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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

My advice to an agent coming into real estate is to embrace the auction process because it is a fantastic platform to build your real estate career. It’s a great way to build your profile. Selling properties in less time, the days on market are reduced. You’re selling typically on an unconditional contract and it’s an excellent way to build your profile.