RESIDENTIAL PROPERTY
THE national rental crisis rolled through September with new PropTrack data showing national vacancy rates hit another new low...
The 0.06% fall came as the proportion of rental properties sitting vacant was now 55% below March 2020 levels...
Sydney vacancies fell 0.11% to 1.18%, showing a quarterly fall of 0.37%. Conditions deteriorated in Melbourne during the month, falling 0.06% to 1.15%...
South Australia now has the lowest vacancy rate in the country, sitting at just 0.65% in both Adelaide and regional South Australia. Perth recorded the...
Hobart saw the sharpest drop of the capitals, falling 0.13% to 1.4%, while Brisbane inched upwards to 0.86%, and Darwin to 1.8%. The ACT fell to 1.62%...
“Rental conditions deteriorated further in September, with the proportion of rental properties sitting vacant hitting a new low. Vacancy was down in both capital city and...
“Vacancy is now sitting well under 1% in three of Australia’s capital cities. More markets are expected to fall below 1% over the coming year as demand continues to grow...
Across Australia’s regional areas, every state has seen vacancy fall by at least 20 percentage points over the quarter. Behind regional SA, Queensland is...
“Declining vacancy rates are increasing competition for rentals and placing growing pressure on rents. As a result, rents are predicted to continue rising at...
House rent growth eased in the September quarter, according to PropTrack, but remains 10% higher over the past year...
CoreLogic data shows the total count of national rental listings in the September quarter fell to its lowest level since early November 2012, with...
The federal government’s National Housing Accord is touted to deliver 1.2 million dwellings over five years, but according to some analysts is “very unrealistic”...