SQM Research has released its rental vacancy series for April, which revealed a steady national vacancy rate over the month but a 0.3% decline over the year:
Over the year, decreases in vacancies were recorded in Adelaide (-0.5%), Perth (-1.1%), Melbourne (-0.2%), Brisbane (-0.7%), Canberra (-0.2%), and Darwin (-0.1%), whereas a large increase was recorded in Sydney (+0.6%) and a smaller increase was recorded in Hobart (+0.1%).
