SQM detects slight shift in national vacancy rates
With 50,774 national residential vacancies, landlords only benefited from a slight fall in the vacancies rate.
It was the third straight monthly dip, with the national vacancy rate now at 1.8%, according to property research house SQM Research.
Melbourne still has the highest vacancy rate among the capital cities, with a 2.8% vacancy rate and a total of 11,702 vacancies.
Click to enlargeDarwin has the tightest vacancy rate of the capital cities, a vacancy rate of 0.5% and a total of 114 vacancies.
Hobart recorded the highest yearly vacancy rate increase, rising by 1% to 2.7%, with a total of 730 vacancies.
Canberra and Darwin were the only capital cities to record monthly increases in vacancies, rising by 0.1 percentage points to 1.2% and 0.5% respectively.
All other capital cities either remained the same or experienced minor declines during August 2012.