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With vacancy rates at historic lows across Australia, the rental market has become fiercely competitive.
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By Eliza Owen, Head of Research, CoreLogic Australia.
The long-term tightness in the Perth rental market has been slowly moderating, with median rents unchanged since March, according to REIWA’s latest data.
The Real Estate Institute of Western Australia (REIWA) says the issues raised in a new rental report don't paint an accurate reflection of the market.
Sydney rents grew at their slowest pace in nine years during the first quarter of 2018, though they remain the highest in the country.
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