Vacancy Rate Survey Results

2008 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-08   Nov-08   Oct-08    Sep-08   Aug-08   Jul-08   Jun-08   May-08   Apr-08   Mar-08   Feb-08   Jan-08   Dec-07  
  SYDNEY *                                                    
  Inner 1.3   1.3   1.1   1.5   1.4   1.2   1.4   0.9 1.2   0.9   0.9   1.3   -  
  Middle 1.5   1.2   1.1   1.1   1.2   1.3   1.1   0.8   0.9   0.7   0.9 1.1   -  
  Outer 1.4   1.3   1.0   1.1   1.2   1.0   0.9   0.8   1.0   1.4   0.9   1.1   -  
  Total 1.4   1.3   1.1   1.2   1.2   1.2   1.1   0.9   1.0   0.8   0.9   1.2   -  
  HUNTER                                                     
  Newcastle 2.1   1.7   1.6   1.6   1.6   1.5   1.8   3.1   1.5   0.9   1.0   1.6   -  
  Other  1.4   1.8   1.4   2.1   2.6   1.6   1.8   1.9   2.2   2.0   1.8   1.8   -  
  Total 1.7   1.8   1.5   1.8   2.1   1.5   1.8   2.2   1.9   1.5   1.3   1.7   -  
  NEWCASTLE                                                     
  Wollongong 3.0   1.9   2.2   1.4   2.1   2.3   1.3   2.0   1.5   0.7   1.5   2.2   -  
  Other 2.9   0.7   1.9   2.4   2.6   2.3   3.4   1.6   1.9   2.6   1.0   1.5   -  
  Total 2.9   2.1   2.1   1.8   2.3   2.2   2.2   1.6 1.6   1.7   1.3   1.8   -  

 
Vacancy rate %

    Dec-08   Nov-08   Oct-08   Sep-08   Aug-08   Jul-08   Jun-08   May-08   Apr-08   Mar-08   Feb-08   Jan-08   Dec-07  
  Albury 3.1   3.7   3.4   3.0   3.3   3.7   4.1   3.1   3.0 2.7   3.7   3.6   -  
  Central Coast 2.0   2.2   2.2   3.0   3.1   3.2 1.8   2.7   2.7   1.8   2.4   2.2   -  
  Central West 3.6   4.2   4.7   4.4   2.5   2.4   4.0   3.0   3.4   4.3   3.7   4.8   -  
  Coffs Harbour 3.5   4.0   2.9   4.1   3.4   4.6   4.9   4.0   3.8   3.5   5.3   3.6   -  
  Far West -   -   -   -   -   - -   -   -   -   -   -   -  
  Mid-North Coast 2.0   1.9   2.7   2.4   2.4   2.1   2.6   2.1   2.0   2.3   1.4   1.6   -  
  Murrumbidgee -   -   -   -   -   -   -   -   -   -   -   -   -  
  New England 2.6   2.2   3.9 4.1   4.0   4.0   4.7   3.4   3.6   3.7   3.0   3.3   -  
  Northern Rivers 1.8   1.8   2.8 1.9   2.0   1.9   1.7   2.4   1.5    2.8   1.5   1.9   -  
  Orana 3.3   3.4   3.6   2.6   2.0   1.7    2.4 3.3   1.8 1.7 2.7 3.1 -  
  Riverina 3.1 1.9 2.6 2.7 2.7 2.6 3.3 2.3 3.4 3.6 3.4 2.6 -  
  South Coast 2.5 2.5 3.4 4.1 4.0 3.8 3.8 3.6 4.0 2.6 4.0 2.1   -  
  South Eastern 2.3   1.1 2.5 3.7 2.7 3.8 2.0 3.3 1.2 0.6 0.8 1.4 -  

 


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.