“More stock has entered the market place in Inner Sydney which has seen a rise in availability as tenants take time to fill the available accommodation,” Mr Cunningham said.
In the Illawarra, vacancy rates rose 0.7 per cent to 2.5 per cent with Wollongong up 1.2 per cent at 2.4 per cent. The Hunter rose 0.2 per cent to 2.3 per cent with Newcastle up 0.7 per cent to 2.9 per cent.
Across regional areas, Albury and New England have the highest vacancy rates at 3.1 per cent, up 0.3 per cent and down 0.1 per cent respectively. The Riverina was down 0.2 per cent at 2.5 per cent and Northern Rivers fell 0.1 per cent to 1.6 per cent.