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May 27
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Adelaide vacancies still below 2%

The vacancy rate in Adelaide  continued to ease in April, but still remains below 2%.

The Real Estate Institute of South Australia (REISA) said the vacancy rate for metropolitan Adelaide moved to 1.77% in April.

The REISA vacancy rate survey is broken down into six main areas:-

City and North Adelaide: 2.3%; Western Suburbs: 2.1%; Southern Suburbs: 1.95%; Eastern Suburbs: 2.2%; Northern Suburbs: 1.3% ; and Adelaide Hills: 1.3%.

ENDS