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Darwin hits near-zero vacancy

SQM Research data for April 2026 reveals Australia’s national vacancy rate rose to 1.2%. While Sydney and Melbourne see modest easing, Darwin’s market has tightened to a critical 0.3% , driving national asking rents to an average of $696.94 per week.

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TRANSCRIPT

For all you agents that are thinking that auctions, you gotta remember that communication is the key. You got to communicate with your vendor at all times. The reason for that is, you communicate with your vendor all times, what will happen is you’ll get a great result in auction day. 
 
You got to remember the vendor is the priority. Work hard with your buyers, but your vendor is the most important person when dealing, regarding an auction.