Vacancy Rate Survey Results

2007 results

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 %

    Dec-07   Nov-07   Oct-07    Sep-07   Aug-07   Jul-07   Jun-07   May-07   Apr-07   Mar-07   Feb-07   Jan-07   Dec-06  
  SYDNEY *                                                    
  Inner -   1.0   0.8   1.2   1.5   1.4   1.4   1.3 1.3   1.1   1.3   1.6   1.4  
  Middle -   1.1   1.1   1.2   1.4   1.4   1.4   1.2   1.2   1.2   1.3   1.6   1.6  
  Outer -   1.1   1.0   1.1   1.7   1.5   1.3   1.4   1.7   1.6   1.5   1.6   1.6  
  Total -   1.1   0.9   1.2   1.5   1.4   1.5   1.3   1.4   1.2   1.4   1.6   1.5  
  HUNTER                                                     
  Newcastle -   1.4   1.4   1.4   1.6   1.8   1.6   2.1   2.5   2.1   1.8   2.7   2.4  
  Other  -   1.7   2.0   1.9   2.3   2.0   1.8   2.1   1.7   1.9   1.2   1.6   1.9  
  Total -   1.5   1.7   1.6   1.8   1.9   1.7   2.1   2.2   2.0   1.5   2.2   2.2  
  ILLAWARRA                                                     
  Wollongong -   2.6   2.1   2.1   3.6   3.2   2.7   2.5   2.9   2.1   2.6   2.9   3.7  
  Other -   1.4   2.3   2.2   2.4   2.8   3.6   3.7   2.6   3.6   3.6   3.4   3.0  
  Total - 2.3   2.2   2.2   3.1   3.0   2.9   2.7 2.8   2.4   2.8   3.1   3.5  

 
Vacancy rate %

    Dec-07   Nov-07   Oct-07   Sep-07   Aug-07   Jul-07   Jun-07   May-07   Apr-07   Mar-07   Feb-07   Jan-07   Dec-06  
  Albury -   2.8   3.1   2.8   2.5   2.8   3.2   3.3   2.6 2.4   2.2   1.8   2.3  
  Central Coast -   2.1   2.4   2.4   3.2   4.6 3.5   2.6   3.3   2.7   2.6 2.2   3.9  
  Central West -   4.7   4.0   4.4   5.1   4.0   5.0   4.8   4.3   5.2   6.1   3.7   3.5  
  Coffs Harbour -   1.5   1.2   3.4   3.0   2.4   3.7   5.9   4.6   3.5   3.6 3.3   3.7  
  Far West -   -   -   -   -   - -   -   -   -   -   -   -  
  Mid-North Coast -   1.4   2.6   2.8   2.9   4.0   3.6   3.9   3.4   3.4   2.8   3.3   3.6  
  Murrumbidgee -   -   -   -   -   -   -   -   -   -   -   -   -  
  New England -   2.7   4.0 2.4   2.6   3.5   2.8   2.9   3.5   3.5   3.0   3.0   3.9  
  Northern Rivers -   1.0   1.6 1.6   1.8   2.6   1.8   1.9   2.1    1.7   2.0   2.1   2.7  
  Orana -   3.0   2.3   2.2   1.5   1.4    1.7 2.3   1.8 1.6 2.9 1.7 2.2  
  Riverina - 1.8 2.1 3.1 2.2 4.0 3.9 3.4 3.5 4.4 3.6 4.4 4.7  
  South Coast - 3.3 4.8 4.8 5.2 6.2 4.8 4.5 4.1 3.8 3.0 3.4   3.3  
  South Eastern -   2.6 1.8 1.4 0.8 2.0 1.3 1.2 1.3 1.4 1.8 1.6 1.1  

 


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.