Friday, 16 January 2015

Capital city vacancy rates for houses remain tight with unit vacancies higher

Rental demand continues to outstrip supply, with vacancy rates in most capitals remaining tight.  December’s national capital city vacancy rate was 2 percent for houses and 3 percent for units for an overall dwelling vacancy rate of 2.4 percent. 

All capitals recorded house vacancy rates below 2.5 percent, while unit vacancy rates remained above 3 per cent in Melbourne, Brisbane, Darwin and Canberra reflecting recent high levels of unit construction providing more choice for tenants.