Australia posts strongest rental growth since 2007

Friday, 28 January 2022

CoreLogic’s quarterly Rental Review has been released, which recorded 1.9% over the December quarter and by 9.4% year-on-year:

This represented the strongest calendar year of rental growth since 2007.

Combined regional rental growth (12.1%) was stronger in 2021 that the combined capital cities (8.4%).

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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.