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.
