Business
Queensland renters paying above asking price to secure housing in competitive market – ABC News
Mother of four Cassie Windsor says she is overwhelmed trying to find an appropriate house for her family in Greater Brisbane’s tight rental market, which has its…
Families looking for rental properties in Greater Brisbane are facing intense competition in the tightest market in 10 years, with prospective tenants offering above the asking price just to secure a place.
Key points:
- Rental markets in most of Queensland, including regional areas, are extremely competitive
- The greatest demand is for standalone houses, rather than units
- It is not uncommon for 20 applicants to apply for a single property
Real Estate Institute of Queensland (REIQ) data shows Greater…
