All projections and compilations of underlying rental listings data are compiled and published by SQM Research Pty Ltd ABN 93 122 592 036. Lois Dutton Victoria, BC Rental Vacancy Rate Lowest in Canada. Many years of experience managing accounts in a Property Management firm has helped Barb excel in client relations. So things could continue to be tight for the foreseeable future. We manage more than 550 condos, houses, townhomes and our internal vacancy rate has been near 0% the last 12 months. A new report from the Canadian Mortgage and Housing Corporation says Victoria has the lowest apartment vacancy rate of any major city in Canada. Faye is Office Manager in the Property Management Division and is responsible for administration procedures, training and results. nsw / The Hills District Our internal statistics at Duttons confirm these statistics. nsw / Canterbury-Bankstown On the other end of the spectrum, 17 states have rental vacancy rates of less than 5%, with New Hampshire reporting the nation’s lowest rate at 1.9%. After moving to Victoria from Vancouver 8 years ago, he quickly realized he had found a city that he could call home. She knew this city inside and out, and consistently won clients’ loyalty with her proven real estate expertise and thoughtful, innovative and consultative approach. For years 2001, 2006 and 2011 we use the number of total established Dwellings (as a base) by postcode as determined by the ABS census, and multiply this by the percentage of renters for each postcode also provided in the census. vic / Northern Victoria Alana comes to us from the challenging industry of social and co-op housing in Toronto, where she excelled wearing many hats. nsw / Hunter Region Top 10 lowest capital city vacancy rates. They offer housing professionals, researchers and renters detailed rental market data at the national, provincial and local levels. Brian is licensed as an Associate Broker with the company and along with achieving his Broker’s license, he is licensed in Property Management and Strata. vic / Gippsland As Managing Broker, David Logan is a licensed Property Manager, REALTOR® and co-owner of Duttons. qld / North Queensland Provincial Rental Rates. Zana has brought her expert guidance to our Duttons clients since 2008, handling both New Business Development and leading our professional team of property managers. Wishing to enjoy all the outdoor activities the city of Victoria has to offer, you’ll usually find Barb spending free time working out with her Dragon Boat team. wa / Central Coast WA When you purchase or sell your home you are starting a new adventure in your life and finding not only the right home but a community that you can feel a part of. He is a graduate of St. Michaels University School and the University of Victoria, from which he holds a Bachelor of Science degree. nsw / Lower North Shore Born and raised in Port Harcourt in Nigeria, Peace emigrated to Fort St John, BC in 2004 at the age of 15 where she ran track and got her High School Diploma. qld / Southern Queensland nsw / Central Tablelands nsw / Broken Hill-Dubbo A lifelong learner and detail-oriented, he is continually working to improve our systems for the benefit of our clients. Late last month, the Times Colonist reported that there’s “little relief in sight for renters” in Victoria. qld / Queensland North Coast With her passion for real estate and her intimate knowledge of the city, she has great enthusiasm and a desire to make her home, your home. sa / Northern SA act / North qld / Ipswich She also has a BA from UVic in Greek and Roman Studies and History. Above all, Cindy meticulously tracks the many financial details imperative to solid management and adds value to our property owners. For three or more bedrooms, Victoria renters could expect to pay on average $1,758 per month, with a vacancy rate of 0.9 per cent. vic / South East Melbourne sa / Kangaroo Island In a detail-oriented business, Brian’s skills are critical to ensure our property owner’s interests are well looked after. This is partly as a result of rising sales prices and low supply of units in the sales market, with some buyers renting longer than expected while they are competing on a purchase of a home, or simply putting off their purchase plans a bit. He is skilled at finding out what makes people tick and how they really want to live. The list was also only made up of suburbs with at least 20 sales over the 12 months to July 2019. . Finally, he obtained an internship at the Canadian Consulate in Seattle and worked in the treasury department of a Fortune 500 foreign exchange company in 2010 before joining Duttons. Courtney is the friendly voice you hear when calling the Property Management Division at Duttons. tas / West Coast act / Tuggeranong nsw / Tamworth She is often your first point of contact introducing our PM services to interested owners, and brings a wealth of experience to her position. It is making it stressful and tough for some families and people to secure quality rental homes. Coupled with that, her prior experience owning and managing companies has provided a strong foundation for helping clients with their needs. With the 2016 census update we have used the number of renters as counted plus a proportion of renters multiplied by occupant not stated nor applicable. Reiner understands the importance of clear communication, diligence, and professionalism. Reiner Theil is a Real Estate