Events & news News & media Tight rental market forces tenants to find their edge Media Release from the Tenancy Skills Institute: 28th January 2021 A tightening rental market combined with a surge in demand means it is becoming increasingly difficult to secure housing on the Fraser Coast The latest data issued by the Real Estate Institute of Queensland reveals a vacancy rate of just 0.8 per cent in the region. Further north to Bundaberg and vacancies continue to remain extremely tight at 0.4 per cent. Renters in search of housing throughout the region are being forced to put their best foot forward to put them ahead in the eyes of landlords. With so few available rental properties, having an edge over other applicants is vital. While some people are offering more rent than advertised, some tenants are seeing better outcomes after completing a free, online tenancy skills course developed by the Tenancy Skills Institute. The course was developed after extensive consultation with property managers, and covers the top four skill sets identified as crucial to a positive tenancy. Once complete, graduates receive a certificate to support their rental application. Tenancy Skills Institute State Manager, Mark Davidson explained tenants who complete the course will stand out from the crowd. “Tenants who demonstrate an understanding of their rights and responsibilities, are effective communicators, budget well to pay the rent on time and maintain the property are at an advantage. “The certificate might just make the difference on a rental application for some property managers,”said Mark. Tanya Stevenson, Chief Executive Officer at Hervey Bay Neighbourhood Centre agrees the course is ofhigh value for tenants. "The tenancy skills certificate shows the real estate agency that they are aware of their obligationsthroughout a tenancy, which is definitely a plus for first time renters who don't have previous tenancyreferences," said Tanya. Since it began, the Tenancy Skills Institute has given 177 Fraser Coast tenants a head-start in theirrental journeys. Experienced renter, Wendy* believes that without the course she would still besearching for housing. Wendy said: "The course did me great, I found it interesting, helpful and enjoyable. "I was finally approved for a property after completing it and moved in at the start of January.” Renters can access the free course through the Tenancy Skills Institute website at www.tenancyskills.com.au/online or can get in touch with Hervey Bay Neighbourhood Centre who facilitate students through the course as a local accredited training agency.(* name has been changed to protect this persons privacy)______________________________________________________________________ About Tenancy Skills Institute: The Tenancy Skills Institute is part of inCommunity Inc., who has been supporting people experiencing homelessness since 1982. The Tenancy Skills Institute aims to create "Tenants of Choice" by equipping communities with the skills and knowledge needed to create solid foundations for successful tenancies.