August was another strong month for our leasing portfolio, reflecting both market stability and effective engagement strategies. Our CBD assets remain fully occupied, with all tenants settled in for the university semester, while suburban vacancy continues to stay exceptionally tight. Our portfolio is currently sitting at an impressive 1.2% vacancy rate, highlighting our proactive leasing approach.

We also achieved a strong leasing uptake at our new building, 20 Addison Road, Marrickville, with only one unit remaining. This result is a testament to our effective marketing strategies, strong follow-up skills, and the collaborative efforts of our team.

Key Highlights for August

• 348 enquiries serviced – driven by strategic marketing and a strong market presence.
• 26,798 campaign views – maximising exposure across high-performing digital channels.
• 205 tenants inspected – with 60% of all enquiries attending an inspection, showcasing the strength of our follow-up process.
• 29 properties leased: we proudly leased 16 apartments in our latest edition to our growing portfolio, 20 Addison Road, Marrickville.

Market Outlook

Looking ahead, we expect vacancy rates to remain tight in the CBD throughout the university semester, with student demand continuing to drive strong occupancy. Similarly, suburban markets are anticipated to stay highly competitive, supported by limited supply and ongoing leasing activity. With these conditions in place, we anticipate a positive outlook for the next quarter.