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Coffs Harbour's Hottest Rental Markets: Quarterly Turnover Rates for Houses Revealed!
The change in the percentage of rental houses whose tenants move out, measured over a 3 month quarter. A positive value indicates an increase in the number of people moving out of rentals.The quarterly rental turnover rate for houses can be a valuable tool for property investors and those looking to move. For property investors, this data can help them identify suburbs with high rental demand and low vacancy rates, which can lead to higher rental yields and capital growth. 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 indicate a transient population or issues with the quality of housing or amenities. For example, a suburb with a low turnover rate may be more desirable for families or those seeking a stable community, while a suburb with a high turnover rate may be more attractive to young professionals or students. Overall, the quarterly rental turnover rate can provide valuable insights into the rental market and the livability of different suburbs. Data from 2022
| Area | Value |
|---|---|
| 1. Bellingen | 14% |
| 2. Coffs Harbour | -8% |
| 3. Clarence Valley | -12% |
