Latest REIQ data shows a slight rise of 0.2 per cent in the state-wide vacancy rate for December quarter.
Whilst the REIQ’s Residential Vacancy Rate Report for the December 2022 Quarter shows there was a minor easing of the vacancy rate, it is still extremely low.
The report covers 50 local government areas and sub regions, with 43 showing a vacancy rate rise from the September quarter to the previous quarter, with the other seven remained static.
“It’s too early to consider these rises a trend,” says Laura, “we’ll have to see what happens over the next quarter, but we’re anticipating rates to stay fairly static.”
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