Glossary

The purpose of this glossary is to define terms commonly used in our research as well as in housing, homelessness, urban and cities policy. It is a useful reference to help you familiarise you with housing-specific terms used across our publications and on our website.

This glossary is limited to terms and acronyms most used by Australian academics and governments.

If there is a term you would like to see included in the AHURI Glossary, please contact us at information@ahuri.edu.au.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

V

Vacancy rate

The proportion of private rental sector properties that are currently unrented but are available to rent in a specified region. Traditionally, a fair rental market (for both landlords and tenants) has a 3% vacancy rate.

Value capture

A tax to capture an increase of value generated through public investment or planning, such as the provision of new infrastructure or rezoning of land. Value capture can be essential in helping government fund local infrastructure improvements or in establishing new urban areas.