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Those are just the city centre (CBD) figures, not the figures for the whole city. Sydney as a whole is at 1.4%. http://www.sqmresearch.com.au/graphs/graph_vacancy.php?region=nsw%3A%3ASydney&type=c&t=1

Hobo-jo, You need to take into consideration the fall in persons per dwelling during that time... Persons per dwelling has recently ticked back up again (not shown on the chart above). I think the reason it started moving back up is because there are no longer enough new houses for people to...