Vacancy is the quiet cost of property investment. A property that takes three extra weeks to lease can erase a meaningful share of the year's return. Reducing it is less about luck and more about discipline.
Price to the evidence
The single biggest cause of extended vacancy is an asking rent set on hope rather than evidence. Pricing correctly from day one almost always produces a better twelve-month outcome than starting high and reducing later.
Present the property properly
Clean, well-photographed and genuinely ready-to-move-in properties lease faster. First impressions online decide whether a quality tenant books an inspection at all.
Start early
Re-advertising before a lease ends, rather than after, is the simplest way to avoid a gap between tenancies. A good manager is planning the next tenancy well before the current one expires.
