Vacancy rates lift, albeit marginally

RESIDENTIAL PROPERTY

RENTAL vacancy rates increased ever-so-slightly in June, according to PropTrack, and the national vacancy rate remains at just half the...

Sydney has continued to see easing rental market conditions – albeit at a glacial pace in June, up 0.05 percentage points for a...

Melbourne rental markets have started to ease over the past few months, but remains at a low level of available vacancies of just...

Brisbane is the only capital still showing worsening rental market conditions, with vacancy rates falling 0.08 percentage points to...

Adelaide (0.94%) and Perth (1.02%) continue to see the tightest rental market conditions with the fewest available rental properties...

“The rental market eased further in June, providing some much-needed relief for renters,” the report said, however, it also said, ...

“Capital cities are seeing more promising rental market conditions, with vacancy rates up 0.17 percentage points over the past three months...

Sydney and Hobart (up 0.51 percentage points) have seen the strongest increase in rental vacancies over the past three months amongst capitals...

“Slowing rental demand has resulted in more rental properties being available for lease. But despite the improvements, rental vacancy rates remain low...

CoreLogic’s Quarterly Rental Review found rent growth of 2.5% around the country in the June quarter – down 30 basis points from...

Melbourne continued to lead the pace of quarterly rental growth, with dwelling rents rising 3.9% in the quarter, and the city is now no longer Australia’s cheapest rental market...

Perth rents rose by 3.4%, followed by Sydney (3.2%), Adelaide (2.5%) and Brisbane (2.1%). Rents across Darwin rose just 0.7% over the...

Meanwhile, rent data released by Domain showed house weekly asking rents rose by 2.7% in the capitals during the June quarter...

In the unit market, capital cities saw 5.5% growth over three months, led by Sydney (8.1%), Perth (6.7%), Brisbane (6.0%) and Melbourne...

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