Business
Concerns tight Gold Coast rental market means tenants won’t assert their rights – ABC News
With median vacancy rates below one-third of what’s considered “balanced”, there are concerns many renters are taking dud deals just to secure a property.
There are concerns that low vacancy rates in the Gold Coast rental market are discouraging tenants from asserting their rights with real estate agents and landlords.
Key points:
- About 36 per cent of Queenslanders rent, but with median Gold Coast vacancy rates less than one-third of what’s “balanced”, tenants are scrambling for properties
- Tenant advocates worry some are accepting rent increases or unfair conditions to secure a property
- However, a real estate industry body is warning against drastic…
Continue Reading
-
Noosa News20 hours agoPilot left with life-threatening burns to his body as plane crashes to ground in Raglan, Queensland
-
Noosa News14 hours agoTeenage girl killed in house fire in Lawnton, Queensland as police probe potential e-bike link
-
Noosa News24 hours agoBrisbane Lions beat Carlton by 35 points to set up third straight AFLW grand final against Kangaroos
-
Noosa News22 hours agoWhen will my HECS debt be cut? Millions of Australians wake to 20 per cent cut