Vacancy Rate Data Release – 18 Jan 2021

Vacancy Rate is the percentage of vacant rental properties in an area reported at the end of quarter period. The lower the rate, the better. Low rates are indicative of under-supplied markets with upward pressure on rents and cash-flow yield. It’s much easier to find tenants in these markets.

Vacancy Rates as well as Discounting, DoM and DoRM metrics will be included in all HtAG Store Reports starting from Jan 18, 2021.

Announcing New HtAG® Team Member

We have seen a couple of very good years at HtAG. The organization has experienced substantial growth — we have gone from 200 subscribers in 2018 to an excess of 1,700 this year. There are many new features in the pipeline and we are also looking at expanding internationally, bringing data science to property investors in New Zealand and Asia.

On that note, we are ecstatic to announce that Vedran Maric has been appointed to the role of Head of Finance and will be joining the HtAG board of directors. Mr. Maric has spent the last 11 years with Citibank Australia undertaking a variety of senior roles.

Property Market Outlook for Casey City, Victoria

Named after the 16th Governor-General of Australia, Lord Casey, the municipality came into existence as a result of the merger between some parts of the City of Berwick, Shire of Cranbourne and the City of Knox. Being the most populous city in Victoria, Casey City has a thriving real estate market with a big demand for houses to both own and rent as well as a somewhat smaller demand for units.

Kingborough Council, Tasmania

Sample report for Kingborough Council, Tasmania. The report showcases suburb ranking, forecasts and market cycle analysis for the area as a whole as well as individual suburbs that it’s made up of. Paying members will have access to this type of reports in 400 areas Australia-wide. This report is valid as at 25 January 2019. The numbers will change once we collect new data for the area – most likely in late February 2019.

Port Phillip, VIC Report (Units)

Port Phillip has had turbulent performance in the past 5 years. This area presents clear growth and decline cycles with a minor uptrend forecast. Generally, LGAs with this type of dynamic are better suited for long-term investors. Trying to time the market would be unwise in these conditions.

Camden, NSW Report (Houses)

Camden has a clear non-volatile price trend that is commonly a good indicator of high level of confidence in the trajectory of future price movement. This area has a strong historical demand indicator for housing stock. This means that demand is likely to remain at a historical average and maintain the uptrend which in this case is a precursor of price growth. We project that this area’s median house price is expected to grow 6% in the next 2 years. This is in comparison to an average of 5 % state-wide prediction in NSW.