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Sydney's rental market is showing signs of stabilisation as vacancy rates shift. The property market is adjusting to new supply levels and changing tenant.
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.
The Sydney rental market remains tight in September 2026, with vacancy rates below 2 percent across most of the metropolitan area and rents still high.
Properties that were readily available earlier in 2026 are now seeing increased demand, with some listings receiving multiple applications within days.