PHOTO: For Lease signs outside a block of units in inner Sydney. Picture: AAP Source: istock
Figures released yesterday showed there are 19,572 properties sitting vacant — with Kellyville in the Hills region the worst hit area.
But even the eastern suburbs has more homes up for rent than ever before.
And housing experts said the oversupply was only going to get worse as high-rise projects committed to during the housing boom still only halfway through construction are finished.
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