The latest Vacancy Rate Survey by the Real Estate Institute of New South Wales (REINSW) revealed tighter residential vacancy rates all over Sydney, with an overall vacancy rate of 1.8%.
Middle Sydney led all the property markets with a vacancy rate of 1.6%, down 0.3%.
These included suburbs in Auburn, Bankstown, Burwood, Canterbury
, Canada Bay, Hunters Hill, Hurtsville, Kogarah, Ku-ring-gai, Manly, Parramatta
, Rockdale, Ryde, Strathfield, and Willoughby.
Outer Sydney also saw a decline of 0.2% at 1.7%, while Inner Sydney remained steady at 1.9%.
The Illawarra region also experienced a 0.3% fall in vacancy rate at 1.6%. Meanwhile, the vacancy rate in Hunter region rose 0.3% to 2.7%, led by a rise in Newcastle
Regional areas also had declining vacancy rates. New England fell 0.8% at 3.9%, Murrumbidgee dropped 0.1% at 1.5%, and Albury
was down 0.6% at 3.1%.
With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now
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