NSW units lead national regional rental growth: CoreLogic RP Data

NSW units lead national regional rental growth: CoreLogic RP Data
Michael CrawfordOctober 14, 2015

The highest rental growth regions for units in the September quarter were in NSW's mid-north coast, the Victorian suburb of Wimmera, Queensland's south west, outer Adelaide in South Australia and the Tasmanian suburb of Mersey-Lyell, according to CoreLogic RP Data.

CoreLogic RP Data's Quarterly Regional Market Rental Review to September found unit rents on NSW's mid-north coast increased by 3.2% over the quarter to $320/week and rents in Victoria's Wimmera increased by 2.5% over the quarter to $205/week.

South west Queensland rents increased by 11.8% over the quarter to $308/week, outer Adelaide rents increased by 4.0% over the quarter to $260/week and rents in WA's central increased by 5.6% over the quarter to $265/week.

The Tasmanian suburb of Mersey-Lyell rents increased by 4.5% over the quarter to $230/w.

Click to enlarge

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.

Editor's Picks

Golden Sedayu establishes Golden Sedayu Construction to deliver landmark Burswood Point masterplan
Parkside living in Parramatta: Cosmopolitan by Deicorp to offer parkside apartments in Sydney's second CBD
Top Spring Australia rebrands as Eterno and unveils Halcyon in Bondi
The ultimate downsizer opportunity in the Eastern Suburbs
Above Zero to launch Glyndon in Camberwell