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Perth tenants were active during the March 2019 quarter, with reiwa.com data showing leasing volumes surged nine per cent in the first three months of the year.
REIWA President Damian Collins said the Perth rental market continued to improve, with landlords now the beneficiary of the current market.
“Almost all key market indicators showed improvement during the March quarter, causing the Perth vacancy rate to decline to 2.5 per cent. This is the lowest quarterly vacancy rate we’ve seen since the March 2013 quarter, putting the Perth rental market in favour of landlords,” Mr Collins said.