Morning Briefing: Most liveable spots in one of the world's most liveable cities

A new Index has revealed Sydney's most liveable suburbs... National vacancy rate remains on hold over October...

Most liveable spots in one of the world's most liveable cities 
A new Index has revealed Sydney's most liveable suburbs

A new Urban Living Index has ranked Sydney's suburbs in order of most liveable, with the immediate north and south suburbs of the city's CBD - Crows Nest-Waverton and Surry Hills - coming top, the Sydney Morning Herald reports. 

Pyrmont-Ultimo, Marrickville, Potts Point-Woolloomooloo, North-Sydney-Lavender Bay, Randwick, Chatswood-Artarmon, Leichhardt-Annandale and Neutral Bay-Kirribilli were also part of the index's 10 most liveable neighbourhoods.

Other inner-city areas that rated highly included Pyrmont-Ultimo, Darlinghurst, Waterloo, Redfern and Erskineville in the top 20.
 
The list is likely to cause debate as what one person likes about a suburb may differ to another.

The index was produced by social research firm McCrindle for the Urban Taskforce Australia, an industry group representing property developers and listed the liveability of 228 suburban areas in Sydney.

Affordability, community, employability, amenity and accessibility of a suburb were used to determine how liveable it is.

Urban Taskforce chief executive Chris Johnson said the index aimed for "a more urban version" of indicators like amenity than some others. "We are trying to pick up on the urban essence of a city: thinking of London, Paris, New York or whatever," he said.

 
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National vacancy rate remains on hold over October
The latest residential vacancy rates for Australia’s capital cities have delivered little relief for landlords in two capital cities, with figures showing an increasing number of dwellings are on the lookout for tenant.

Already leading the way when it comes to vacancy rates, figures released by SQM Research this week have revealed that over October vacancy rates in both Darwin and Perth rose again.

According to the figures, vacancies rose by 0.2% to 3.5% in Darwin and by 0.1% to 3.8% in Perth over the month of October.

Over the 12 months since October 2014, the two cities’ rental markets have been at the mercy of the slowdown in the resource sector; over the year vacancies have risen by 75% in Darwin and 64% in Perth.

While Perth and Darwin are home to the nation’s vacancy rates, they weren’t the only markets to see vacancies rise over October, with Melbourne’s vacancy rate rising by 0.2% to 2.4% while Hobart’s vacancies rose 0.1% to 1.1%.

Despite the increase, Hobart still holds the lowest clearance rate for any capital city.

Over October vacancies fell in Canberra and Sydney, while they remained the same in Adelaide and Brisbane.

Australia-wide, the national vacancy rate stayed put at 2.3% over the month.

 
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