The median asking rent of houses across all state and territory capitals jumped 12 per cent over the year to June – a record – and the equivalent figure for unit rents leaped 12.2 per cent.
that prompted many people as a result of the pandemic to move out of shared living arrangements to be in smaller groupings or on their own, Dr Powell said.Domain research head Nicola Powellearlier this year said that there was an increase of 35,000 single-person households last year alone.The Australian Financial ReviewThere are signs that the pace of increase is slowing.
In Brisbane, house asking rents rose for an eighth straight quarter, reflecting the movement of young families to the Queensland capital. “The vacancy rate remains at an all-time low of 0.6 per cent. The potential number of renters per listing hit a historic level over the June quarter and is 77 per cent higher than the five-year average – highlighting the intensity of competition.
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