Skip to content
Property Real Estate

Suburbtrends reveals surprising decrease in rental vacancy rates across 50 Australian regions

Suburbtrends 2 mins read
Nambucca Heads

Suburbtrends reveals surprising decrease in rental vacancy rates across 50 Australian regions

Newcastle, NSW - Suburbtrends, a leading provider of property market analytics, has revealed a surprising trend in the Australian rental market. Despite recent signs of a possible increase, vacancy rates have instead dropped significantly in 50 key regions across the nation.

Suburbtrends' latest Vacancy Watch Report has identified 50 regions where rental vacancy rates have fallen by half a percentage point in the last four weeks. This shift comes as a surprise, given the slight increase in vacancy rates observed nationally in June.

Kent Lardner, Suburbtrends' founder, shed light on this unexpected development. "Our analysis shows a significant drop in vacancy rates across 50 regions. Contrary to the uptick we observed in June, it seems that trend was more of a blip. The market has adjusted downwards again, with decreases recorded in every capital city."

The report, based on a meticulous examination of rental listings and Census 2021 data, details the changes in vacancy rates across different Statistical Area 3 (SA3) regions. "We've strategically used SA3 data to provide a stable, reliable view of the rental market trends month-to-month, while incorporating suburb-level data to highlight local nuances," Mr. Lardner explained.

Unfortunately, the tightening rental market may be disheartening news for many renters. "This decrease in vacancy rates could make it more challenging for potential renters to find suitable properties," Mr. Lardner noted. "While the trend may not come as a shock, especially for those actively searching for a rental property, it certainly doesn't make their task any easier."

Suburbtrends remains committed to providing accurate, timely property market analytics to assist renters, real estate professionals, and property investors in navigating the dynamic Australian property market.

For more information on the latest rental vacancy trends, visit

About Suburbtrends

Suburbtrends is at the forefront of utilising advanced AI technologies in the realm of property market analytics. Harnessing the power of AI and OpenAI's ChatGPT, Suburbtrends transforms complex property data into clear, actionable insights. This unique AI-driven approach enables real estate professionals, property investors, and renters to navigate the Australian property market with enhanced precision and foresight. With a commitment to innovation and accuracy, Suburbtrends is revolutionising the industry's approach to property research and decision-making tools.

Media Contact

Name: Kent Lardner | Title: Founder
Email: | Phone: 0458 936 912

Excel Download:


Contact details:

A full Excel download file can be downloaded using this link:


More from this category

  • Government VIC, Property Real Estate
  • 28/11/2023
  • 16:29
Housing for the Aged Action Group

Victorian Inquiry recommends building 60,000 new social homes and starts an important conversation about what ‘affordable housing’ really means

Melbourne, November 28: Building 60,000 new social housing homes, an improved definition of ‘affordable housing’, tackling discrimination in the private rental market, and improving security of tenure are recommendations from the Inquiry into the Rental and Housing Affordability Crisis in Victoria that will help protect older Victorians from homelessness. Housing for the Aged Action Group Executive Officer Fiona York said the final report, which the Legislative Council’s Legal and Social Issues Committee released today, includes a number of recommendations that, if implemented by government, would help prevent many older people from falling into housing crisis and homelessness. “More and more…

  • Government VIC, Property Real Estate
  • 28/11/2023
  • 16:24
Community Housing Industry Association Victoria

Calls to build 60,000 social homes in Victoria intensifies

Community Housing Industry Association Victoria is urging the Victorian Government to heed a parliamentary committee’s call for a surge in social housing, as the state grapples with a worsening rental crisis. The ‘inquiry into the rental and housing affordability crisis in Victoria’ recommends the government build an additional 60,000 social housing dwellings over the next decade. CHIA Vic’s chief executive Sarah Toohey said there’s no time to waste in building more social housing in Victoria. “There’s a dire need for more social and affordable housing as a growing number of Victorians live through the horror housing crisis. Right now, more…

  • Political, Property Real Estate
  • 28/11/2023
  • 15:53
Council to Homeless Persons

Homelessness peak urges Victoria to commit to 60,000 new public and community homes

Media release | Tuesday, 28 November 2023Council to Homeless Persons welcomes a bipartisan parliamentary committee’s call for Victoria to construct 60,000 public and community homes over the next decade.The peak body says 6,000 homes each year are needed just to keep up with current demand and urges the Victorian Government to act now.CHP CEO Deborah Di Natale says:“Victoria is in the grip of a once-in-a-generation housing and homelessness crisis and does not have time to waste. We have to build our way out with 6,000 new public and community homes each year while reforming the broken private rental market.“Council to…

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time your distribute with Medianet. Pay per release or save with a subscription.