Belle Property

Rental Market Update. In the first quarter, we rented out a total of 94 properties in comparison to the previous year which saw 79 properties rented in that same time frame. 25 of the properties were rented in one week! This demonstrates the continued growth in the rental market and the number of people needing rental properties in Canberra and the surrounding region. Rachel Hooper | 0431 390 998 From our Business Development Manager, Rachel Hooper. Throughout quarter one of this year, we noticed a large increase in Defence and post- graduate tenants and applications. We saw many families preferring houses in the Inner South Suburbs for long-term leases. The property management team were able to secure pre-approved tenants for off-market rental properties by utilizing our database and our extensive knowledge of what tenants need. Across the three- month period, the average weekly rent for properties we rented was $674.