Vacancy Rates at Record Low Levels
May 13, 2022 jun
Strategy Session
Australia is facing an acute shortage of rental properties, with the rental vacancy rate nationally dipping to 1.3 per cent in January 2022 – a 16-year low according to SQM Research.
The shortage of available rental properties has seen rents rise sharply across the country and SQM Research believes rents could rise by over 10% in 2022.