• The reiwa.com vacancy rates are important indicators of how Western Australia’s rental markets are performing. Typically, a vacancy rate between 2.5 and 3.5 per cent represents a balanced market.

    The reiwa.com vacancy rates are collated from a survey of REIWA members’ rent roll numbers and calculated as a ratio of vacant rental properties divided by total rental properties (occupied and vacant). To mitigate volatility in the sample of responses, REIWA uses three month rolling figures.

    As the reiwa.com vacancy rates are collated via a survey, the accuracy is contingent on the sample of responses received from REIWA members. For that reason, the reiwa.com vacancy rates take between two and three weeks to be finalised (once the month has ended) to give enough time for all survey responses to be calculated.

    Rental vacancy rates

    Location (area) February 2021 January 2021 February 2020
    Perth 1.0% 0.8% 2.2%
    Albany  0.5% 0.4% 0.9%
    Bunbury  0.5% 0.6% 3.6%
    Geraldton  1.2% 1.0% 4.6%
    Kalgoorlie  0.7% 1.0% 2.2%
    Broome  1.2% 1.5% 4.1%
    Derby  2.1% 2.5% N/A

    *The reiwa.com monthly rental vacancy rate figures may be revised as additional responses are received and collated.