Sydney rental market: October 2026 vacancy rates
Sydney vacancy rates and median rents have shifted again. Here is the October 2026 rental market update for tenants and investors across the metro area.
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Sydney vacancy rates and median rents have shifted again. Here is the October 2026 rental market update for tenants and investors across the metro area.
Sydney's housing crisis is no longer a problem for the distant future or for a marginalised few. It has become a defining feature of the city's economic.
Build-to-rent is emerging as a structural solution to Sydney's rental shortage, with 7,600 units currently under construction and 18,200 proposed.
Greater Sydney's owner-occupier rate has fallen to 59.9 percent in 2025, the lowest level since the late 1950s, according to KPMG analysis of rental bond.
Apartment rents across Sydney rose 2.4 per cent in the June quarter, taking the city's median advertised weekly rent for a one-bedroom apartment to $720.
Homes within one kilometre of Sydney Metro stations command rent premiums of up to 80 percent above the Greater Sydney median, but value growth.
The NSW Government's tenancy law reforms, which took effect in stages from October 2024, have produced no evidence of negative impact on the rental market.