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%.