COMMUNITY & SOCIAL HOUSING
AUSTRALIA’S rental market boom has “well and truly passed the peak”, and affordability constraints, lower migration levels, and more investors coming into the market will...
The result marked the smallest annual rental increase since the 12 months to March of 2021, when rents rose 3.6%. The 0.4% rise in rents in the December quarter, meanwhile...
We’re well and truly past that peak of the boom in rents, and we’re starting to trend back towards what would be normal growth in rental markets...
What that means for renters is that as that pace of rental growth eases, they’re going to have more of an idea of what they’re going to be paying moving forward, and...
Renters have been battered in recent years, putting housing at centre stage in the lead-up to the upcoming federal election. Since the onset of COVID, rents have...
As of September, renters on a median household income were spending about 33.0% of annual pre-tax income to service the median rent, the highest proportion since...
Across the capitals, the majority of cities recorded a slowdown in rental growth over 2024, led by Sydney and Melbourne, which eased from 9.9% and 11.0% over...
That’s the normalisation in overseas migration, the uptick in the average household size – reversing some of that pre-COVID shrinkage that we saw as people ditched...
The net result has potentially seen some prospective renters delay their decision to leave the family home, while others have looked to form larger share households as...
Houses are starting to outperform units in terms of rent value growth as a result. Houses recorded both stronger quarterly (0.6%) and annual rent rises (5.0%) compared to units...
As people start to form larger sharehouses, they might look at that extra $50 to $100 that they would spend on a house compared to a unit and give them the opportunity to take in...
On the demand side, the easing in net overseas migration has been a factor in softer rental demand. Net overseas migration levels expected to normalise around pre-COVID decade...
Meanwhile, on the supply side, the annual value of new investor lending increased by 26.3% over the year to September, suggesting a potential net increase in rental stock...
Together, these have supported an easing in vacancy rates over the year, from a low of 1.4% in November 2023 to 1.9% at the end of 2024...