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Rental crisis deepens as vacancy rates slump

Martin Kelly

Australia’s rental crisis deepened through May as national vacancy rates fell from 1.1 per cent to 1 per cent, the lowest level in 16 years, and there is every chance they will fall again during June, SQM Research shows.

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Martin Kelly is a property reporter based in Sydney covering all aspects of commercial and residential real estate including major deals, market trends and developments. Email Martin at martinkelly@afr.com

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    Original URL: https://www.afr.com/property/residential/rental-crisis-deepens-as-vacancy-rates-slump-20220615-p5atvi