LOW VACANCY: Coffs harbour's residential rental property vacancy is just 2.9%.
LOW VACANCY: Coffs harbour's residential rental property vacancy is just 2.9%. KentWeakley

Rental market remains tight

WHILE the number of rental properties available increased during July, there is still very little local stock to choose from.

According to the Real Estate Institute of NSW (REINSW) Rental Vacancy Rate Survey, Coffs Harbour's rental vacancy was at 2.9% in July, up from 2.3% in June.

"Seasonal factors are playing a role in the increase in vacancy rates (in July), as well as a reduction in activity that we often see at the end and beginning of the financial year,” REINSW president John Cunningham said.

While the local vacancy rate did experience a rise in July, it is still well off the higher vacancies we saw in May (4.1%) and April (3.8%).

The July figure of 2.9% is the third lowest vacancy rate our city has experienced during 2017.



Flagship Steve Irwin sails the East Coast against Adani

Flagship Steve Irwin sails the East Coast against Adani

Sea Shepherd to challenge global mining company in latest battle

Woman admits to drink driving six times over the legal limit

premium_icon Woman admits to drink driving six times over the legal limit

Coffs Coast woman pleads guilty to high range drink driving.

Local Partners