Darwin vacancy rate eases, as rents rise lolita, 14/08/2025 News Corp Australia Network The Darwin rental market remained stable in December. Picture: Fia Walsh Darwin has begun 2024 with the highest capital city vacancy rate in the country even as rental prices trend up. The latest PropTrack Market Insight report showed the Darwin vacancy rate remained stable in December, holding at 2.65 per cent. PropTrack senior economist and report author Eleanor Creagh said Darwin’s rental market conditions had “improved slightly” across 2023. “Over the quarter, the vacancy rate in Darwin was up 0.87 percentage points, the biggest uptick among the capital cities,” he said. “Darwin’s rental vacancy rate also increased 0.55 percentage points across 2023. “Still, Darwin’s rental market is much tighter than pre-pandemic. “The vacancy rate declined 42 per cent compared to March 2020.” PropTrack senior economist Eleanor Creagh. Photo: Supplied Regional NT saw the largest vacancy increase in the country in December, up 0.48 percentage points month-on-month to 2.79 per cent. The vacancy rate was also up 0.66 percentage points for the year. The PropTrack data shows the median rent in Darwin was $590 per week, up 0.9 per cent for the December quarter and 1.7 per cent for the year. MORE NEWS: Darwin real estate more … Continue Reading