Investor Update | 8th April 2024
Stay up to date on the latest on Property Investing and Market Trends in Newcastle and Lake Macquarie.
Hosted by Nicole Hoare
In less than 4 minutes, we cover:
???? 4 investment strategies in property and how each can align best with investor's goals and circumstances which include:
1. Purchasing your first home
2. Buying and holding
3. Renovating and holding
4. Flipping a property
???? Below is an overview of our agency's leasing activity over the past week. Presently, our vacancy rate stands at 0.68%, while we are currently at 12.6 average days on market for the last 30 days
Number of tenant enquires 270
Number of inspections scheduled 15
Applications received 80
Properties leased 3
Looking to know more about our Property Management service and how we can remove the stress and maximise your return, book in a meeting with Investor Consultant, Nicole Hoare using the link below:
https://calendly.com/nicolehoare-c21-newcastle
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We hope this message finds you well. We’re excited to bring you the latest updates on our property management services and industry changes, all designed to keep you informed and protect your investment.
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Leasing Activity: In August, we successfully leased 32 properties, with an average rent of $656. Properties were on the market for an average of 9.5 days, generating 1,109 inquiries, 345 inspections, and 291 applications.
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