Sydney rental vacancies continue to trend higher

Tuesday 12 February 2019

SQM Research has released its rental vacancy series for January, which revealed a mostly seasonal 0.3% decline in the national vacancy rate over the month but also a 0.1% decline over the year:

Over the year, increases in vacancies were recorded in Sydney (+0.9%), Melbourne (+0.1%), Darwin (+0.7%), and Hobart (+0.1%), whereas Adelaide (-0.4%), Perth (-1.4%), Brisbane (-0.9%) recorded falls in vacancies.

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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.