Sydney rents suffer biggest fall in 15 years

Thursday 11 July 2019

Domain has released its June quarter rental report, which reveals that Sydney rents have experienced their sharpest fall in 15 years, down by 1.9% over the quarter and by 3.6% over the year:

The rental declines were fairly broad-based:

According to Domain:

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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.