Advisor proudly serving Buyers and Sellers across Greater Victoria and Southern Vancouver Island. She is responsible for answering questions regarding rental properties, booking showings for applicants, processing applications, answering the phone and other office administration tasks. Quite effortlessly, Kayla keeps her eyes on hundreds of details across dozens of ongoing projects, including changes of tenancy and bringing new properties on board. Lois and her husband Barry founded Duttons & Co. Real Estate Ltd. in 1995. Whatever your fancy, you’ll find it here. That's up from 0.5 per cent, which was among the lowest vacancy rates in Canadian cities. His success was a result of his focus on building relationships to align with the company’s values and subsequent goals. There are some people you never forget. nsw / Parramatta vic / Western Victoria At present, it has dipped to an all-time low of 1.5%. As a proud member of the Duttons family, David carries the values of hard work, integrity, and outstanding client service into everything he does. wa / Perth City David lives in Fairfield with his wife and three beautiful children. June 06, 2008 04:48 AM. Faye understands the importance of tracking details. We’ve got the inside scoop on your favourite neighbourhood or just real estate trends in general. Faye’s experience with tenants and the housing industry enables her to bring high quality customer service to Duttons every day. The region has a total of 26,371 rental apartment and townhouse units, up from 25,580 a year ago. During his five years of studies at UVic, Reiner was a captain and player on the Varsity Men’s Basketball team, helping lead the Vikes to the CIS National Championships three years in a row. Faye brings care and compassion to her work and helps organize the many details involved in successful property management. REIV President Richard Simpson said a vacancy rate of at least three per cent is required for a healthy rental market: where there is enough vacant housing supply to meet demand. She truly values the trust her clients place in her and strives to exceed their expectations. There are new rental buildings on the way as well as well as other housing initiatives planned, but they aren’t coming fast enough to keep up with the rental demand. The data and projections should be used as a guide only and should not be relied upon in making investment decisions. nsw / Eastern Suburbs He’s even happy to view properties and go to meetings on his bike! At Duttons, Alana uses her talent in organization and prioritization to fill the role of Operations Coordinator. The industry of yachting demands exceptionally high standards and she has carried these specialized skills into her real estate business. Outside of the office, Reiner is an avid foodie, craft beer enthusiast, and traveller. Vacancy rates & rental discounting fall, but no recovery for the rental market yet - 15 July 2020. After living in six cities in three countries he understands the importance of a community. VREB MLS® Award Winner 2009, 2010, 2011, 2012, VREB MLS® Silver Award 2009-2013, 2018, 2020. With experience in Customer Service since 2006, Courtney brings an infectious positivity and helping-hand to our team. In his down time, David enjoys riding motorbikes, becoming a better bebop jazz guitarist and cycling through the neighbourhood. This provides an estimated available total stock for rent. nsw / Blue Mountains Reiner holds a Bachelor of Commerce from the University of Victoria’s Gustavson School of Business with a specialization in Service Management. vic / Bayside The region’s vacancy rate is heading towards 1.6 per cent by October 2020, according to the Canada Mortgage and Housing Corporation (CMHC)’s analysis of the local market. With 14+ years of real estate experience, Ole has earned a reputation as a local award-winning real estate expert and business leader. Peace is the Client Success Manager in the Real Estate Division here at Duttons Real Estate. tas / East Coast Duttons uses 'cookies' to enhance the usability of its website and provide you with the best experience on our website. When not keeping our operations running smooth Kayla spends time walking her two dogs and keeping up with her daughter. David has experience living in many areas of Victoria and would love to show you what each community has to offer. With a passion for customer service in the Victoria and Southern Vancouver Island area, David is ready to apply his professional and personal touch to all of your home buying and selling needs. Kayla brings her experience in organizational performance to our Property Management team, helping ensure countless details are acted upon efficiently. Not only are property prices surging, but rental prices continue to grow in Victoria following another month of low vacancy rates. With a positive outlook in the office, Barb brings a warmth that is infectious. Beach renters wanted! Atul Sachdeva grew up in the Niagara region in Ontario. The capital region’s vacancy rate in private, purpose-built apartments was 1.2 per cent in April, . qld / Toowoomba If you’re looking to rent, be sure to check our rental listings page often, as we update the listings daily. The lowest level of availability in nearly a decade is expected to start putting a holes in the pockets of suburban and regional renters in coming months. vic / Eastern Melbourne nsw / Liverpool Continually learning and keeping