Rents emerging at slower tempo in spite of ‘checklist prime’ 10pc surge final 12 months, CoreLogic says
Australian landlords handed on their biggest-ever hire will increase in 2022, and the cost-of-living scenario is not going to ease considerably for tenants in coming months.
Key issues:
- Rents were emerging at a slower tempo up to now six months
- Apartment vacancies are nonetheless very low (1.17 according to cent in December)
- New condo listings hit a 10-month prime final month
Final 12 months, the country’s median hire jumped by way of a “checklist prime” 10.2 according to cent to $555 a week, in keeping with assets analysts CoreLogic.
Brisbane and Adelaide had the biggest hire will increase (with a