The Rental Specialists’ Post

Rents still rising, but at a slower rate The median house rent in Australia's combined capital cities jumped another 11.1% between the June quarters of 2023 and 2024, according to Domain. Significantly, though, the pace of growth slowed noticeably in the most recent quarter, with house rents remaining flat in two cities (Sydney and Perth) and declining in a third (Hobart). Domain’s chief of research and economics, Dr Nicola Powell, said the rental market was likely to end the year in a more balanced state than it began. “Many cities are seeing the weakest outcome for a June quarter in a number of years. It shows that strong rates of rental growth are likely to be behind us,” she said. “Rental supply is rising. We’ve got investors coming back into the market. The outlook for the next 18 to 24 months is better for tenants than the last two years.” #property #realestate #homeloans #therentalspecialists

Rents still rising, but at a slower rate The median house rent in Australia's combined capital cities jumped another 11.1% between the June quarters of 2023 and 2024, according to Domain. Significantly, though, the pace of growth slowed noticeably in the most recent quarter, with house rents remaining flat in two cities (Sydney and Perth) and declining in a third (Hobart). Domain’s chief of research and economics, Dr Nicola Powell, said the rental market was likely to end the year in a more balanced state than it began. “Many cities are seeing the weakest outcome for a June quarter in a number of years. It shows that strong rates of rental growth are likely to be behind us,” she said. “Rental supply is rising. We’ve got investors coming back into the market. The outlook for the next 18 to 24 months is better for tenants than the last two years.” #property #realestate #homeloans

Rents still rising, but at a slower rate The median house rent in Australia's combined capital cities jumped another 11.1% between the June quarters of 2023 and 2024, according to Domain. Significantly, though, the pace of growth slowed noticeably in the most recent quarter, with house rents remaining flat in two cities (Sydney and Perth) and declining in a third (Hobart). Domain’s chief of research and economics, Dr Nicola Powell, said the rental market was likely to end the year in a more balanced state than it began. “Many cities are seeing the weakest outcome for a June quarter in a number of years. It shows that strong rates of rental growth are likely to be behind us,” she said. “Rental supply is rising. We’ve got investors coming back into the market. The outlook for the next 18 to 24 months is better for tenants than the last two years.” #property #realestate #homeloans

Rents still rising, but at a slower rate The median house rent in Australia's combined capital cities jumped another 11.1% between the June quarters of 2023 and 2024, according to Domain. Significantly, though, the pace of growth slowed noticeably in the most recent quarter, with house rents remaining flat in two cities (Sydney and Perth) and declining in a third (Hobart). Domain’s chief of research and economics, Dr Nicola Powell, said the rental market was likely to end the year in a more balanced state than it began. “Many cities are seeing the weakest outcome for a June quarter in a number of years. It shows that strong rates of rental growth are likely to be behind us,” she said. “Rental supply is rising. We’ve got investors coming back into the market. The outlook for the next 18 to 24 months is better for tenants than the last two years.” #property #realestate #homeloans

Rents still rising, but at a slower rate The median house rent in Australia's combined capital cities jumped another 11.1% between the June quarters of 2023 and 2024, according to Domain. Significantly, though, the pace of growth slowed noticeably in the most recent quarter, with house rents remaining flat in two cities (Sydney and Perth) and declining in a third (Hobart). Domain’s chief of research and economics, Dr Nicola Powell, said the rental market was likely to end the year in a more balanced state than it began. “Many cities are seeing the weakest outcome for a June quarter in a number of years. It shows that strong rates of rental growth are likely to be behind us,” she said. “Rental supply is rising. We’ve got investors coming back into the market. The outlook for the next 18 to 24 months is better for tenants than the last two years.” #property #realestate #homeloans

Rents still rising, but at a slower rate The median house rent in Australia's combined capital cities jumped another 11.1% between the June quarters of 2023 and 2024, according to Domain. Significantly, though, the pace of growth slowed noticeably in the most recent quarter, with house rents remaining flat in two cities (Sydney and Perth) and declining in a third (Hobart). Domain’s chief of research and economics, Dr Nicola Powell, said the rental market was likely to end the year in a more balanced state than it began. “Many cities are seeing the weakest outcome for a June quarter in a number of years. It shows that strong rates of rental growth are likely to be behind us,” she said. “Rental supply is rising. We’ve got investors coming back into the market. The outlook for the next 18 to 24 months is better for tenants than the last two years.” #property #realestate #homeloans

Rents still rising, but at a slower rate. The median house rent in Australia's combined capital cities jumped another 11.1% between the June quarters of 2023 and 2024, according to Domain. Significantly, though, the pace of growth slowed noticeably in the most recent quarter, with house rents remaining flat in two cities (Sydney and Perth) and declining in a third (Hobart). Domain’s chief of research and economics, Dr Nicola Powell, said the rental market was likely to end the year in a more balanced state than it began. “Many cities are seeing the weakest outcome for a June quarter in a number of years. It shows that strong rates of rental growth are likely to be behind us,” she said. “Rental supply is rising. We’ve got investors coming back into the market. The outlook for the next 18 to 24 months is better for tenants than the last two years.” #property #realestate #homeloans

Rents still rising, but at a slower rate The median house rent in Australia's combined capital cities jumped another 11.1% between the June quarters of 2023 and 2024, according to Domain. Significantly, though, the pace of growth slowed noticeably in the most recent quarter, with house rents remaining flat in two cities (Sydney and Perth) and declining in a third (Hobart). Domain’s chief of research and economics, Dr Nicola Powell, said the rental market was likely to end the year in a more balanced state than it began. “Many cities are seeing the weakest outcome for a June quarter in a number of years. It shows that strong rates of rental growth are likely to be behind us,” she said. “Rental supply is rising. We’ve got investors coming back into the market. The outlook for the next 18 to 24 months is better for tenants than the last two years.” #property #realestate #homeloans

Rents are still rising, but at a slower rate The median house rent in Australia's combined capital cities jumped another 11.1% between the June quarters of 2023 and 2024, according to Domain. Significantly, though, the pace of growth slowed noticeably in the most recent quarter, with house rents remaining flat in two cities (Sydney and Perth) and declining in a third (Hobart). Domain’s chief of research and economics, Dr Nicola Powell, said the rental market was likely to end the year in a more balanced state than it began. “Many cities are seeing the weakest outcome for a June quarter in a number of years. It shows that strong rates of rental growth are likely to be behind us,” she said. “Rental supply is rising. We’ve got investors coming back into the market. The outlook for the next 18 to 24 months is better for tenants than the last two years.” #property #realestate #homeloans

The median house rent in Australia's combined capital cities jumped another 11.1% between the June quarters of 2023 and 2024, according to Domain. Significantly, though, the pace of growth slowed noticeably in the most recent quarter, with house rents remaining flat in two cities (Sydney and Perth) and declining in a third (Hobart). Domain’s chief of research and economics, Dr Nicola Powell, said the rental market was likely to end the year in a more balanced state than it began. “Many cities are seeing the weakest outcome for a June quarter in a number of years. It shows that strong rates of rental growth are likely to be behind us,” she said. “Rental supply is rising. We’ve got investors coming back into the market. The outlook for the next 18 to 24 months is better for tenants than the last two years.” Please feel free to reach out to us. You can book a 15 minute call with Luke here https://bit.ly/49qG9ll #property #realestate #homeloans