The REIQ Rental Report has revealed an easing of the vacancy rate in Ipswich from 1.3% to 2.5% over the last quarter.
REIQ chief Antonia Mercorella said the December quarter was historically high and then traditionally dropped again in January. She said Ipswich continued to be a great market for investors and first home buyers.
“Ipswich has been a very good market for investors, with good rental returns of up to 6% in some cases,” she said.
“It is clear the demand for rental accommodation is steady and the population growth is driving that demand.”
