Beleaguered Perth landlords suffer record rental decline

Thursday 26 January 2017

Last week I listed a bunch of measures showing that Perth landlords are hemorrhaging losses. These included:

First, the latest quarterly rental data from the REIWA, which showed that Perth’s vacancy rate had rocketed 6.6% in the September quarter, with house rents falling an incredible 15.5% since March 2015 and unit rents down a whopping 16.7% (see next chart).

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.