Brisbane has the second largest residential vacancy of any capital city in Australia. In March, data from SQM research shows the vacancy rate is over 10, 000 properties for rent in the city, making up 3.2 percent of the market. Only the city of Darwin has a higher rental vacancy at 3.6 percent of the market. Other cities such as Melbourne sit on a vacancy rate as low as 0.6 per cent. The rental prices in Melbourne and Hobart are continuing to rise in response to the high dema

The impact of poor maintenance, poor facilities or noise can destroy the returns on a rental property. With capital appreciation in city apartments set to stabilise or even decrease in some cities, this is more critical than ever. The modern rental property is valued on a rental return of between 3.0% and 7.0% depending up on the market, the likelihood of capital gains in that location, and the market demand for property in that area. The typical investor looks for somethin