Gunnedah has been named as having one of the state's lowest rental vacancy rates in a report predicting a crisis across the country.
But local real estate agents said with the finishing of projects and an influx of new houses built under Home Builder, the pinch will ease.
Terry Ryder from hotspotting.com.au and Simon Pressley from Propertyology say a sharp decline in construction since 2017 and less investors in the market has created a "limited supply of rentals and unprecedented competition among tenants".
Gunnedah's Robertson's Real Estate property manager Ben Robertson said for the past three months he's been at 100 per cent occupancy, attributed it to the volume of business coming through.
What we find a lot is that when people move to the town, it's normal for them to rent for a few months to a year and then they'll move in - but with the incentives it's very attractive to do that now.Richard Gallen
"It's a combination of mining, the recent rail overpass project, the solar farms, and general influx of people coming Gunnedah," he told the NVI.
"They'll be moving out within three months, some in six months to the next year, so it should ease it up again after that," he hoped.
And in terms of investor interest, he's seen anywhere from 20 to 30 applications for new homes depending on the property.
Gunnedah's LJ Hooker principal Richard Gallen has experienced the same zero occupancy rates, and says the interest in buying new is strong for all dwelling types.
He said the Home Builder incentive has meant more people have made the plunge for their own property, which will hopefully leave a void in the rental market.
"What we find a lot is that when people move to the town, it's normal for them to rent for a few months to a year and then they'll move in - but with the incentives it's very attractive to do that now," he said.
With new projects coming to the region, such as the Vickery and Shenhua Mines, there may still be "strife" when it came to filling accommodation needs.