Australia’s housing market saw an increase in the number of vacant rental properties in April, according to a report by PropTrack.
In its Rental Vacancy Rates report for April 2024, it was found that the national vacancy rate increased by 0.09%, reaching a total of 1.21%.

“While vacancy eased in April, conditions remain incredibly tough for renters, with just 1.21% of rental properties sitting vacant over the month. This is less than half the level that is considered a healthy rate of vacancy,” said Anne Flaherty, an economist at PropTrack.

You may read the whole article here:
https://bit.ly/3WOjhsj