{"id":24749,"date":"2020-04-18T11:22:01","date_gmt":"2020-04-17T23:22:01","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=24749"},"modified":"2020-04-18T11:22:06","modified_gmt":"2020-04-17T23:22:06","slug":"where-tenants-can-get-free-rent","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/where-tenants-can-get-free-rent\/","title":{"rendered":"Where tenants can get free rent"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>PHOTO: Multiple properties this complex on Gardeners Rd in Mascot are being advertised with two weeks free rent. <em><em>Source: Supplied<\/em><\/em><\/strong><\/p>\n\n\n\n<p class=\"has-drop-cap wp-block-paragraph\"><strong>Landlords are slashing rates and offering up to a month\u2019s free rent to entice tenants after COVID-19 social restrictions and other changes drove a doubling in vacancies in some suburbs.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Desperate landlords are offering Sydney homes rent free for up to a month or at reduced rates in an attempt to attract new tenants and stave off costly long-term vacancies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Desperate landlords are offering Sydney homes rent free for up to a month or at reduced rates in an attempt to attract new tenants and stave off costly long-term vacancies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The increasingly generous offers helped push advertised house rents down nearly 5 per cent over March, while unit rents dropped 3.1 per cent, SQM Research showed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Rents were likely to fall further as the coronavirus crisis continued and vacancies climbed, SQM reported.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/propertynoise.co.nz\/au\/inside-masterchef-star-poh-ling-yeows-incredible-adelaide-home\/\"><img decoding=\"async\" data-src=\"https:\/\/i1.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2020\/04\/Queen-of-interior-design.jpg?resize=460%2C270&amp;ssl=1\" alt=\"Poh Ling Yeow\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" \/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><a href=\"https:\/\/propertynoise.co.nz\/au\/inside-masterchef-star-poh-ling-yeows-incredible-adelaide-home\/\">Inside MasterChef star Poh Ling Yeow\u2019s incredible Adelaide home<\/a><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">There is already evidence social distancing measures and travel bans drove a spike in vacancies in areas once dominated by Airbnb rentals and international student accommodation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Data from realestate.com.au showed a 20 per cent rise in Sydney rental listings in the first week of April, which economist Nerida Conisbee noted was mostly from short-term accommodation becoming available.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">READ MORE VIA <a rel=\"noreferrer noopener\" href=\"https:\/\/www.news.com.au\/finance\/real-estate\/renting\/landlords-offer-weeks-of-free-rent-and-reduced-prices-as-vacancies-double-in-some-suburbs\/news-story\/d1f53f517654edd93bf3869f0c667c96\" target=\"_blank\">NEWS.COM.AU<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">MOST POPULAR<\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/propertynoise.co.nz\/au\/inside-masterchef-star-poh-ling-yeows-incredible-adelaide-home\/\"><\/a><a href=\"https:\/\/propertynoise.co.nz\/au\/inside-masterchef-star-poh-ling-yeows-incredible-adelaide-home\/\">Inside MasterChef star Poh Ling Yeow&#8217;s incredible Adelaide home<\/a><\/li><li><a href=\"https:\/\/propertynoise.co.nz\/au\/early-market-indicators-show-the-first-signs-of-a-housing-market-slowdown\/\"><\/a><a 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href=\"https:\/\/propertynoise.co.nz\/au\/australian-city-famous-for-its-sporting-heroes-officially-dumps-its-chinese-sister-city\/\"><\/a><a href=\"https:\/\/propertynoise.co.nz\/au\/australian-city-famous-for-its-sporting-heroes-officially-dumps-its-chinese-sister-city\/\">Australian city famous for its sporting heroes officially DUMPS its Chinese sister city<\/a><\/li><li><a href=\"https:\/\/propertynoise.co.nz\/au\/inside-married-at-first-sight-star-stacey-hamptons-surprisingly-average-400000-adelaide-home-despite-her-20000-shoe-collection-and-90000-car\/\"><\/a><a href=\"https:\/\/propertynoise.co.nz\/au\/inside-married-at-first-sight-star-stacey-hamptons-surprisingly-average-400000-adelaide-home-despite-her-20000-shoe-collection-and-90000-car\/\">Inside Married At First Sight star Stacey Hampton&#8217;s surprisingly average $400,000 Adelaide home &#8211; despite her $20,000 shoe collection and $90,000 car<\/a><\/li><li><a href=\"https:\/\/propertynoise.co.nz\/au\/real-estate-tricks-to-negotiate-covid-19\/\"><\/a><a href=\"https:\/\/propertynoise.co.nz\/au\/real-estate-tricks-to-negotiate-covid-19\/\">Real estate tricks to negotiate COVID-19<\/a><\/li><li><a href=\"https:\/\/propertynoise.co.nz\/au\/real-estate-ceo-and-founder-launches-initiative\/\"><\/a><a href=\"https:\/\/propertynoise.co.nz\/au\/real-estate-ceo-and-founder-launches-initiative\/\">Real Estate CEO and Founder Launches Initiative<\/a><\/li><li><a href=\"https:\/\/propertynoise.co.nz\/au\/relief-for-renters-huge-440million-package-to-be-announced\/\"><\/a><a href=\"https:\/\/propertynoise.co.nz\/au\/relief-for-renters-huge-440million-package-to-be-announced\/\">Relief for renters: Huge $440million package to be announced<\/a><\/li><li><a href=\"https:\/\/propertynoise.co.nz\/au\/inside-instagram-model-tammy-hembrows-2-million-gold-coast-waterfront-mcmansion\/\"><\/a><a href=\"https:\/\/propertynoise.co.nz\/au\/inside-instagram-model-tammy-hembrows-2-million-gold-coast-waterfront-mcmansion\/\">Inside Instagram model Tammy Hembrow&#8217;s $2 million Gold Coast waterfront McMansion<\/a><\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: Multiple properties this complex on Gardeners Rd in Mascot<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/where-tenants-can-get-free-rent\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":24750,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098719,478099150,478098880],"class_list":["entry","author-data123nz","post-24749","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-homes","tag-rent","tag-tenants"],"yoast_head":"<!-- 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