Record-low rates, government support and stimulus measures ,and the pandemic-driven rush north by Melburnians and Sydneysiders have turbo-charged the recovery under way in Brisbane’s private rental market, pushing the vacancy rate down to a near nine-year low.
Greater Brisbane’s rental vacancy rate fell to 1.5 per cent last month from 1.7 per cent in January and was well down from 2.2 per cent a year earlier, new figures from consultancy SQM Research show, driving the overall rate in the Queensland capital to a level it last touched in July 2012.
Article Source: www.afr.com
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