What happened in the rental market in Australia in the past two days? [Waiting for R]
Brisbane: 🏠 Scape Apartments opened their booking channel on March 22nd, and the first phase of sales ended on the morning of March 23rd. The second phase is expected to have price adjustments [Petrified R]. While many students were still deliberating on the prices, layouts, and beds of the apartments, the first phase of applications had already closed [Facepalm R].
Canberra: 🏡 Y.Suites in Canberra released over a hundred rooms in just one day. The first phase of reservations has ended, and the second phase has begun. The discounts offered in the second phase are not as significant, but at this rate, most of the rooms will likely be taken within a week.
Sydney: 🏘️ Although the first phase of reservations is not yet over, it is evident that this year's booking process is significantly different from previous years. After the booking opened on the morning of the 22nd, only two students received emails from the apartments after submitting four offers (even after continuous reminders [Crying R]). This indicates that the number of units released in the first phase was not high, or the apartment's renewal rate is high, resulting in limited availability of vacant units. 🏝️ Considering the situations in Brisbane and Canberra, it can be anticipated that the first phase of sales for Scape in Sydney will also last only a few days. There is a high probability that prices for all apartments will increase later, so students who are concerned about prices need to be aware! Don't get caught up in the whirlpool of not having a room in S1 [Cheering R].