I spoke with a PM in Coorparoo earlier today. Apparently he had 7 open houses for rent last weekend and only two parties turned up to inspect! He said it's the quietest it's been in over two years.
His thoughts were the first homebuyers boost that ended earlier this year has taken a chunk out of the market, along with immigration changes that mean foreign students now have to return to their country of origin after completing studies before they can get a visa to remain and work in Australia. Throw GFC in there too for good measure, lol.
His thoughts were the first homebuyers boost that ended earlier this year has taken a chunk out of the market, along with immigration changes that mean foreign students now have to return to their country of origin after completing studies before they can get a visa to remain and work in Australia. Throw GFC in there too for good measure, lol.