petty, Daily Telegraph, 13 July 2024

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