Rental markets two-speed in March quarter
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Domain has released its March quarter rental report, which reveals that Australia’s rental market remains two-speed.
As shown in the next table, median house rents were flat or fell in Sydney, Brisbane, Canberra and Darwin over the March quarter, but rose solidly elsewhere (and rocketed in Hobart):

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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.