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NSW: Sydney’s rental vacancy rate remains at elevated levels

11D ago 0 Replies 17 Views
SQM Research has released its rental vacancy data for September, which revealed a flat vacancy rate nationally but ballooning vacancies across Melbourne and major CBD markets.

Melbourne’s rental vacancy rate has nearly doubled over the past year to 3.8% – the highest reading since December 2011.
Sydney’s rental vacancy rate, by comparison, retraced to 3.5% but remains at elevated levels:

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