Rental prices in Beecroft are going up!

At the upper end of the property rental market, prices have dropped dramatically over the last year. Beecroft agencies used to advertise a number of residential properties with rents of $1200 or more a week, but the Expats and Senior Executives who used to drive this market are now in short supply. However at the other end of the market rents are definitely rising, according to Ray White Beecroft property managers. Given current low interest rates, investors are seeing improved overall returns from home ownership and there has been a lot of interest in the lower to middle price brackets in the Beecroft and Cheltenham areas.