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How to Help Bushfire Victims with Real Estate

firefighters

Bushfires continue to terrorise communities around Australia, as communities and families lose over their home but their possessions and lifestyle.

As the amount of houses damaged or destroyed from the blaze nears 3,000, there are possibly 75,000 residents under threat from the flames in Eastern Victoria alone.

As people wait to come back to their houses and attempt to rebuild their lives, plenty of families will need to turn to lease houses while they rebuild their homes and their lifestyles.

The region of Eastern Victoria is wired for leases, with East Gippsland and Wellington Shire holding a rental vacancy rate of 0.9%, Latrobe Valley on 1.3%, the Wodonga area on 1.7% and the Goulbourn Valley on 2.5%.

Bushfire-affected households will be turning into the rental market while they reconstruct; they face a challenging search given the absence of rental properties throughout the region.

This is a gorgeous area with many vacation homes, and we’re calling on vacation homeowners in this area to consider putting your house on the rental market to help with the shortfall on rental apartments and assist these families in finding a new home.

As it can take weeks to years for a family to rebuild their house, those who wish to remain in the community will require a rental property, and that’s the reason why owners of vacant properties will need to consider leasing.

Regrettably, these markets are already fighting for rental homes, so all additional homes are much appreciated.

Investors and vacation homeowners aren’t necessarily from this area; they might be from Melbourne or around Victoria; these properties can also be placed on the market and assist bushfire-affected families greatly.

After surviving a bushfire, the last thing you need to be doing is choosing a long, drawn-out look for a rental home.

New rental houses will enable these people to remain in the communities they love.

Given the strong demand for a rental house, properties will be leased at a quick pace, reducing the strain for landlords.

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