No relief for tenants as vacancy rate falls in January, with Sydney worst hit

Rental vacancy rate dips in capital cities including Melbourne, Brisbane and Canberra at popular time for renters seeking a new property, PropTrack says

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January provided no relief for tenants looking for a place to live as the number of vacant homes fell nationally, with Sydney worst hit, new data has revealed.

The national rental vacancy rate was at 1.09% in January, falling 0.04 percentage points over the month, according to the latest PropTrack Market Insight report.

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