Perth’s rental bust rolls on

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By Leith van Onselen

The Domain September quarter rental report, released last month, revealed that both Perth house and unit rents had fallen or remained flat for the 17th consecutive quarter:

After peaking in June 2013 at $493 per week, Perth house rents have fallen by 29% to $350 per week as at September 2017. Similarly, Perth unit rents peaked at $425 per week in June 2013, but have also fallen by 29% to $300 per week.

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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.