Aussies expect weekly rents to rise: CoreLogic RP Data

Aussies expect weekly rents to rise: CoreLogic RP Data
Michael CrawfordJuly 24, 2015

The majority of Australians polled for a recent survey consider rental rates will rise over the coming year and expect an increase of less than 5%.

Only 9% of respondents surveyed for the CoreLogic RP Data Nine Rewards Consumer sentiment survey are expecting rents to fall during the same period.

CoreLogic indices data show weekly rents across three of Australia’s capital cities tracking backwards over the past six months. 

Click to enlarge

Source: CoreLogic RP Data Nine Rewards Consumer sentiment survey

Michael Crawford

Michael is the real estate reporter for western Sydney and loves writing about homes and the people who live in them. A former production editor and news journalist, he enjoys writing about real-world property purchases as well as aspirational buys and builds. Following a recent move from Sydney’s northern beaches, Michael now actually enjoys commuting.
Tags:
Rising

Editor's Picks

City Beat January 2025: Sydney property market cooldown slows as new apartment pipeline ramps up
26 Vista Street, Surfers Paradise apartment development, hits 70 per cent sold
Latent Defects Insurance 101: What is the Technical Inspection Service (TIS) Program
City Beat January 2025: Gold Coast property values continue to grow as off the plan enquiries hit near 12-month high
Live parkside in Melbourne for under $500,000