- March 20, 2019
- Posted by: Rogers Property Group
- Category: Australian Property Market, International Property Market, Latest News
SQM Research has released it figures saying that national residential vacancy rate has remained low at 2.2% in February 2019.
Brisbane, Canberra, Darwin and Hobart experienced marginal decreases of 0.1% in vacancy rates while Adelaide did not fare so well. It was the only capital city to have an increase in its vacancy rate over the month, from 1.1% in January to 1.2%, resulting in 2,197 properties available for rent in February 2019.
Sydney, Canberra and Darwin recorded marginal decreases in both house and unit asking rents over the month to 12 March 2019 with slightly more supply on the market.