2-3 weeks ago our vacancy rates showed a definite improvement and we started to get more enquiries.

The last 2 weeks have seen a big jump in tenants vacating. Applicants are asking for extras such as air-conditioners and washing machines as an enticement. The move away from apartments/units to houses or duplexes is still apparent and consequently we are having difficulty renting near/inner city apartments. We don’t see it getting better with the number of new units coming on stream.