Looking to rent? Don’t try this Coast suburb
Caloundra vacancy rates are so tight, a rental can be listed and approved within 24 hours.
Its 0.6% vacancy rates are the tightest in the state compared to 1.4% for the Sunshine Coast and 2% for Brisbane surrounds.
The REIQ released its September quarter vacancy rates yesterday revealing a general tightening of most rental markets throughout regional Queensland as employment opportunities attract workers. That trend is said to be responsible for the Coast’s low vacancy rates with a smorgasbord of new infrastructure bringing jobs.