Perth’s rental vacancy rate has increased to 5.7 per cent, with the median rent in Perth now $400 per week. The total number of properties available for rent is currently 9,373 according to REIWA.
Tenants are very informed with the current rental market decline and if a property is overpriced they will not inquire about it. Getting the price right can mean the difference between getting a Tenant quickly and the property sitting vacant for months.The market dictates the rent.
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Wellstead Team 
