Part one of the series set out the causes of the rental shortage, noting a record low national vacancy rate of 1.1 per cent for the September quarter. PIPA research found that 16.5 per cent of investors had offloaded a property during the two years to August, equating to a potential loss of about 269,000 rental dwellings, roughly 160,000 of them in Queensland. A further 19 per cent were considering selling within a year.
Reported by
Cassandra Charlesworth and Kylie Dulhunty, Elite Agent, 9 December 2022
PIPA has summarised this coverage for members. Copyright in the original article remains with its publisher.
