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Doober, Not sure of vacancy rate as a % in Gracemere but last October there were around 240 vacant rentals which has come down to about 130 last time i looked. Still not great but an improvement none the less. My friends place became vacant a few weeks ago and he has already found a new...

I've got a house in Gracemere. Performed well for me never been vacant longer than a week and rents continually increasing. Purchsed in 2004 for 180 and $160 rent, now worth 320 and $360 rent.