September was a stable month for our rental 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 remains exceptionally tight. With minimal tenant movement across the portfolio, we achieved a record low 0.5% vacancy rate, underscoring our proactive leasing approach and strong tenant retention.

Key Highlights for September

• 22,093 Listing Views – Achieved across campaigns, reflecting optimised exposure through high-performing channels.
• 286 Enquiries Serviced – Consistent enquiry maintained through strategic marketing and a strong market presence.
• 155 Tenants Inspected – 54% of all enquiries attended inspections, demonstrating our effective follow-up and engagement capabilities.
• 17 Properties Leased – The portfolio’s low vacancy rate results in fewer listings on the market and consistently short turnaround times between tenancies.
• 4th of 168 Agencies Across Sydney – Holding 3.53% of all listings, highlighting our strong market position and competitive performance.

Market Outlook

Looking ahead, we expect the CBD portfolio to remain fully tenanted and stable through to mid-November, supported by minimal tenant movement. In the suburbs, vacancy is expected to stay exceptionally low, driven by limited supply and sustained leasing activity. Overall, these conditions point to a positive and stable outlook for the next quarter.