Speculative vacancies 10, A Persistent Puzzle : the study of Melbourne’s vacant land and housing
Fitzgerald, Karl
Speculative vacancies 10, A Persistent Puzzle : the study of Melbourne’s vacant land and housing - Prosper Australia, November 2020, - 66 pages
KEYWORDS: speculative vacancy rate; empty houses; Melbourne
Executive Summary: Prosper’s tenth analysis of vacant land and housing finds that 69,004 properties were likely vacant in 2019. This represents a
4.1% speculative vacancy rate.
This number of empty or underutilised properties could house over 185,000 people, making short change of Victoria’s 80,000 person public housing waiting list.
There were 24,042 properties which consumed zero litres of water per day on average over the 12 month period. That is 1.4% of tall residential properties observed.
When combined with Melbourne’s advertised rental vacancy rate of 2% and expressed as an equivalised ratio, the total vacancy rate reaches 4.7%.
Housing Market--VIC
Speculative vacancies 10, A Persistent Puzzle : the study of Melbourne’s vacant land and housing - Prosper Australia, November 2020, - 66 pages
KEYWORDS: speculative vacancy rate; empty houses; Melbourne
Executive Summary: Prosper’s tenth analysis of vacant land and housing finds that 69,004 properties were likely vacant in 2019. This represents a
4.1% speculative vacancy rate.
This number of empty or underutilised properties could house over 185,000 people, making short change of Victoria’s 80,000 person public housing waiting list.
There were 24,042 properties which consumed zero litres of water per day on average over the 12 month period. That is 1.4% of tall residential properties observed.
When combined with Melbourne’s advertised rental vacancy rate of 2% and expressed as an equivalised ratio, the total vacancy rate reaches 4.7%.
Housing Market--VIC