abreast of changes within the industry, Zana is always seeking more knowledge to impart to both our residents and property owners alike. He enjoys cycling Victoria’s beautiful coastal roads, exploring the Island’s many hikes and beaches, and travelling abroad with his partner, Jordyn. wa / Northern WA Barb works closely with our Senior Property Manager and is responsible for setting up new Property Management clients. qld / Queensland Central Coast qld / Beenleigh Corridor Cindy is responsible for delivering the timely financial reports clients require and works closely with local accountants on behalf of our clients living abroad. Susanne is involved in all aspects of the Sales Team and coordinates between our clients and their lawyers/advisors. When working together to reach their unique real estate goals, Ainsley’s clients appreciate her high level of integrity, personable nature and low-pressure approach. sa / Yorke and Lower North SA She understands the importance of exceptional customer service and greets our clients from our Sales Reception daily. wa / North West Perth For Ainsley real estate is about more than just sales, it is an opportunity to build lasting relationships with her clients. nsw / Inner West qld / West Queensland In his free time, he loves exploring new destinations, planning a renovation, and spending time with his wife Genevieve. Ole is also comfortable in a world of cultural, ethnic and economic diversity, having worked in South Korea for five years. Zana holds licenses in both Property Management and Strata Management and understands the importance of superior tenant relations and how that translates to success for our property owners. sa / Outer Adelaide Victoria's Surf Coast is the most impacted and has an official rental vacancy rate of zero. * The Special Gold Award is awarded to those representatives who’ve won a Silver or Gold MLS® Award in five of the last seven years Duttons & Co. Real Estate Ltd., 394 Moss Street, Victoria, BC, Canada V8V 4N1, Copyright © Duttons & Co. Real Estate Ltd. | Privacy Centre. nsw / Western Sydney Ainsley’s passion for real estate began when she and her partner purchased their first investment property and part time home in Costa Rica more than 10 years ago. nsw / Wollongong PM Office Manager l Maintenance Coordinator. Away from Duttons, you might see Jenny exploring one of the many beautiful trails in the westshore, where she lives with her family. Rent increase likely as vacancy rates fall. vic / South Western Victoria nt / Southern NT David oversees the licensed activity of the property managers and handles the daily management of the brokerage, with an active portfolio of almost 500 properties. When she is not working, Peace loves to read and review books, volunteer with the local community groups and explore the wonderful city of Victoria with her husband David and son Judah. In fact, both our clients and suppliers know how personable Jenny is, and how keen she is to help. An apartment building rental office is shown in Toronto on Thursday, Dec. 1, 2011. Peace works closely with our Managing Broker, Ole Schmidt and our Realtors to ensure a seamless experience from start to finish. The last time we had an extremely tight rental market (between 2003 and 2008), the vacancy rate stayed well below 1%. The lowest rental vacancy rate of 2020 was 5.7% in the second financial quarter. Most importantly, Jenny works diligently to ensure our team is well informed and has all of the materials they need to facilitate the successful marketing of a property. With a keen understanding of the real estate market and acumen for sales and negotiation, Ole leads our successful boutique Sales Division with over $267 Million** in sales; ranking in the top 10% of the Victoria Real Estate Board membership in terms of sales volumes in 2019, 2014-2017. act / Weston Creek Jenny is invaluable as an Assistant to the Sales Team. wa / Goldfields Region WA All listings are taken from online monitoring of major listings sites. Rental vacancy rates have also continued to decline in Regional Victoria over the last 15 years and are now at an all-time low of 1.5 per cent (compared with 2.3 per cent in July 2017). tas / Launceston His exceptional marketing skills and forward-thinking business strategies are invaluable when working with David Logan on the strategic planning of the Property Management Division, which has an active portfolio of almost 500 properties. National rental vacancy rates decreased in June - 14 July 2020. Her legal knowledge and expertise is invaluable and her deep knowledge of the Residential Tenancy Act enables Zana to guide our clients through complex property issues and maximize their property’s potential. Intuitively understanding how speed of response links to client success, Kayla is adept at keeping the team organized, plus gathering statistics and providing feedback to help gain insight into how to further improve our systems. . Today Susanne skillfully handles Sales Conveyancing and acts as our Accounts Manager. The rental vacancy rate for Metropolitan Melbourne, meanwhile, was lowest in June/July 2008 at 1.7%. Ole’s patient, detail-oriented and knowledgeable approach to real estate, makes him endearing to both clients and fellow real estate colleagues. She brings years of experience in real estate, having honed her skills as a key member of a real estate brokerage in Ontario. He also has a passion for travelling and