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Brisbane vacancy rate on the rise

By Staff Reporter
Brisbane City

New data has revealed that vacancies are rising in Australia's third largest city.

The number of vacancies in Brisbane has risen over the past month according to data released by SQM Research.

The vacancy rate in Brisbane rose from 2.4 per cent in May 2015 based on 7,651 vacancies, to 2.5 per cent in June 2015, based on 8,044 vacancies.

Canberra saw the highest percentage point increase in its vacancy rate month-on-month, jumping from 1.9 per cent in May 2015 based on 1,049 vacancies, to 2.2 per cent in June 2015 based on 1,195 vacancies.

PerthPerth, TAS Perth, WA also suffered with its vacancy rate jumping to the highest across the nation at 3.6 per cent, up from 3.4 per cent in May with vacancies increasing from 6,621 to 7,184.

The rest of the capital city vacancy rates for June 2015 were unchanged from May.

Hobart’s vacancy rate remained the tightest at 1.5 per cent with 397 vacancies.

Sydney’s vacancy rate remained at 1.8 per cent with 10,753 vacancies.

Adelaide remained tight as well with a vacancy rate of 1.9 per cent and 3,121 vacancies.

Melbourne’s vacancy rate remained at 2.3 per cent with 10,909 vacancies.

Darwin stayed steady on 3.5 per cent with 980 vacancies.

The overall national vacancy rate was kept low at 2.4 per cent based on 72,849 vacancies.

Brisbane vacancy rate on the rise
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