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Vacancy Rates For Melbourne

 

Source: Domain, The Sunday Age
Date: Sunday, January 24, 2010

Author: Chris Vedelago

 

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Residential Vacancy Rates – Melbourne

 

Summary: Outer Melbourne has one of the lowest vacancy rates in Melbourne – this is a good thing as it means there are few properties that are untenanted at any one time.

 

Area

Dec '07

Dec '08

Dec '09

Inner (0-4km)

1.1%

1.2%

2.1%

Inner (4-10km)

1.3%

1.0%

1.5%

Inner Total

1.2%

1.0%

1.6%

Middle

1.7%

1.6%

1.7%

Outer

2.2%

1.1%

1.2%

TOTAL

1.6%

1.2%

1.6%