CoreLogic has released its April Housing Update, which shows that rental growth nationally has hit its highest level since September 2011, growing by 3.9% in the year to April 2021:
Australian rental growth has soared during COVID.
This growth is being led by Australia’s regional markets, which experienced 8.6% rental growth in the year to March 2021, more than double the 3.9% rental growth experienced across the combined capital cities.
