Rental Crisis Spurs Property Investor Boom

Melbourne’s 284,000 renting households are finding themselves caught between a rock and a hard place.

On the one hand vacancies for rental properties are at an all time low 1.7% – and landlords know it. This is especially true in inner city suburbs such as Carlton, Richmond and South Yarra, where vacancy is just 1.5%.

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More Women Buying Property

Footloose and fancy free female seeks accountant, bank lender and real estate agent – for date with financial security.

That’s right, girl power is ripe in Melbourne’s real estate game, and it’s a trend that doesn’t look like slowing any time soon.

Agents say the days of women waiting for a man to get into the property market are gone. Waiting for blokes, especially those that have their act together, costs money – and smart girls aren’t waiting around to watch opportunity pass them by.

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