Markets

Vacancy rates are still rising in Melbourne as the city struggles to fill inner-suburban apartments

Despite Melbourne’s reopening, tenants are not rushing back to the inner-city. Vacancy rates largely continue to rise in the city’s inner suburbs, including Stonnington, Whitehorse, Yarra, Port Phillip, and Boroondara. It has helped keep around 27,000 Melbourne properties empty, while Tasmania and South Australia experience increasingly tight rental markets. Visit […]
Vacancy rates are still rising in Melbourne as the city struggles to fill inner-suburban apartments
Markets

The property market is bracing for the collapse in international student numbers – with Australia’s economy to feel the blow for years to come

International students no longer coming to Australia is set to have major economic ramifications, including to the property market. A new report from the National Housing Finance and Investment Corporation (NHFIC) projects demand for housing will fall by 232,000 over the next three years as a direct result of international […]
The property market is bracing for the collapse in international student numbers – with Australia’s economy to feel the blow for years to come