Sydney property investors crunched as falling prices meet falling rents

Friday 3 August 2018

Last month, we argued that Sydney investors were entering a doom loop of falling rents and prices.

This has been confirmed by CoreLogic’s Cameron Kusher, who has posted the below chart showing that Sydney rents fell by 0.4% in the year to June – “their greatest decline in at least 12 years (timeseries of our data)”:

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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.