March Vacancy Rates Fall
June 04, 2011
Monthly vacancy rates fell to 1.6% nationwide in March from 1.7% the previous month according to SQM Research's monthly vacancy study, which measures online vacancy ads.
Sydney recorded a very tight 1.2% vacancy rate, with some western suburban areas coming in at 0.8%.
Melbourne, by contrast, had a vacancy rate of 2.4% having declined for three straight months as had Brisbane's, which was 1.7% for March.
Perth's vacancy rate was below average at 0.9% while Darwin was at the other of the scale at 2%.
Adelaide's vacancy rate increased in March to 1.2% and Hobart edged up 0.2 percentage points to 1.4%. Canberra recorded a low 0.6% March vacancy rate.
Latest Articles
LJ Hooker has continued to build its international network with the announcement the doors have ...
Some owners prefer to be hands on and manage their property themselves.
But for most property ...
Nothing beats being cosy at home on a cold winter’s night when the wind’s howling, ...
Property managers who allow prospective tenants to keep a pet will attract more interest for their ...
LJ Hooker has appointed Perth real estate and auction specialist Ken Preston as the network’s ...
LJ Hooker Ltd today announced that current CEO, Georg Chmiel, has joined its Board of Directors and ...
