News Archive
What is your tenant thinking?
18 November 2011
Would you like to know what your tenant is thinking? And what the sensational headlines in mainstream media don’t tell you? Tenant Sentiment Well despite record vacancy rates, which I will come back to; we have found tenant sentiment is down. A distinctly higher proportion of prospective tenants attending open inspections are lacking a sense of urgency and willingness to commit to ... read news item »
July 2011 Rental Market Update
19 July 2011
I am pleased to advise that the average rent across our managed properties has increased from $527/wk to $548/wk since the start of the 2011 calendar year. This is due to both increased rental demand and great negotiating by our property managers. Well done! (Refer to graph below) Despite now being in a winter market we have seen our vacancy rates continue to remain very low . Our vac... read news item »
2011 Winter Leasing Strategy
19 May 2011
As we ease our way into autumn, it has been reassuring to see our vacancy rate continue to drop hitting a 12 month low of 0.56% for the month of April 2011 . Not bad at all for this time of year! Focus continues to achieve vacancy rates substantially lower than that published by the Real Estate Institute of NSW Sydney metro area (Refer to the Vacancy Graph at bottom of the page). This ... read news item »
2011 Rental Market Prediction
22 February 2011
I am excited to announce that 2011 has started with a bang! We saw strong rental enquiry and great attendance at inspections from the first week of January. Normally we would not start to see such strong demand and enquiry until the later part of the month, with the exception of the Sydney CBD area, being a slower than usual start, however rental stock was moving well by mid February .... read news item »
Sydney Rental Market Update - November 2010
09 November 2010
Since last month the rental real estate market has really improved. We have seen less rental property stock coming onto the market, which is good for investors. That means greater demand from the tenants and increased rents! Having said this, the level of demand we are seeing is not as strong as we would usually see at that time of the year. So let’s take a look at... read news item »
Rental Market Update - October 2010
18 October 2010
I have to say that during the month of September it was a little quieter than we expected, with the first three weeks a little bit disappointing to tell you the truth, however the last week of September we saw demand pick up quite considerably with half of our rental stock disappear within the last seven days of the month. As far as vacancy rates go we saw them hovering around 1.4% ma... read news item »
Rental Property Cash-flow Management
10 September 2010
If you would prefer to watch our video version on YouTube click here . Now we are in September and it’s good to see July and August are now behind us as they were challenging months to move rental stock. Despite still being a relative soft rental market we have seen vacancy rates tighten up by about 25% ; an improvement from 2% to 1.5% during August across our property management... read news item »
How Focus Maximises Rental Occupancy for your Property
05 August 2010
If you would prefer to watch our video version on YouTube click here . No doubt about it, we are definitely in a winter market! We have seen reduced rental demand and vacancy rates almost double , rising to 2% by the last week of July. The last time we hit 2% vacancy rates on our portfolio was the first two weeks of January this year and previously June and July 2009. (Refer to graph)... read news item »
Residential Tenancy Act Update
10 July 2010
In June we experienced between 2-3 times the level of leasing activity compared to the same period in 2009 with reasonable turn-outs at rental inspections with the exception of the Queen's Birthday long weekend. Our occupancy rate is currently at 98.7% compared with 98% for June 2009 and the average rent across our managed properties is $524/wk . This is up $46/wk or 9.6%... read news item »
Top Performing Rental Growth Suburbs
08 June 2010
Did you know? Focus currently manages around ¼ billion dollars in real estate in over 70 suburbs of Sydney . Despite moving into a winter market we are still seeing vacancy rates consistently hovering around the 1% mark. We are seeing a good attendance at rental inspections rain, hail or shine and we have had some real encouraging leasing results through the mon... read news item »
Get Focus to Manage Your Property
Enquire Now1.12%
as at 14/05/2012
