Rental vacancies surge across Australia

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By Leith van Onselen

Domain released its rental vacancy report for April, which revealed a universal lift in vacancies across Australia’s capitals:

As shown below, Sydney’s rental vacancy rate has surged by 1.1% over the past year to 3.1%:

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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.