exploring different corners of the Earth. Five of the top 10 areas with the lowest rental vacancy rates in 2018 were in Tasmania—where the market has been holding up in recent years. The median listing price for houses is $524,500 and this has changed 0.67% over the past year and changed 0.28% over 2 years. Lois was an avid reader with a keen eye for trends, always keeping her finger on the pulse of the real estate market. vic / North West Melbourne Victoria’s Melbourne City, Stonnington and Whitehorse West are reported as having some of the highest vacancy rates across the country, with Melbourne City seeing rates of 14+ per cent. wa / South West Perth While this career brought extraordinary travel opportunities, it also taught her a strong work ethic, attention to detail, a solution-oriented mindset, and the ability to anticipate client needs. Among rental vacancies, 31.5% are available for rent. The REIV’s latest data shows Victoria’s rental vacancy rate has dropped to its lowest level of 1.8 per cent since the institute started collecting the data in 2002. qld / Gold Coast South Similarly, Regional Victoria’s rental vacancy rates trended lower, having continuously declined over the last 15 years. The REIV’s latest data shows that Victoria’s rental vacancy rate has dropped to its lowest level of 1.8 per cent since they started recording in October 2002. Even so, renters in Greater Victoria are still faced with an extremely low vacancy rate. act / Belconnen Courtney has lived in Victoria, BC since she was an infant. * The President’s Award is awarded to those representatives who’ve won a Silver or Gold MLS® Award in ten of the last thirteen years As a leader she developed long-term action plans and training materials, and supervised their advanced social media strategy. We manage more than 550 condos, houses, townhomes and our internal vacancy rate has been near 0% the last 12 months. Werribee is a suburb in the Wyndham Region of Victoria. When not at work he enjoys sports, outdoor activities, gardening and sampling the culinary delights of Victoria. The monthly rental data from the REIV shows median rental house prices have shot up across Melbourne by $10, with units climbing also by $10 since October 2018, following a. vacancy rate of 2.2 per cent for Melbourne last month. Reiner’s approach to real estate is simple: find out the needs and interests of his clients and deliver timely results that matter most to them. Select region: Vacancy rates by suburb / postcode; Implied gross rental yield for Melbourne; Asking sale price for Melbourne; Asking rent for Melbourne; Stock on market for Melbourne; Weekly rent listings for Melbourne; Vacancy rates for Melbourne wa / North East Perth CoreLogic research analyst Cameron Kusher said the ‘best for rents’ areas had vacancy rates of less than 3% and demonstrated consistent rental growth. She knows and loves this city and is proud to call it her home. Interestingly, units were considered to have better rental yields than houses in Woree. REIV President Richard Simpson said a vacancy rate of at least three per cent is required for a healthy rental market, where there is enough vacant housing supply to meet demand. Her values include excellent customer service, as well as speed, strength, and consistency of performance. nsw / Sydney CBD nsw / North Coast NSW By David Stevens. sa / Northern Adelaide He works closely and tirelessly with the property management team to enhance and protect our clients’ assets. Working seamlessly alongside our Senior Manager on a daily basis helps ensure our clients are able to receive the highest level of service in the industry. Faye has assisted the Property Managers in all of their administrative duties since 2009. Vacancy rates in Victoria for renters have been very low, sitting at just 0.6% according to the Canadian Mortgage and Housing Corporation (CMHC). Having operated her own Property Management and Sales business for fifteen years prior to joining Duttons, Cindy is able to offer a high level of experience and expertise to both our clients and Duttons itself. Whether you are purchasing your first home, buying an investment property or downsizing, David will help guide you through the process with care and professionalism by creating a stress free and fun experience. qld / South East Brisbane Prior to real estate, he held roles in digital marketing, business development, and retail management, giving him a keen understanding of market analysis and exceptional customer service. As a trusted advisor in the sale or purchase of a property, he strives to create a relationship built on pillars of transparency and integrity with all parties involved. This includes data on vacancy rates, average rents and more for various types of rental housing across Canada. act / South qld / Southern Brisbane Years and months in between census points are interpolated. Rental vacancies are falling sharply - 14 July 2020 act / Gungahlin June 28, 1941 – October 19, 2019. The series starts off in January 2005. Those advertisements with no addresses are excluded from the series. Brian brings exceptional operational abilities to Duttons. Barry and his wife Lois founded Duttons & Co. Real Estate Ltd. in 1995. Only those listings that have been advertised for three weeks or more are used. tas / Central Hobart He has more than 20 years experience managing companies and has utilized his business skills to develop an atmosphere