Vacancy Rate Archives · Australian Loans Group

Rental Shortage Set To Linger

Posted on 29/09/202326/09/2023 by Laze Spasevski

The rental shortage is set to linger as the national vacancy rate in July dropped to 1.3%. It is forecasted by SQM Research that this is unlikely to change anytime soon. The rental shortage is likely due to 2 major factors: A rapid increase in population. Fewer new homes are completed in 2023 compared to 2022. SQM managing director Louis Christopher said. “Australia currently has...
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Rental Income Rose During 2022

Posted on 08/02/202308/02/2023 by Laze Spasevski

Rental market conditions have strongly favored property investors during 2022 as rental income rose significantly. CoreLogic has reported that the median rent for an Australia investment property increased 10.2% during the year. The city-by-city breakdown was: Brisbane4% Adelaide9% Sydney4% Perth2% Melbourne6% Hobart3% Darwin1% Canberra3% During 2022, the nation...
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Rents Rising

Posted on 21/11/202223/11/2022 by Laze Spasevski

New analysis has revealed two big reasons why rents, which are already rising steeply, are set to continue increasing. First, the number of properties listed for rent is much lower than pre-pandemic, in both capital cities and regional areas, according to PropTrack economist Angus Moore. So supply has fallen. Second, Australian Bureau of Statistics data show a significant increase in mig...
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Demand is Increasing For Office Spaces

Posted on 20/09/202207/09/2022 by Laze Spasevski

Demand is increasing for CBD office spaces. This signifies a reversal of the trend we saw emerge during the 2020 and 2021 Covid years where offices were left almost abandoned in many cities as businesses pivoted to work from home arrangements. However, when looking at the numbers they appear to be suggesting otherwise. Australia's CBD vacancy rate in the six months to July was 12.0%, com...
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Vacancy Rate 1% Nationally

Posted on 02/08/202216/08/2022 by Laze Spasevski

Australia recorded a national vacancy rate of just 1.0% in June, according to SQM Research, which means the rental market is strongly favouring property investors. Over the past 12 months, the percentage of vacant properties has fallen from 1.7% to 1.0%. As a result, there is now only one vacancy for every 100 rental properties. Extraordinarily, as you can see in the chart below, the vac...
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