The Australian city where there are 3700 vacant homes for every 100,000 people [Video]

Amid a housing crisis, one Australian city has a vacancy rate of 3.7 per cent — 3700 vacant homes for every 100,000 people.

Well, in theory at least. But all is not as it seems.

Darwin Waterfront in the Northern Territory has the highest number of empty residential properties in the country, according to an analysis of data from the Australian Bureau of Statistics (ABS) undertaken by Top Removals.

Brisbane has the lowest number of empty homes at just two per 100,000 people.

“It’s surprising to see Darwin Waterfront Precinct ranking as the place with the highest number of empty residential properties in Australia, given that many other regional and rural cities rank among the top ten (for lack of vacancies),” Top Removals general manager Idan Peretz said.

Top Removals suggested this could be due to seasonal tourism, as many properties may be used as holiday homes.

“Meanwhile, Sydney, Australia’s most populated …