Victoria’s rental vacancy rate hits new low as population booms and banks crack down

Victoria’s rental vacancy rate hits new low as population booms and banks crack down

Updated August 24, 2018 08:49:53 Photo: The rental vacancy rate in outer Melbourne was below the Victorian rate. (Reuters: Mick Tsikas, file photo) The rental vacancy rate in Victoria has hit a record low, the state’s peak real estate body says, and the swelling population has been blamed. The latest …