The rental market continues to tighten, with evidence of massive queues of people lining up to inspect rental properties across Sydney.
The following article from RealEstate.com.au shows an example of 150 people lined up to inspect a property in Sydney - https://www.realestate.com.au/news/insane-footage-shows-150-people-queuing-to-view-sydney-rental/
Shown below are vacancy rates in the suburbs of Zetland (postcode 2017) and Randwick (postcode 2031), where vacancy rates are at 0.93% and 0.73% respectively.
Vacancy rates are not only super tight in these areas, but also in areas including Western Sydney where we continue to see evidence of huge lines for rental inspections.
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