Rents on the rise
SQM Research will report further significant declines in rental vacancy rates in all three of the major capital cities, as the return to the office shows the first signs of life.
Brisbane now has a rental vacancy rate of just 0.7 per cent, the lowest on record (going back to 2005).
Source: SQM Research
Even in some of Brisbane's inner suburbs, vacancy rates are now hitting all-time lows for this data series.
In Adelaide, meanwhile, the vacancy rate is at record lows of just 0.3 per cent.
Rents are set to increase as the rental shortage intensifies.
