November saw another shift in Wentworth Point’s rental market dynamics, with a meaningful increase in new listings and more tenants weighing up their options. While enquiry levels remain below spring expectations, competition between landlords has grown as renters become more selective in a market with greater choice. Strategic pricing and presentation remain critical in securing the right tenant.
Leasing Trends and Market Activity
Chidiac Realty leased 26 properties in November, including 25 in Wentworth Point, bringing our year-to-date total to 382.
117 new listings were recorded in Wentworth Point (↑ ~20% from October), with Chidiac holding a 26.5% share of new listings and a 28.9% share of leased properties.
Days on Market
Chidiac average: 11 days
Suburb median: 20 days
Our team continues to lease homes nearly twice as fast as the broader market.
Rental Rates and Notable Leases
Rolling 12-month averages (Dec 2024 – Nov 2025):
1-bedroom apartments: $682/week (↑ ~9.5%)
2-bedroom apartments: $808/week (↑ ~7.2%)
3-bedroom apartments: $1,050/week (↓ ~12.5%)
Notable lease: A 1-bedroom, 1-bathroom apartment at 1511/2 Waterways Street leased for $760/week, about 10% above average, driven by excellent presentation and location near the shopping precinct.
Relet Activity and Lease Breaks
Relets made up ~35% of November leases (↓ ~23% YoY, ↓ ~26% MoM).
23% of listings were due to lease breaks, many tenants citing recent property purchases as the reason for vacating.
Market Insights and Emerging Trends
The release of Florence and Capri (163 apartments each) is continuing to contribute to rising rental stock. This supply influx has resulted in:
- Higher overall stock levels
- More price adjustments
- Longer days on market for over-priced properties
Wentworth Point enquiry numbers fell to ~17,883 (↓ ~22% MoM), yet open home attendance rose to 10.1 groups per property. This suggests tenants are more active but slower to commit, with many applying across multiple options.
Tenant quality remains front of mind, as the volume of strong applications has dipped in comparison to previous months. As always, our focus is on securing well-qualified tenants who will deliver long-term stability and minimise vacancy.
With further supply anticipated through December and early January, we recommend owners remain agile with pricing and ensure properties are presented to the highest standard to attract serious applicants.
