Rental crisis to last “years” amid “severe shortage” of homes
SQM Research has released its rental vacancy report for August, which recorded a 1.3% vacancy rate nationally, the same rate as July and a 0.1% rise year-on-year: The overall number of rental vacancies in Australia was 39,665 in August, down slightly from 39,701 in July 2024 but up from 35,425 in August 2023.