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Rental vacancies in South Eastern NSW significantly higher in October
The percentage of available rental properties increased 4.5% in October to stand at 5.3%.
“This is a significant increase in available rental vacancies,” said REINSW President Steve Martin.
“Investment in rental properties has improved over the later part of this year with lower interest rates and good rental income enticing investors into the market.
“This is a very good result, particularly when compared to other regional centres where vacancy rates have either fallen or remain steady,” said Mr Martin.
Residential vacancy rates in NSW:
|
October
2009 |
September
2009 |
August
2009 |
July
2009 |
June
2009 |
May
2009 |
April
2009 |
| SYDNEY |
1.6% |
1.3% |
1.3% |
1.5% |
1.3% |
1.3% |
1.5% |
| Inner (0-10km from CBD) |
1.5 |
1.4 |
1.5 |
1.8 |
1.6 |
1.4 |
1.4 |
| Middle (10-25km) |
1.0 |
1.4 |
1.3 |
1.5 |
1.4 |
1.5 |
1.7 |
| Outer (>25km) |
1.3 |
1.0 |
1.9 |
1.1 |
0.9 |
1.0 |
1.4 |
| |
|
|
|
|
|
|
|
| HUNTER |
1.6 |
1.5 |
1.6 |
1.9 |
1.8 |
1.7 |
1.9 |
| Newcastle |
1.6 |
1.6 |
1.8 |
1.4 |
1.6 |
1.5 |
1.7 |
| Other |
1.5 |
1.4 |
1.4 |
2.3 |
2.0 |
1.9 |
2.1 |
| |
|
|
|
|
|
|
|
| ILLAWARRA |
1.8 |
1.7 |
1.3 |
1.9 |
1.8 |
1.6 |
1.9 |
| Wollongong |
1.8 |
1.6 |
1.3 |
1.9 |
1.6 |
1.2 |
2.2 |
| Other |
1.7 |
1.8 |
1.3 |
1.8 |
2.3 |
2.7 |
1.4 |
| |
|
|
|
|
|
|
|
| Central Coast |
1.5 |
1.6 |
1.6 |
2.1 |
2.1 |
1.6 |
1.7 |
| |
|
|
|
|
|
|
|
| Albury |
1.8 |
1.5 |
2.3 |
2.6 |
2.5 |
2.3 |
2.1 |
| Central West |
1.8 |
2.0 |
2.1 |
2.5 |
2.8 |
2.2 |
2.9 |
| Coffs Harbour |
2.7 |
1.9 |
4.1 |
4.6 |
3.9 |
3.3 |
1.8 |
| Far West |
0.4 |
0.6 |
- |
- |
- |
- |
- |
| Mid-North Coast |
1.5 |
2.3 |
2.2 |
1.6 |
2.0 |
1.8 |
2.1 |
| Murrumbidgee |
2.9 |
3.6 |
- |
- |
- |
- |
- |
| New England |
2.9 |
2.0 |
1.7 |
2.4 |
2.8 |
1.9 |
1.8 |
| Northern Rivers |
2.4 |
2.3 |
1.9 |
1.9 |
2.0 |
2.2 |
2.7 |
| Orana |
1.1 |
1.2 |
1.4 |
1.2 |
1.0 |
1.6 |
1.6 |
| Riverina |
4.1 |
1.5 |
1.3 |
1.6 |
2.1 |
2.0 |
2.3 |
| South Coast |
2.1 |
2.9 |
2.2 |
3.5 |
3.5 |
3.5 |
3.7 |
| South Eastern |
5.3 |
0.8 |
1.7 |
1.6 |
1.5 |
2.5 |
1.5 |
Members can access Vacancy Rate Survey results for the years 2001 to 2008 by clicking here. 
Please direct media inquiries to Julian Brophy on 0408 276 749.
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