Rental markets finished the year on a softer note, with the national rental index up just 0.1% in the month of December to be 0.4% higher through the December quarter and 4.8% higher over the calendar year according to Corelogic. Source: Corelogic January 2025 CoreLogic’s research director, Tim Lawless, said:. “This was the smallest December…
Do you know which areas or suburbs in Australia are leading in terms of rental affordability? Or have you wondered how your suburb ranks in terms of rent prices compared to the rest of the country? By now we’re all aware that Australia is going through a rental crisis, with soaring rents and a lack…
As Australia’s rental crisis deepens, build-to-rent developments promise more housing—but will they build the right homes in the right places at the right price? The recent passage of build-to-rent legislation is expected to unlock 80,000 new homes nationwide, heralded as a significant step towards addressing Australia’s housing supply issues. These developments, often backed by institutional…
Soaring prices, very low rental vacancy rates and a lack of affordable housing continue to put a strain on Australia’s rental markets and keep us in a rental crisis situation. While rental price growth has slowed, monthly and annual increases continue to push affordability to its peak. Meanwhile, there is still growing concern that the…
Victoria’s rental market has reached an unprecedented milestone, with new data released by the Department of Families, Fairness and Housing showing that the rate of investors selling their investment properties is rising. They looked at the amount of rental bonds (a proxy for the number of rental properties in a market)) which indicates there are…
Sydney’s rental market continues to be in crisis, with extremely low vacancy rates, high rent prices, strong demand, and a rising population keeping the city’s property market in a pressure cooker environment. Here’s a rundown of all the current Sydney rental market trends, and what we can expect to face next. Current rental market trends…
After several years of surging rent prices, Australia’s rental market may finally be entering a cooling phase. According to Domain’s Rent Report for the September quarter of 2024, growth in rental prices has slowed significantly, marking the weakest September quarter since 2019 for houses and 2020 for units. While renters are still dealing with historically…
Proposed changes to the minimum energy efficiency standards for rental properties in Victoria could soon see landlords facing increased costs in a bid to help the state move towards net zero emissions. While the intentions behind these reforms are commendable, the reality is that these changes will have significant financial implications for landlords, many of…
Sydney has once again cemented its status as a global leader in luxury real estate, with its prime rental market topping the charts for growth in 2024. This remarkable achievement places Sydney at the forefront of the world’s most coveted cities for high-end tenants, surpassing even heavyweights like New York, London, and Hong Kong. But…
Property investors in Victoria will soon need to meet minimum heating and cooling standards under new proposed minimum standards. The state government has begun the consultation process to expand rental standards, which includes requirements for ceiling insulation, draught proofing, hot water efficiency and cooling necessities. The proposed changes to Victoria’s minimum rental standards were open…
