Noose tightens around Sydney landlords

Advertisement

By Leith van Onselen

SQM Research has released its rental vacancy series for August, which revealed a 0.1% fall in the national vacancy rate over the month and a 0.1% decline over the year:

Over the year, decreases in vacancies were recorded in Adelaide (-0.3%), Perth (-1.2%), Brisbane (-0.6%) and Canberra (-0.3%), whereas increases were recorded in Sydney (+0.9%), Darwin (+0.9%) and Hobart (+0.2%), and Melbourne’s vacancy rate was flat.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
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.