Coffs Harbour experiences shortage of units as demand increases: HTW
There is a shortage of rental units available relative to demand in Coffs Harbour, according to Herron Todd White’s latest report.
The property valuation firm says that Coffs Harbour has a steady rental vacancy trend with a strong demand for new units.
This is supported by an increasing trend in new units being constructed as well as a steady volume of unit sales.
Coffs Harbour unit market is at its peak and new properties are occasionally being sold at prices that exceed their potential resale value.
A two bedroom unit at 13/27 Victoria Street, Coffs Harbour (above) is available for rent for $255 per week.
Similarly a two bedroom unit at 1/8 Toormina Place, Coffs Harbour (below) is available for rent for $295 per week.
A two bedroom unit at 5/32 Karuah Avenue, Coffs Harbour (below) has been listed for $285,000.
Similarly a two bedroom unit at 1/39 York Street, Coffs Harbour (below) has been listed for $230,000.
