Tag: how to rent out an apartment
The Latest My Housing Market Rental Report
Key takeaways
Australia is in an unprecedented rental crisis and there is no end in sight.
Rentals are growing at double digit rates and vacancy rates are at historic lows.
However some markets are strongly outperforming others as the tables below show
We’re suffering an unprecedented rental crisis with no end in sight.
Capital city rental markets have continued to report higher rents and fewer vacancies generally over December, ending 2023 with more bad news for tenants.
Adelaide was the top monthly performer with weekly house rent increasing sharply by 4.3%, followed by Perth and Melbourne each up 3.5%, Hobart
Australia’s property prices rise by 8 per cent in 2023
Corelogic’s latest housing report revealed housing prices continued to rise in 2023 but five of the eight capitals are still recording home values below record highs.
In 2021, property prices soared by 24.5 per cent.
Home values miss record highs in 2023
December saw the smallest increase in property prices, just 0.4 per cent, which CoreLogic’s research director Tim Lawless attributed to rising