Covid trend reversal
Low vacancy rates are getting a lot of airtime at the moment, and with good reason.
But markets aren't tightening everywhere.
In fact, interesting insights from Louis Christopher of SQM Research show rental listings rising fairly sharply in some markets, such as the Blue Mountains to the west of Sydney, and to a lesser extent on the Central Coast.
That said, many regional markets remain at full capacity.
Source: SQM Research
On the other hand, rental listings on the lower north shore are at record lows, despite huge population growth in Sydney over the years.
Source: SQM Research
I think Airbnb has played a role here, with some owners aiming to maximise rents by listing their properties through short-stay portals.
