CoreLogic: Real rents continue to fall

Friday 6 March 2020

CoreLogic has released its quarterly rental report which shows that annual rental growth nationally (1.3%) remains below inflation (1.8%), with national capital city rental growth (0.8%) even weaker:

The below graphic shows the breakdown by houses and units:

As shown above, Sydney rental growth (0.5% QoQ; -0.6% YoY) remains especially weak, which has pulled down rents nationally.

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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.