Sydney landlords savaged by falling prices and rents

Tuesday 13 November 2018

SQM Research has released its rental vacancy series for October, which revealed a 0.1% decline 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 Melbourne (-0.1%), Adelaide (-0.3%), Perth (-1.1%), Brisbane (-0.7%) and Canberra (-0.2%), whereas increases were recorded in Sydney (+1.0%) and Darwin (+1.2%), whereas Hobart’s was flat.

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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.