Tight rental vacancy rates trigger across the board surges in rents

From

SQM Research has revealed the national residential rental vacancy rate remains tight at just 1.7% over the month of July 2021. Meanwhile, rents surged for yet another month in most capital cities and regions. The national combined weekly rent stands at $508 a week, which was up by 1.3% for the past 30 days to

continue reading

Listings mixed over July – Sydney new listings dive on lockdown by lockdown

From

Key points National residential property listings rose in July 2021 by 1.1% to 238,834 from 236,218 in June. Compared to 12 months ago, listings dropped 23.6%. Nationally, new listings (Less than 30 days) fell 1.2% over July, with 71,518 new properties added onto the market. New listings are up 5.4% over the year. Old listings

continue reading

National rental vacancy rate drops in April

From

SQM Research has revealed the national residential rental vacancy rate dropped to 1.9% over the month of April 2021 from 2.1% in March, with suburban vacancy rates continuing to fall, with landlords demanding huge rent hikes in some locations including the Gold Coast and North Coast NSW. The total number of vacancies Australia-wide is now

continue reading

Total property listings rise in April

From

Figures released by SQM Research reveal national residential property listings rose in April 2021 by 2.4% to 262,617 from 256,568 in March 2021, while asking houses prices jumped 6.1% in Sydney as the property market gathers momentum. The largest monthly rises in property listing were in Canberra, Perth and Sydney, while Hobart listings fell 4.8%

continue reading

National rental vacancy rate rases in March

From

SQM Research has revealed the national residential rental vacancy rate rose to 2.1% over the month of March 2021 from 2.0% in February. The total number of vacancies Australia-wide is now 72,436 residential properties. The rise in vacancy rates is abnormal for March. It is the first time in since 2007 vacancy rates rose for

continue reading

Property Listings Decreased in January

From

Key Points National residential property listings decreased in January 2021 by 2.9%, falling from 272,999 in December 2020 to 265,116. Compared to 12 months ago, listings were down by 10.5%. All capital cities experienced decreases in property listings over the month except for Perth which had a 0.1% increase in listings. Nationally New listings decreased

continue reading

Total property listings increased significantly in October

From

Key points National residential property listings increased in October by 6.5% from 289,566 listings in September 2020 to 308,413.  Compared to 12 months ago, listings were down by 3.3%. All capital cities recorded increases in property listings over the month with Melbourne posting the highest increase of 26.7%. Nationally New listings surged by a significant

continue reading

National rental vacancy rate remains stable in September

From

SQM Research has revealed the national residential rental vacancy rate remained stable at 2.0% over the month of September 2020.  The total number of vacancies Australia-wide is now 70,389 vacant residential properties.  This time last year, the national vacancy rate was slightly higher at 2.1%. Most capital cities recorded declines in vacancy rates over the

continue reading

Total property listings decreased in September

From

Key points National residential property listings decreased in September by 1.2% from 293,053 listings in August 2020 to 289,566.  Compared to 12 months ago, listings were also down by 7.4%. Most capital cities recorded decreases in property listings over the month with the exception of Sydney and Perth which recorded a 1.8% and 0.9% increase,

continue reading

National rental vacancy rates decreased in August

From

SQM Research has revealed the national residential rental vacancy rate recorded a decrease over the month from 2.1% in July to 2.0% in August 2020.  The total number of vacancies Australia-wide is now at 69,971 vacant residential properties.  This time last year, the national vacancy rate was slightly higher at 2.2%. All capital cities recorded

continue reading