Advertisement
SQM Research has released its rental vacancy data for November, which registered a 0.1% rise over the month but a 0.1% fall over the year:
As shown above, Sydney now has the highest vacancy rate in the nation followed by Darwin, which helps to explain their significant rental falls:
Advertisement
According to SQM Managing Director, Louis Christopher:
The full text of this article is available to MacroBusiness subscribers
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.