What a week for rentals!

Ray White Beecroft opened on 3 Jan, whereas many agencies stayed shut for that week. We were inundated with requests to see rental properties, and got lots away over the next week. Vacancy rate had shot up to 3.5% at end of the year, due to all the new vacant properties listed with us, but is already back at 1.8% with a number of applications still being processed. Our average vacancy rate last year was 1.1% and we should be back there soon.