Property market update: Brisbane, March 2021
By Zarah Mae Torrazo
23 April 2021
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1 minute read
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Brisbane’s property market continued its steady upward trajectory in March, building on its resilient performance throughout the COVID-19 pandemic. Is 2021 the year when the Sunshine State capital will be a frontrunner among its capital city peers? p Brisbane’s property market continued to defy pessimistic forecasts in March, recording the fastest rate of monthly growth the span class b-autolinkshadowbox Sunshine span class b-autolinkshadowbox links a href https://www.smartpropertyinvestment.com.au/data/nsw/2264/sunshine Sunshine, NSW /a a href https://www.smartpropertyinvestment.com.au/data/vic/3020/sunshine Sunshine, VIC /a /span /span State capital had seen in several years. /p
Falling rental vacancies push rents higher in most capital cities
By Bianca Dabu
07 April 2021
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1 minute read
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>Capital city vacancy rates remained largely below 2 per cent, with the exception of Melbourne and Sydney, Archistar’s latest
National Home Rental Market Report for March 2021 has revealed.
Darwin recorded the lowest vacancy rate across both units and houses of 0.8 per cent in March, followed by Adelaide and Canberra at 0.9 per cent, PerthPerth, TASPerth, WA and Hobart at 1.1 per cent, and Brisbane at 1.4 per cent.
Meanwhile, Sydney and Melbourne had significantly higher vacancy rates at 3.8 per cent and 4.5 per cent, respectively.