The national vacancy rate of 1.3% in April 2025, combined with a national average weekly rent of $650 (down 0.7% over the past month), suggests a slight easing of rental market pressure, according to the latest data from SQM Research. Over the past 12 months, national rents have risen by 3.9%, a slowdown from previous…
Nationally, house asking prices increased by 0.3%, while unit asking prices increased by 0.2%, resulting in a combined increase of 0.3%. Among capital cities, the average asking price rose by 0.7%, with houses increasing by 0.8% and units by 0.3%. Sydney’s market saw house asking prices rising by 1.8% and unit prices increased by 0.9%,…
Australian capital city dwelling prices will commence a recovery in 2023 as a result of a pause in the rise of interest rates we can expect to occur by no later than June 2023. The cash rate is tipped to rise to no higher than 4.00% and from that point, stay on hold for the…
