Fernvales rental market is currently a strong performer with a recorded healthy gross yield of 5.1%. Furthermore, the rental vacancy rate recorded across the suburb in November 2013 was a low 2.4%.
To put this into perspective, a vacancy rate of 3% is considered to be indicative of a balanced market where there is a supply / demand balance in place. Evidently, given the low vacancy rate being recorded combined with the high gross rental yields currently being achieved the market is undersupplied with sufficient rental dwellings to service demand.
Some of our Package Features are; – Modern Stainless Steel Appliances – Open Plan Family/ Dining/ Kitchen – Ensuite to Main Bedroom with W.I.R – Reverse Cycle A/C & Ceiling Fans – Built In Robes – Covered Entry – Covered Entertaining Area – Fully Fenced & Landscaped – Double Automatic Garage – 6+ Star Energy Rating – Plus more
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