Category Archives: Rental Market

Sydney’s rental rates on the rise

Sydney landlords should take note of the falling vacancy rates working in their favour.  According to the REINSW Vacancy Rate Survey (April 2013), Sydney’s vacancy rates have fallen for the third month in a row to the lowest levels in a year, with Sydney’s inner, middle and outer suburbs all declining by 0.1 per cent.

The drop in vacancies is driving rental rates higher.  Sydney is the third most expensive city in Australia for renters, with Darwin and Canberra leading the way.  Rental properties in Sydney are commanding as much as $100 a week more than properties in Melbourne.  Sydney houses are fetching a median weekly rate of $470 with units not far behind at $440, as reported by RP Data.

If you have an investment property and would like to maximise your return contact Sydney’s hardest working agents at Richard Matthews Real Estate.  Their obligation free lease appraisal and friendly, expert advice is invaluable.  To kick start the process call the team today on 9642 4288 or simply apply online.

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Social media is hot property!

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In today’s real estate market people are more time poor than ever before, so it’s essential to engage in as many affective advertising channels as possible. Richard Matthews have found social media to be a reliable, growing resource that provides cut-through for their clients listings. Gone are the days where property hunters have to actively search for listings and advice, with the Richard Matthews social media network, this information is now literally at the public’s fingertips. The success of the social media phenomenon was recently lamented with Google’s introduction of iGoogle. Given all the success Richard Matthews has had with social media it’s surprising that many other agencies in Sydney have chosen to ignore this growing medium, thereby disadvantaging their clients.

The Richard Matthews social media pages allow their team to share advice and generate property buzz in a timely fashion. One of the very first steps taken in a Richard Matthews marketing campaign is to provide free posts on their Facebook, Twitter and YouTube pages. In a matter of minutes your property can be advertised online for the whole world to see, including thousands of keen property hunters. The main benefit of social media is that it reaches a targeted, highly receptive audience that can also choose to share this information with family and friends, increasing your properties exposure even further.

Richard Matthews are proud to announce their social network is growing everyday. For property alerts and advice they encourage you to like their Facebook Page or Follow them on Twitter or subscribe to their YouTube Channel

Happy Socialising 🙂

Attention all Landlords!

Richard Matthews Real Estate has made an immediate impact on the local market. – 1 Junction Street, Strathfield South has been  leased for $1,300 per week – a sensational $305 per week above the asking price!

This amazing result was achieved in just two days, with a huge number of interested parties missing out.

Don’t settle for  less. To get the most out of your investment call Richard Matthews Real Estate today on 9642 4288 or visit richardmatthews.com.au and request your free lease appraisal.