Australian Property Forum

Residential Vacancy Rates

Postcode 4720

270
203
135
68
5536





7533385





007434





7194555





63085





40963





7340567





29282710





86002398171





622200918425





7908231762662





37120667





134219





1747831





52035589055





22256552563838218





628213481960801566990





2992311115860535





8822256040575382





22314157925887775639





02539721480491





562680098021146456942





4627362226492364





201326707377970506





579839300703441





18566725569142
2.2%
12%
9%
6%
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number of vacancies
vacancy rate

Source: SQM research.com.au

Postcode or suburb:   

More Charts & Demographics

 

Please click here for terminology.

Rental Vacancies

The Rental Vacancies component is based on all monitored and unique online listings for the period of a calendar month. The series starts off in January 2005.

All listings are taken from online monitoring of major listings sites. Only those properties with unique addresses or a unique listing id are used. Those advertisements with no addresses are excluded from the series. Any addresses repeated between sites are de-duped.

Only those listings that have been advertised for three weeks or more (and are still currently advertised as at the time of collation) are used.

Established Dwellings

For years 2001, 2006 and 2011 we use the number of total established Dwellings (as a base) by postcode as determined by the ABS census, and multiply this by the percentage of renters for each postcode also provided in the census. With the 2016 census update we have used the number of renters as counted plus a proportion of renters multiplied by occupant not stated nor applicable. Years and months in between census points are interpolated. This provides an estimated available total stock for rent.

The numerator is then divided into the denominator, which provides a vacancy rate percentage.

Some have argued that using online real estate listings cannot be done because of advertising of false listings and properties that are only advertised for a fleeting moment as they are taken up immediately. We have addressed those issues.

We have left out those ads without an advertised address or unique property id and have also taken into account a whole month’s worth of listings which automatically adjusts for those ads withdrawn quickly.