Our Rental Market

The Property Management Team has had an extremely busy couple of months. It seems the majority of tenants are looking for better deals within the Mount Isa area and are moving around Mount Isa, rather than leaving town.Generally, all new potential tenants are trying to negotiate to an even lower rent than advertised or asking for extras such as more air conditioners or a higher fence. We are always pro-active in these circumstances and report to the Landlord if the request is reasonable.The high vacancy rate means the market is constantly moving, unfortunately mainly in a downwards direction.We are monitoring our available properties on a weekly basis to ensure we are advertising them at a rate that will provide the best chance of getting a tenant.