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Unveiling Australian Capital Territory's Top Suburbs: Discover the Average Length of Rental Stay in Your Neighborhood!
The average length of time a tenant occupies a rental property.The average length of rental stay data can be useful for property investors and those looking to move as it provides insight into the stability of a neighborhood. For property investors, a high average length of rental stay indicates a stable rental market with tenants who are likely to stay for an extended period, reducing the risk of vacancies and turnover costs. For those looking to move, a high average length of rental stay can indicate a desirable neighborhood with a strong sense of community and low turnover rates. Additionally, this data can also be useful for assessing the livability of a neighborhood, as a stable rental market can indicate a well-maintained and attractive area. For example, a suburb with a high average length of rental stay may have well-established schools, parks, and amenities that make it an attractive place to live. Data from 2022
| Area | Value |
|---|---|
| 1. 2602 - Watson | 1000 days |
| 2. 2620 - Googong | 970 days |
| 3. 2604 - Narrabundah | 770 days |
| 4. 2612 - Campbell | 710 days |
| 5. 2618 - Hall | 680 days |
| 6. 2614 - Scullin | 440 days |
| 7. 2611 - Weston (ACT) | 400 days |
| 8. 2617 - Belconnen | 380 days |
