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Sydney's vacancy rate held steady in April at only 1.7 per cent, indicating there are supply constraints in the rental property market.
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The number of residential properties available for rent across Sydney rose 0.1% to 1.8% in June, says REINSW.
The property markets of Ballina, Byron Bay, and Tweed Heads have produced better total returns than Sydney and Melbourne over the long term.
Rises in Middle Sydney and falls in Outer Sydney balanced out to see the vacancy rates for Sydney steady overall.
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