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Queensland puts up the No Vacancy sign

Rental vacancy rates in Queensland have tightened to record lows as investors sell and owner occupiers become the dominant purchasers.

Aerial view of regional town Goondiwndi, with river winding around leafy suburbia and oval in distance.
Regional Queensland towns such as Goondiwndi have some of the tightest rental markets in the country.

Rental vacancy rates in Queensland have tightened to record lows as investors sell and owner occupiers become the dominant purchasers.

Vacancy rates have tightened across the state to record lows in the first quarter of 2022 in more than half of the 50 Local Government Areas and sub regions reported on by the Real Estate Institute of Queensland (REIQ).

The REIQ’s Residential Vacancy Report for the March 2022 quarter, released Friday (29 April),…