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Stability continues across Sydney rental market 

19 October 2017

Sydney vacancy rates largely remained unchanged last month, according to the REINSW Vacancy Rate Survey for September.

REINSW President John Cunningham said the September results saw availability in the Sydney metropolitan steady at 2.0 per cent. 

“Vacancy rates in Outer Sydney remained unchanged at 1.8 per cent, while Inner and Middle Sydney rose 0.3 percentage points and 0.1 percentage points to 2.2 per cent and 2.4 per cent respectively,” Mr Cunningham said.

In the Illawarra, vacancy rates rose 0.4 percentage points to 2.5 per cent led by Wollongong up 0.5 percentage points to 2.7 per cent. The Hunter increased 0.1 percentage points at 2.0 per cent with Newcastle up 0.2 percentage points at 2.9 per cent.

Across regional areas, New England had a vacancy rate of 3.3 per cent up 0.2 percentage points, Coffs Harbour remained steady at 2.4 per cent and Northern Rivers slipped 0.2 percentage points at 0.8 per cent. 

For the full results, visit here.