As you’ll have seen in the media, there are many mixed messages about the housing market. While sales activity may be quieter, the reality in property management is that the rental market is also experiencing a period of slower demand and higher-than-usual vacancy times.

At apm, we want to be upfront with you: it is taking longer than normal to secure tenants. However, we also want to reassure you that your property managers are working hard with strategies to minimise vacancy and protect your investment.

Why flexibility matters

Sometimes a small adjustment in weekly rent can make a big difference. For example, a $50 per week reduction equates to $200 a month. By contrast, a vacant property for 6–8 weeks can result in $3,000–$4,000 in lost income. In many cases, a small decrease now means securing a quality tenant faster and protecting your long-term returns.

What you can do?

• Trust your property manager’s advice — they are seeing enquiry levels daily and know where the market is sitting.
• Consider minor rent adjustments to stay competitive and attract the right tenants quickly.
• Keep presentation strong — small improvements in cleanliness, gardens, or minor maintenance can make a real difference to first impressions.

Our commitment

We’re committed to navigating this market with you. While conditions are challenging, rest assured that we always have your back and will continue to balance your best financial interests with the realities of tenant demand.

This phase of the market will pass, and just as the sales industry rebounds, so too will rental demand. In the meantime, staying flexible and responsive is the key to minimising vacancies and protecting your returns. Thank you for your continued trust in apm.