Strategies for Melbourne’s surging rental market

Melbourne’s rental market is running hot. Early 2024 has seen huge numbers at open for inspections, leading to significant rent increases for owners. 

This surge, while typical from mid-January to mid-March, has been intensified by an exceptionally low vacancy rate and lack of supply, creating a unique window for investors to seek premium rental rates.

Wakelin Property Advisor, Jordan Telfer, joins Jarrod to look at the dynamics and strategies at play, so investors can capitalise on the strong demand to optimise returns.