Aussies expect weekly rents to rise: CoreLogic RP Data
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.
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.
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