Perth’s rental market haemorrhages losses
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The latest rental data from the Real Estate Institute of Western Australia (REIWA) was a further kick in the face for Perth landlords (but music to the ears of renters).
After showing signs of improvement in the March quarter, Perth’s median house rent retraced by $10 to $350, whereas Perth unit rents retraced by $5 to $325:

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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.
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