Powered by MOMENTUM MEDIA
realestatebusiness logo

Breaking news and updates daily. Subscribe to our Newsletter!

Home of the REB Top 100 Agents
Breaking news and updates daily. Subscribe to our newsletter

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

rpm logo latest

Vacancy rates in Sydney hold firm amid downturn fears

By Tim Neary
23 January 2018 | 1 minute read
fall price house reb

Sydney’s residential vacancy rates have held steady despite early signs of a downturn in the market, new REINSW figures show.

According to figures published in the REINSW Vacancy Rate Survey, the vacancy rate in metropolitan Sydney remained stable in December 2017, increasing by 10 basis points to 2.2 per cent.

“During 2017, we saw a slight decline in rental availability in Sydney which bottomed out in March and April before rising again as the year progressed to see supply meeting demand,” REINSW president Leanne Pilkington said.

Vacancy rates in inner Sydney dropped by 0.1 per cent to 2.0 per cent in December, while supply of vacant housing in outer Sydney rose by 20 basis points to 2.3 per cent.

Residential vacancy rates in the Hunter region declined by 0.3 per cent to 1.7 per cent, with supply in Newcastle slipping by 0.6 per cent to 1.7 per cent.

The Illawarra and Wollongong both experienced a 0.1 per cent fall in vacancy rates to 1.7 per cent.

Further, across regional NSW, residential vacancy rates in Albury dropped by 0.7 per cent to 2.3 per cent, while Coffs Harbour experienced a fall of 0.2 per cent to 1.8 per cent.

Conversely, Northern Rivers (up by 0.1 per cent to 0.9 per cent) and New England (up by 0.2 per cent to 2.5 per cent) both experienced slight increases.
 

Vacancy rates in Sydney hold firm amid downturn fears
fall price house reb
lawyersweekly logo
Rankings
rankings
JUST RELEASED
May 09, 2022

REB Top 50 Women in Real Estate 2022

REB is thrilled to present the Top 50 Women in Real Estate 2022 ranking, which sets t ... LEARN MORE

rankings
JUST RELEASED
May 04, 2022

REB Top 100 Agents 2022

Now in its second decade, the REB Top 100 Agents 2022 rankings are the most revered s ... LEARN MORE

rankings
JUST RELEASED
May 02, 2022

REB Top 50 Agents NSW 2022

Even a pandemic has not put the brakes on the unstoppable property market in NSW, whi ... LEARN MORE

rankings
JUST RELEASED
April 27, 2022

REB Top 50 Agents VIC 2022

The COVID-19 crisis has not deterred the property market in Victoria, which has been ... LEARN MORE

rankings
JUST RELEASED
April 25, 2022

REB Top 50 Agents QLD 2022

As the property market continues to roar in Brisbane and Queensland, the REB Top 50 A ... LEARN MORE

Coming up

rankings rankings

 

Subscribe to our RPM
mailing list

 

Do you have an industry update?

top suburbs

12 month growth
Box Hill
127.02%
Mollymook
82.85%
Brightwaters
79.93%
Cleve
78.13%
Bawley Point
76.2%
Murrays Beach
75.57%
Terranora
70%
Crescent Head
69.38%
Park Ridge South
68.32%
Mollymook Beach
67.09%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
Subscribe to Newsletter

Ensure you never miss an issue of the Real Estate Business Bulletin.
Enter your email to receive the latest real estate advice and tools to help you sell.