SQM Research has released its rental vacancy series for July, which revealed a 0.1% fall in the national vacancy rate over the month and a 0.2% decline over the year:
Over the year, decreases in vacancies were recorded in Adelaide (-0.5%), Perth (-1.2%), Brisbane (-0.7%) and Canberra (-0.3%), whereas increases were recorded in Sydney (+0.9%), Darwin (+0.4%) and Hobart (+0.2%), and Melbourne’s vacancy rate was flat.
