A young Queensland family is so desperate to secure a rental home they’ve offered to pay a whole year of rent in advance.
Suzie and Ryan Stitt are selling their four-bedroom Grange home at auction on Saturday and want to rent for a year while they put some TLC into a renovator they bought last November.
But after discovering the severe shortage of rental homes and the overwhelming amount of prospective tenants, the couple knew they had to give themselves an edge.
“We probably want to stay around this area, the Windsor area, as I would like to stay close to our son’s daycare,” Ms Stitt said.
But the latest data from property market analysis professionals Archistar.ai shows there are just three houses available for rent in either Wilston or Albion, two in Lutwyche and Gordon Park and four in the Grange in Brisbane.
The couple will start the hunt for a rental following Saturday’s auction and have a battle plan ready to go, Ms Stitt said.
“We are waiting to see if the house sells and then we need to have a point of difference about ourselves that will make us more attractive to landlords,” she said.
“Our strategy will be to either offer upfront payment of all of the rent for a year … or I’m also thinking about writing to the landlords and letting them know that we would treat their house in the manner they would treat it if they lived there.”
Archistar’s chief economist Dr Andrew Wilson said houses in family-friendly suburbs on Brisbane’s northside were hard to come by and it was not going to get easier for anyone wanting to rent within 10km of the CBD.