Figures released by SQM Research this week reveal that the number of residential vacancies nationally fell during January, recording a vacancy rate of 2.5%, and 75,524 vacancies.

 

Canberra recorded the largest monthly fall, with vacancies falling .5% over the month of January.

 

Darwin vacancies fell from 4.2% in December 2015 to 3.8%, while marginal decreases were experienced in Brisbane (down to 2.7%), Sydney (down to 1.8%), Melbourne (down to 2.5%), Hobart (down to 0.9%), Perth (down to 4.0%) and Adelaide (down to 2%).

 

Year-on-year, the only increases recorded were Perth, which rose about 1.3%, and Darwin and Adelaide which grew about .2% each.