Performance Insights - What is Vacancy Rate?

David is joined by Heath Bedford, Director of Acquisitions at Performance Property Advisory, to chat about vacancy rates. This is a measure of the undersupply or oversupply of vacant properties in an area, and it can have impacts on rental prices. David and Heath take a look at two contrasting examples exhibiting one of the best vacancy rates in the country (Hobart), and one of the worst rates for investors (Perth). Performance Insights is one of three segments you will hear on the Performance Property Data podcast. They are released every Wednesday and Friday, giving you technical knowledge and the lowdown on key property markets around Australia. Property Insiders are released monthly and feature conversations with investment industry leaders offering knowledge and expertise. And The Property Pineapple is also released monthly, bringing you real-world experiences of actual investors. For more information about how Performance Property Data can help you maximise your investment dollar, head to www.performancedata.com.au