Tamworth, Australia faces a severe rental shortage with a 0.6% vacancy rate, driven by high demand.

Tamworth, New South Wales, is experiencing a surge in demand for rental properties, driven by early relocation inquiries, a preference for larger homes, and first-time buyers purchasing investment properties. The vacancy rate is very low at 0.6%, causing a shortage of available rentals. Real estate agents expect the tight market to continue, with little relief anticipated in the near future.

November 17, 2024
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