Perth, Darwin and Canberra in rental bust

Tuesday, 18 November 2014

SQM Research has today released its rental vacancy data for October, which revealed a slight monthly decline in the national vacancy rate to 2.1%, up 0.1% from October 2013:

However, the unwinding of the mining boom is having a drastic impact on Perth and Darwin:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.