Rental vacancy rates experienced an increase to 1.3% in June from 1.2% in May. Across the past 30 days to 4 August 2023 national rental asking prices remained steady, and property prices increased by 1.4%. The number of listings decreased by 4.4% significantly more than the historical seasonal average.

Vacancy rates remain steady at 1.2%, National rental asking prices increase marginally by 0.45% over the past 30 days, and property prices decrease by 2%.

SQM Research has revealed national residential property rental vacancy rates continued to rise to 1.2% in April 2023, marking the third consecutive monthly rise. Across the past 30 days, national asking rents increased by 0.2%, and national vendor asking prices recorded a second consecutive monthly rise at 2.1%

The national residential vacancy rate rose slightly to 1.1% in March from 1.0% recorded in February. Across the capital cities, there has been an increase in vacancies in Brisbane, Perth, and Hobart, while Sydney and Melbourne remained steady. Asking rents have risen across most regional and capital cities, with a decrease seen only in Sydney, Canberra, and Hobart. Over the past 30 days to 2 May 2023, vendor asking prices rose by a combined 0.2% nationally, for the second consecutive monthly rise.

SQM Research reported that the nationwide residential rental vacancy rate remained unchanged in February at 1.0% while the number of rental vacancies in Australia slightly increased by 448 dwellings. Over the past 30 days, national asking rents have remained steady with a 0% rise for houses and decreased by -0.4% for units. Residential property listing prices fell by -1.3% nationally over the past 30 days, however, in capital cities the asking price rose by 1.3%

The national vacancy rate decreased in January, back to 1.0% after the seasonal rise recorded in December. Overall capital city rents rose by 2.4%, with Melbourne experiencing the highest increase at 2.7%, while Hobart and Canberra decreased by 2.9% and 1.3% respectively.

The national vacancy rate increased to 1.3% in December, which has been attributed to seasonal factors by SQM Research, with a warning still in place for extremely tight rental market conditions in January and February. National weekly asking prices have increased by 1.1% over the past 30 days (16 January 2023).