Sydney’s rental vacancy rate to top 3% by year-end

Thursday 19 July 2018

We noted on Tuesday how Sydney investors are facing the twin shock of both falling prices and rents. This came after SQM Research’s June rental report revealed that Sydney’s asking rents were now falling on the back of a spike in the rental vacancy rate to 2.8% – the highest level in 13 years of data:

Yesterday, SQM Managing Director, Louis Christopher, forecast that Sydney’s rental vacancy rate would deteriorate further and top 3% by year-end:

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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.