Rental figures show Ipswich going strong, say REIQ

THE rental market in Ipswich is one of the healthiest in south-east Queensland, new figures show.

Vacancy rates for the city during the June 2014 quarter sat at 3%, up from 1.8% in March.

The figures were released by the Real Estate Institute of Queensland.

Logan City was the only other council area south of the Sunshine Coast to have a healthy market during the June quarter.

The Bay Islands in Redland City and inner Brisbane were also considered to have healthy markets, however overall those councils had a tight market.

Healthy rental markets need to have a vacancy rate between 2.5% and 3.5%.



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