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RENTAL

MARKET

UPDATE

The rental markets in Waverton and Wollstonecraft have been strong all year with high demand

for both houses and apartments.

Online advertisements for one bedroom apartments in Waverton are typically receiving over

1,600 views per listing, which is the highest view rate across the Lower North Shore.

The median rent for a two bedroom apartment in Waverton is now $650 per week, which

is a 7.7% increase on 2015.

This high demand has resulted in the vacancy period for our Waverton and Wollstonecraft rental

properties being virtually at zero, and often we are securing quality tenants within one week of the

property being on the market.

The Urban Living Index ranked Crows Nest-Waverton as Sydney’s No 1 suburb; and Waverton and

Wollstonecraft were listed fifth and sixth respectively in Domain’s Most Liveable Suburbs survey.

As a resident of Waverton myself, it seems to me the secret is out and people are finally recognising

the immense lifestyle desirability of these unique twin suburbs.

To find out how we can better manage your investment in Waverton or Wollstonecraft, please call

me today.

Chris Davies

Property Investment & New Business Manager

Chris Davies

| Property Investment & New Business Manager

0401 429 898

|

chris.davies@belleproperty.com

Belle Property Neutral Bay

, 1 Young Street, Neutral Bay

9036 1000 |

neutralbay.info@belleproperty.com

|

belleproperty.com/neutralbay

Source

realestate.com.au,

December 2016,

domain.com.au

, December 2016