Market Comment - April 2026

Seasonal Shift in Activity

April has arrived, and we are coming out of the traditional “busy” period where most tenancy turnover occurs. Activity naturally begins to settle at this time of year, and we’re seeing that reflected across our portfolio. It also gives our hardworking team a chance to breathe and catch up on the admin that keeps our portfolio strong and compliant.

One noticeable shift this season is that fewer tenants appear to be choosing to move. The costs associated with relocating — including rent changes, moving expenses, and setup costs — are likely playing a part, resulting in greater stability across existing tenancies.

Tight Supply, Limited Availability

At the same time, available rental stock remains very tight. We currently have limited properties available, which continues to support steady demand for well-presented homes.

New Supply Coming to Market

We are, however, seeing some welcome additional supply coming through. Over the coming weeks, we will be bringing to market:

• A development of 7 top quality new units

• A development of 6 compact new units

• 2 large, high-spec 4-bedroom townhouses

  
  

These developments are a good example of how new builds continue to support rental supply locally, even in a constrained market.

Overall, conditions remain balanced — with strong occupancy, steady demand, and a continued focus on quality properties.

Your Property, Your Next Steps

If you’d like an update on your property, or are considering your next steps, feel free to get in touch.