Sydney's balanced rental vacancy: HTW

Sydney’s rental vacancy trend is steady, according to Herron Todd White’s latest market report.

The property advisory firm states that the rental vacancy situation is that of a balanced market while demand for new houses are fair which is consistent with a steady trend in new house construction due to increasing volume of house sales.

Click to enlarge

The Sydney property market is rising with new properties occasionally sold at prices exceeding their potential resale value.

Other balanced markets include Brisbane, Melbourne and Canberra.