Useful Facts Without Opinions: Brisbane’s rental vacancy rate
The Real Estate Institute of Queensland recently published their March quarter Vacancy Rate Report and with it the data for Brisbane for the past 5 years. We thought it’d make a topical graph! The REIQ says under 2.5% represents a “tight” market, 2.5% to 3.5% is “healthy” and over 3.5% is “weak”.
Please share your opinions. What do you think the future looks like for this graph?