SQM Research has released its rental vacancy series for June, which revealed a 0.2% lift in the national vacancy rate over the month but a 0.2% decline over the year:
Over the year, decreases in vacancies were recorded in Adelaide (-0.3%), Perth (-1.3%), Brisbane (-0.6%) and Canberra (-0.3%), whereas increases were recorded in Sydney (+0.8%) and Darwin (+0.2%), and Melbourne’s and Hobart’s vacancy rates were flat.