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Coffs Harbour's Top Suburbs: Annual Rental Turnover Rates Revealed!
The change in the percentage of rental houses whose tenants move out, measured over a 12 month period. A positive value indicates an increase in the number of people moving out of rentals.The annual rental turnover rate (houses) data can be useful for property investors and those looking to move to a new suburb. For property investors, this data can help them identify suburbs with high rental demand and low tenant turnover rates, indicating a stable rental market. On the other hand, for those looking to move, this data can provide insights into the livability of a suburb, as a high turnover rate may suggest that tenants are not satisfied with the area or the rental properties available. Additionally, a low turnover rate may indicate that the suburb has a strong sense of community and residents are happy to stay long-term. Overall, this data can be a valuable tool for making informed decisions about property investment and relocation. Data from 2022
| Area | Value |
|---|---|
| 1. Coffs Harbour | 21% |
| 2. Bellingen | 17% |
| 3. Clarence Valley | 8% |
