PropertyDirector has just released the Top 100 suburbs in Australia with lowest vacancy rates for September 2024.
Here are 10 interesting suburbs that made the list. Rental vacancies in South Australia in particular appear to be super-tight.
Ranked #1: North Plympton, SA 5037 - 0.06% vacancy rate
Ranked #6: Osborne Park, WA 6017 - 0.08% vacancy rate
Ranked #7: Windale, NSW 2306 - 0.09% vacancy rate
Ranked #8: Sefton Park, SA 5083 - 0.09% vacancy rate
Ranked #9: Risdon Park, SA 5540 - 0.10% vacancy rate
Ranked #12: Emerald, QLD 4720 - 0.13% vacancy rate
Ranked #21: Golden Grove, SA 5125 - 0.15% vacancy rate
Ranked #22: Monash, ACT 2904 - 0.15% vacancy rate
Ranked #25: Montrose, TAS 7010 - 0.16% vacancy rate
Ranked #74: Doonside, NSW 2767 - 0.25% vacancy rate
As a refresher, rental vacancy rates are a measure for how tight rental stock is - anything below 2% is considered a high demand rental market, meaning the suburbs above have very high demand with limited rental stock available.
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