Rental rush strikes Gympie
FINDING a rental in Gympie is becoming akin to prospecting for gold, according to real estate agencies in the area who say a rental shortage is sweeping the region.
Agencies are being inundated with applications every week, with many tenats going onto pre-approval lists or finding themselves applying for properties which have already been taken back off the market.
According to Century 21 Gympie owner Billy Mitchell executive homes are in hot demand, with a long list of tenants waiting to secure approval for one.
He said the increase in applications is driven by the market, with interest not limited to specific areas.
“I think it’s because we’re better value, and a lot of people are recognising that and moving to Gympie,” Mr Mitchell said.
“The CBD stuff seems to get snapped up pretty quick, but we find that the rural and the lifestyle stuff also. (It’s) Everything at the moment.”
Century 21 Senior Property Manager Kim Edwards said Gympie is becoming a choice location for people who work on the Sunshine Coast.
“Almost 20% of our rental roll would be travelling to the Sunshine Coast for work,” Ms Edwards said.
Gympie’s growth as a home for commuters is an idea shared by Welcome Home Rentals owner Kylie Best, who said affordability was a key factor for prospective tenants.
“I think that Gympie is becoming a really good option for those living on the Sunshine Coast because our rental accommodation is so much more affordable,” Ms Best said.
Ms Best said she wasn’t sure if it was because of a rental shortage or simply a renewed push for advertising, but there certainly was a crush for those hoping to find somewhere to live.
“We certainly have a lot of people that are really great tenants looking for properties and not enough properties to give them.”
Tarsha Johnstone, principal property manager of Property Plus, said she felt there was no specific shortage but she had noticed an increase in demand.
“I don’t think there’s ever a shortage a properties… at the moment I have very little vacant,” she said.
“When I had a few properties available I was getting considerable applications.”