of collaboration, speed of response and a level of attention-to-detail that is unsurpassed in the industry. Rental prices continue to grow in Victoria following another month of low vacancy rates. qld / Gold Coast Hinterland They soon became known as a local success story, delivering a brand of service based on integrity, dedication, fresh ideas, and exceptional results. David is excited to be applying his vast customer service experience to serve Victoria and the Southern Vancouver Island community as a real estate professional. qld / Brisbane CBD Capital city rental vacancy rates – January 2021 City Peace also assists with some aspects of marketing including blogging, content creation and client engagement on social media. At $1,905, Ontario’s rental rate was second highest, while Newfoundland and Labrador was the lowest at $934. David grew up in Vancouver where he was a businessman/entrepreneur, developing and operating three successful companies. We have addressed those issues. She prides herself in her commitment to professionalism and self-improvement, as well as her ability to embrace difficult conversations. nsw / Murray Region His organizational, time-management and communication skills help ensure the many complex details of our property portfolio are tracked. She has extensive experience in the Housing Department of the University of Victoria, as well as in Co-op Housing and hospitality. With over 15 years of experience in the Sales industry, Peace brings a wealth of experience and specialization in Relationship Management, Customer Retention, Customer Service and Customer Satisfaction. We also previously shared some tips for tenants to prepare for the rental market, so when the right property comes up they can have a complete application at the ready. The Rental Vacancies component is based on all monitored and unique online listings for the period of a calendar month. Courtney spends her free time with her fiancé, good friends and her two adorable cats. Our internal statistics at Duttons confirm these statistics. But the CMHC report says the average rent in Greater Victoria is … On a provincial level, British Columbia remained on top, edging out Ontario for the highest national rental rate in March 2021, with landlords seeking $1,915 per month on average (all property types). When David isn’t making home ownership dreams come true for his clients, he enjoys spending time travelling, going to the gym, spending time with his family, and coaching his son Jackson’s baseball team. He worked for more than 20 years in a national retail pharmacy chain managing stores in different areas and demographics and was the Regional Director of Operations in Saskatchewan, Alberta and British Columbia for 8 years. After University he moved to Japan to become a Junior High School English teacher. nsw / St George Her career background and diverse living experiences help immensely when communicating both externally and internally throughout the company. After graduating from high school David moved to Victoria in 1999 to pursue a degree in Psychology from the University of Victoria. Clients know she works tirelessly on their behalf, bringing dedicated skill and passion to their property. wa / South East Perth act / Inner North Prior to his role at Duttons, David also worked in Shanghai, China where he turned his attention to real estate through luxury property leasing. However, ultra-low rental vacancy rates are actually not new for Victoria. Posted on August 9, 2016 by Duttons Editor in Property Management, Renting, Victoria. Born and raised in Victoria, Brian also has an intimate knowledge of the city. Working closely with the Property Management team she has deep knowledge of strata properties and how they function. Any addresses repeated between sites are de-duped. wa / South West WA. REIV President Richard Simpson says a vacancy rate of at least three per cent is needed for a healthy rental market: where there is enough vacant housing supply to meet demand. Great news for property investors, but a difficult situation for tenants. vic / South West Melbourne We lean heavily on Kayla’s past expertise leading a team of seven staff in 3 divisions at a successful local vehicle dealership. nsw / Central Coast Susanne has helped the company grow from its inception to present. The median rent in Ballarat Central for houses is $340 per week and the median rental yield is 3.41%. In 2008 she received the Outstanding Achievement Award from the Victoria Real Estate Board for 20 consecutive years of MLS® Gold Awards. Born and raised in Victoria B.C, Ainsley has a deep appreciation for the strengths and nuances each part of this incredible city has to offer. qld / Northern Brisbane She assists in maximizing showing appointments for our clients’ properties by fielding inquiries quickly and is able to smoothly assist tenants through rental issues. vic / North East Victoria Courtney is well-organized, productive, reliable, with a high level of professionalism, as she assists in various daily operations. Nationally, vacancy rates slipped in January to 1.9 per cent, the lowest vacancy rate since March 2020, prior to the pandemic. The monthly rental data from the REIV shows median rental house prices have shot up across Melbourne by $10, with units climbing also by $10 since October 2018, following a vacancy rate of 2.2% for Melbourne last month. 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