May Leasing Summary | Strong Foundations Ahead of Seasonal Shift
May saw steady leasing activity across the Adam Charles portfolio, with strong campaign performance and consistently low vacancy. While tenant movement remained stable, we’re now seeing signs of a seasonal shift as demand begins to lift heading into June.
Key highlights from May include:
- 478 enquiries serviced, driven by strategic marketing and a strong market presence
- 11,444 views across campaigns, delivering optimised exposure across high-performing channels
- 60% of enquiries attended inspections, highlighting our proactive follow-up and tenant engagement
- 13 properties leased, with high lease renewal rates limiting the number of available listings
- Vacancy rate at just 1.3%, well below the Sydney metro average of 2%
- Ranked 7th of 131 agencies across Sydney, holding 2.63% of rental listings
Tenant movement has picked up notably due to the university semester change, particularly among student and shared households. While CBD and inner-city stock continues to face longer days on market, our suburban assets remain tightly held.
As we move further into June, enquiry levels are expected to rise, supporting continued leasing momentum.