The latest national rental vacancy figures suggest a gradual improvement in the rental market.
According to PropTrack, there was a slight increase in available rentals, marking the third consecutive month of gains.
The national vacancy rate rose by 0.08 percentage points to 1.3 per cent, indicating rental availability is drifting higher.
Sydney and the ACT led the way with the largest increases in rental vacancy rates, rising 0.16 and 0.18 percentage points respectively. Perth also showed significant improvement over the past three months, with its availability increasing by 0.40 percentage points.
Adelaide and Brisbane remain the markets with the tightest rental conditions, although they did see a slight improvement.
Regional markets saw a smaller rise, at just 0.02 percentage points, bringing the regional vacancy rate to 1.26 per cent.
