Download the Speculative Vacancies report As written up in The Age today, p5: Speculators ‘locking up’ empty dwellings that could be homes Michelle Griffin PROPERTY speculators have locked up 46,220 empty homes in metropolitan Melbourne, the housing campaign group Earthsharing Australia says. In a documentary soon to be released, Real Estate 4 Ransom, the group [...]

The Gillard Government’s Clean Energy Future plan signifies that the game is up for the free rider’s polluting our planet. The Carbon Tax of $23 per tonne of carbon for July 1 2012 – June 30 2013 sends a clear message that polluters must pay. In this age of compromise politics, the industry lobbyists who [...]

“With 46,220 properties vacant in Melbourne, the myth we have a housing shortage cannot go on much longer,” Earthsharing Australia spokesperson Karl Fitzgerald said today. Earthsharing’s Speculative Vacancies report highlights that tightness in rental stock does not equate to a lack of housing. The much quoted REIV’s 1.7% vacancy rate (Nov 2010) only refers to [...]

Australia’s endless debate about property prices pivots on the balance of supply and demand. Earthsharing’s Speculative Vacancies in Melbourne 2010 Report demonstrates that nearly five percent of all houses in Melbourne are simply empty and unused. The report identifies and measures the scale and extent of speculative vacancies – properties held out of use in [...]

Author: Tom Curtis Research Director: Karl Fitzgerald Executive Summary We estimate the Speculative Vacancy Rate for Melbourne in 2011 to be 4.94% or 46,220 of 935,305 properties surveyed. Our Estimated Speculative Vacancy Rate is more than twice the REIV’s Rental Vacancy rate for the same period of 1.7%. The rental vacancy rate is the rate [...]