21 May Are You Feeling The Rental Squeeze?
We’ll Pay Your Rent While You Build, up to 20K*. Find out more!
Being located in the world’s most isolated city has certainly brought about some perks for Perth’s residents regarding the reduced number of COVID-19 outbreaks, especially in comparison to the rest of Australia and the world.
This desire for normalcy enticed people into moving back to their home state of WA, which subsequently resulted in an influx of people looking for houses and apartments to rent or buy. In Perth’s case, there has been an overwhelming surge in demand but a major lack in supply.
It is an incredibly daunting time for WA renters, not only in considering the lack of rental availability, but the increased and competitive prices that landlords are now demanding.
REIWA’s research showed that Western Australia’s rental vacancy rate in March 2021 came in at a low 0.9%, with between 2.5 and 3.5% representing a ‘balanced rental market’.
Domain’s Senior Research Analyst, Nicola Powell made the remark that Perth has gone from being the most affordable capital city to now matching Melbourne’s prices and being even dearer than Adelaide.
WA Today’s Heather McNeill conferred, saying that ‘Perth rentals are at their highest asking prices in almost six years with the median house costing $430 a week – the biggest yearly increase across the country.’
This vacancy crisis and substantial rise in price has meant that large numbers of people are outbidding each other on a single property and therefore driving rent costs even higher, as well as long-term tenants that are being forced out due to no longer being able to afford these increases imposed by their landlords.
Is this sounding all too familiar? Nicheliving sympathizes, we don’t want you stuck contributing your hard-earned cash to someone else’s mortgage or saving strenuously to the point that you miss out on enjoying life. This is precisely why we have developed our newest campaign, ‘We’ll Pay Your Rent While You Build*’!
Nicheliving will cover up to $20K* of your rent while building the home and lifestyle you’ve always envisioned. There is an abundant selection of all-inclusive* house and land packages starting at the low price of $299K.
We are combatting the rental crisis by offering packages located in Perth’s top and up-and-coming suburbs at a reasonable price, completing all of the work in-house instead of outsourcing – reducing the cost substantially. We have delivered 3000 new homes, established 60 communities, and provided every buyer with a high quality, affordable property with no hidden costs and a price you’ll know upfront.
This is an opportunity that renters should not miss out on! Let us take some of the financial pressure off and assist you in evolving from renting to owning your dream home.