Tenants may be relieved to hear Australia’s monthly rate of rental growth eased in June, but ongoing demand pressures and chronic undersupply has kept rental growth, particularly for units, well above long-term averages.

According to REIV CEO, Quentin Kilian, residential rental providers have been threatened in recent times with rent freezes, which are nothing more than a knee jerk reaction to an issue that requires careful deliberation, consideration and longer-term solutions.

The RBA held the cash rate at 4.1%, but kept the door open for a rate hike in August, citing ongoing concerns around the trajectory of inflation amid tight labour markets and uncertainty relating to the household sector

Luc and Marcus are names that are synonymous with residential real estate in Sunshine and the surrounding suburbs. Combined, the personal brands of Luc and Marcus and the innovative capability of Ray White has brought a fresh choice and a new approach to the dynamic property market of Melbourne’s west.