Some Byron Bay landlords are bypassing the usual real estate channels to help locals find rentals ahead of newcomers
News

Some Byron Bay landlords are bypassing the usual real estate channels to help locals find rentals ahead of newcomers

  • Amid skyrocketing rent, some landlords in the Byron Shire are bypassing agencies and opting to offer properties to private networks through social media and word of mouth.
  • “It's probably an indicator of just how dramatic the changes to Byron have been…that people are starting to make their decisions in that way,” Leo Patterson Ross, chief executive of the Tenant’s Union said.
  • Regional Australia recorded an annual rate of rental growth of 12.5% as of September 2021, the highest annual growth rate on record.
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