Tuesday, 6 February 2024

Rental vacancy rates hit record low (Domain)

Vacancies plunge anew

Domain's rental report showed rental vacancy rates returning to an all-time low in January 2024.

Sydney's rental vacancy rate hit a record low of 0.9 per cent, posting the highest number of views per listing.

It's a similar story for tight rental vacancy rates in Brisbane, Adelaide, Hobart, and Perth, where vacancy rates are under 1 per cent.

With churn in the market it's hard to see rental vacancy rates going much lower.

Domain's rental report for January is here.

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