How Tenants Can Stand Out in a Record-Low Vacancy Market — And Why Landlords Should Be Paying Attention

March brought with it one of the tightest rental markets we’ve seen in recent memory, with MOVABLE recording a vacancy rate of just 0.3% across our rental portfolio. This exceptionally low rate signals what many tenants already know — competition for quality rental homes is fierce.

For prospective tenants, this means preparation is everything. With demand far outpacing supply, standing out in a sea of applications can be the difference between securing your next home or missing out.

How Tenants Can Get Ahead

Here are our top tips for tenants looking to put their best foot forward:

1. Have Your Application Ready to Go

A complete application makes it easier for property managers and landlords to say yes, fast. Ensure you have the following handy:
✔ Photo ID
✔ Recent payslips
✔ Rental history and references
✔ Proof of income

2. Strengthen Your Proof of Income

Your income plays a key role in rental applications. While payslips are essential, you can further demonstrate your ability to afford rent by providing:
✔ Savings account statements
✔ Additional income from freelance work, dividends, or side businesses
✔ Rental income from properties you own

Showing a well-rounded financial picture reassures landlords that you can comfortably meet rental payments.

3. Write a Personal Cover Letter

A short, polite introduction helps humanise your application. Let us know who you are, what you love about the property, and why it’s the right fit for you. Also, include a picture so we can put a face to a name.

4. Include a Pet Resume (If Applicable)

If you have pets, consider creating a pet resume. Include photos, breed information, behaviour traits, and even references from previous landlords or neighbours. This can go a long way in helping landlords feel confident about your furry friend.

5. Be Prompt and Proactive

Attend inspections on time and follow up courteously. Showing that you’re organised and communicative is always a plus.

For Landlords: What This Market Means for You

With a 0.3% vacancy rate, there’s never been a better time to have your property professionally managed. At MOVABLE, we pride ourselves on our proactive approach, deep local knowledge, and proven strategies to attract and retain quality tenants—fast.

Our experienced team handles every detail, from listing and screening to ongoing maintenance and compliance, helping you get the most from your investment.

If your property is currently under management elsewhere and you’re not seeing results—or if you’re considering entering the rental market—now’s the time to switch to MOVABLE. We offer obligation-free rental appraisals and can guide you through a seamless onboarding process.

Let’s Talk!

Whether you’re a tenant looking to secure your next home or a landlord seeking the right partner to manage your property, MOVABLE is here to help. With decades of experience in the Newcastle and Hunter region, we know what works—and we know how to deliver results.

Request a rental appraisal or chat with our friendly property management team today.
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Catherine Russell | Business Development | 0488 775 544

Catherine has over 14 years experience in managing property investments.

Reach out to Catherine today for expert advice and support in managing your investment property.