The number of residential rental properties available across Sydney has risen 0.1% to 1.8%, according to data released by the Real Estate Institute of New South Wales.

REINSW President John Cunningham said the June 2016 REINSW Vacancy Rate Survey saw a rise across all areas.

“Inner Sydney was up 0.1% to 1.6%, Middle Sydney rose 0.2% to 1.9%, while Outer Sydney rose 0.1% to 1.9%,” Cunningham said.

“Despite increases across Sydney, the market remains tight. We expect this to continue in the long term as supply continues to fail to meet demand,” Mr Cunningham said.

In the Hunter, vacancy rates rose 0.3% at 2.7, with Newcastle up 0.1% to 2.2%.

In the Illawarra, vacancy rates rebounded 0.4% at 1.8%, led by Wollongong which rose 0.3% at 1.5%.

Across regional areas, Northern Rivers rose 0.2% at 1.2%, Mid North Coast rose 0.9% to 2.4% and Albury rose 1.5% to 4.3%. New England fell 0.1% at 3.9% and Coffs Harbour dropped 0.2% at 2.1%.

Note:

* ‘Inner’ Sydney includes suburbs in the following LGAs: Ashfield, Botany Bay, Lane Cove, Leichhardt, Marrickville, Mosman, North Sydney, Randwick, Sydney, Waverley and Woollahra.

* ‘Middle’ Sdyney suburbs are in the following LGAs: Auburn, Bankstown, Burwood, Canterbury, Canada Bay, Hunters Hill, Hurstville, Kogarah, Ku-ring-gai, Manly, Parramatta, Rockdale, Ryde, Strathfield and Willoughby.

* ‘Outer’ suburbs are in the following LGAs: Baulkham Hills, Blacktown, Blue Mountains, Camden, Campbelltown, Fairfield, Gosford, Hawkesbury, Holroyd, Hornsby, Liverpool, Penrith, Pittwater, Sutherland, Warringah, Wollondilly and Wyong.

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