Rents continue double-digit growth

RESIDENTIAL PROPERTY

WHILE the pace of rental growth softened a touch in May, rents still rose by 11.7% over 12 months in the capital cities...

May’s 0.8% rise across both capitals and the regions followed gains of 0.9% and 1% in April and March respectively...

CoreLogic Economist Kaytlin Ezzy said the slowdown in the monthly growth rate was largely driven by a slowdown in...

“Regional rental growth has slowed dramatically from a year ago while capital city rents were up 1.0% in May. When you...

Capital city house rents increased 0.9% in May compared to a 1.4% lift for units. The gap between median house and...

CoreLogic figures showed 44.4% of house and unit markets recorded a rental increase of 10% or more in the year to May...

Sydney had 38 markets where rents declined, with the majority located on the Central Coast. In Melbourne...

Melbourne recorded the strongest month-on-month change in rents, rising 1.4% in May. Since the onset of COVID...

In the past year rents have increased in every capital and rest-of-state region except for Canberra, where there’s been a...

Nationally, there were 4,409 additional new rental listings added to the market over the month, nudging total rental ...

National vacancy rates increased from a record low of 1.1% in April to 1.2% in May. All other capital cities recorded vacancy rates...

New supply is considered by many property participants as a required mechanism to ease the national rental crisis...

Private capital, through the vehicles of shared equity schemes and rental investment trusts, presents the best opportunity to...

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