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CoreLogic has released its March quarter rental review, which reveals that national rents grew by 3.2% over the first quarter of 2021 – the strongest national rental growth since 2007:
Australian rents surged in Q1, driven by the smaller capitals and regions.
In the year to March 2021, rents grew by 3.9% 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.