Rental vacancy rates measure the proportion of residential properties vacant and available for rental at a point in time. It is a traditional gauge of market vitality.
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Vacancy rate %
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Dec-03 |
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Nov-03 |
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Oct-03 |
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Sep-03 |
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Aug-03 |
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Jul-03 |
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Jun-03 |
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May-03 |
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Apr-03 |
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Mar-03 |
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Feb-03 |
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Jan-03 |
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Dec-02 |
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|
SYDNEY * |
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Inner |
3.6 |
|
3.2 |
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2.9 |
|
3.7 |
|
4.0 |
|
3.8 |
|
4.2 |
|
4.0 |
|
3.6 |
|
3.0 |
|
2.9 |
|
3.7 |
|
4.0 |
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Middle |
3.9 |
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3.5 |
|
3.5 |
|
3.6 |
|
4.0 |
|
4.4 |
|
4.8 |
|
4.0 |
|
3.8 |
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4.5 |
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4.0 |
|
4.3 |
|
4.8 |
|
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Outer |
3.9 |
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3.6 |
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3.9 |
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4.0 |
|
4.1 |
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4.4 |
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4.4 |
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4.2 |
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4.3 |
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4.2 |
|
4.7 |
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5.3 |
|
4.8 |
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Total |
3.7 |
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3.5 |
|
3.4 |
|
3.7 |
|
4.0 |
|
4.1 |
|
4.4 |
|
4.0 |
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3.9 |
|
3.9 |
|
3.9 |
|
4.4 |
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4.5 |
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|
HUNTER |
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Newcastle |
2.2 |
|
1.8 |
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2.2 |
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2.1 |
|
1.3 |
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2.0 |
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2.3 |
|
1.8 |
|
1.6 |
|
0.9 |
|
1.1 |
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1.5 |
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1.6 |
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Other |
2.6 |
|
2.8 |
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3.0 |
|
2.9 |
|
2.9 |
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2.5 |
|
2.5 |
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3.2 |
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2.3 |
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2.3 |
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2.0 |
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1.5 |
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1.8 |
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Total |
2.4 |
|
2.2 |
|
2.6 |
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2.4 |
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2.1 |
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2.2 |
|
2.4 |
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2.2 |
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1.9 |
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1.5 |
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1.4 |
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1.5 |
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1.7 |
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|
ILLAWARRA |
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Wollongong |
5.4 |
|
4.2 |
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3.7 |
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4.6 |
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3.4 |
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4.4 |
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3.6 |
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3.1 |
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3.0 |
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3.0 |
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4.6 |
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4.8 |
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4.2 |
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Other |
2.2 |
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4.2 |
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2.4 |
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3.1 |
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3.6 |
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3.2 |
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2.5 |
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3.7 |
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3.8 |
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2.1 |
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2.5 |
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1.6 |
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3.0 |
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|
Total |
4.3 |
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4.2 |
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3.4 |
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3.9 |
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3.5 |
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4.0 |
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3.2 |
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3.4 |
|
3.2 |
|
2.6 |
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4.2 |
|
4.0 |
|
3.6 |
|
Vacancy rate %
|
|
Dec-03 |
|
Nov-03 |
|
Oct-03 |
|
Sep-03 |
|
Aug-03 |
|
Jul-03 |
|
Jun-03 |
|
May-03 |
|
Apr-03 |
|
Mar-03 |
|
Feb-03 |
|
Jan-03 |
|
Dec-02 |
|
|
Albury |
2.9 |
|
1.7 |
|
2.3 |
|
2.2 |
|
1.8 |
|
3.4 |
|
2.7 |
|
3.4 |
|
1.7 |
|
0.7 |
|
1.9 |
|
1.8 |
|
3.1 |
|
|
Central Coast |
6.2 |
|
4.2 |
|
4.4 |
|
3.8 |
|
3.9 |
|
5.0 |
|
5.1 |
|
4.6 |
|
5.4 |
|
4.8 |
|
4.5 |
|
4.5 |
|
4.1 |
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Central West |
3.8 |
|
2.5 |
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2.7 |
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2.6 |
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1.5 |
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2.5 |
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2.7 |
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4.2 |
|
2.8 |
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2.4 |
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2.6 |
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4.4 |
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4.7 |
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Coffs Harbour |
2.5 |
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3.6 |
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3.5 |
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2.3 |
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3.8 |
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3.0 |
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2.0 |
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3.3 |
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2.0 |
|
2.9 |
|
0.7 |
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1.4 |
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2.0 |
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Far West |
- |
|
- |
|
- |
|
- |
|
- |
|
- |
|
- |
|
- |
|
- |
|
- |
|
- |
|
- |
|
- |
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|
Mid-North Coast |
2.4 |
|
2.0 |
|
1.4 |
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1.6 |
|
2.8 |
|
2.8 |
|
1.8 |
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1.7 |
|
2.1 |
|
1.3 |
|
1.0 |
|
1.2 |
|
1.0 |
|
|
Murrumbidgee |
- |
|
- |
|
- |
|
- |
|
- |
|
- |
|
- |
|
- |
|
- |
|
- |
|
- |
|
- |
|
- |
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|
New England |
3.3 |
|
2.7 |
|
4.8 |
|
2.7 |
|
3.1 |
|
2.7 |
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3.3 |
|
1.3 |
|
1.9 |
|
2.8 |
|
2.8 |
|
1.7 |
|
3.5 |
|
|
Northern Rivers |
2.4 |
|
1.7 |
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1.4 |
|
2.1 |
|
2.9 |
|
2.0 |
|
1.9 |
|
2.0 |
|
1.5 |
|
1.7 |
|
1.3 |
|
3.5 |
|
1.7 |
|
|
Orana |
3.4 |
|
2.5 |
|
3.1 |
|
2.8 |
|
3.7 |
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3.4 |
|
4.4 |
|
2.7 |
|
3.8 |
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2.6 |
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3.7 |
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2.6 |
|
2.1 |
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|
Riverina |
4.7 |
|
2.6 |
|
3.4 |
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3.3 |
|
2.7 |
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3.0 |
|
2.2 |
|
4.2 |
|
2.5 |
|
2.8 |
|
1.9 |
|
4.2 |
|
3.1 |
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|
South Coast |
2.8 |
|
2.8 |
|
3.1 |
|
4.4 |
|
4.8 |
|
5.5 |
|
4.8 |
|
3.9 |
|
3.9 |
|
2.6 |
|
2.2 |
|
4.9 |
|
0.9 |
|
|
South Eastern |
2.8 |
|
3.7 |
|
2.6 |
|
3.9 |
|
2.6 |
|
2.7 |
|
2.6 |
|
2.3 |
|
2.9 |
|
1.7 |
|
2.2 |
|
3.2 |
|
3.2 |
|
SOURCE
Statistics relate to data from a survey of REINSW members. The vacancy rate is the proportion of unlet dwellings to the total rent roll.
NOTES
- Insufficient number of responses.
* Suburbs included in ‘inner’, ‘middle’ and ‘outer’ Sydney are as follows:
‘Inner’ includes suburbs 0-10km from the Sydney CBD.
‘Middle’ includes suburbs 10-25km from the Sydney CBD.
‘Outer’ includes suburbs more than 25km from the Sydney CBD.