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THE PROPERTY NERDS: What’s the deal with Australia’s rental market?
Description
Rental rates are surging across the country, and some regions are tipped to see higher growth than others.
In this episode of The Property Nerds, Smart Property Investment’s Grace Ormsby sits down with Junge Ma, senior research analyst at InvestorKit, about the state of Australia’s rental market.
Junge explains why extremely low vacancy rates are fuelling strong rental growth in regional towns and capital cities alike. She unpacks how post-COVID-19 migration trends are creating new patterns of demand across the country’s diverse rental market.
The pair also chat about the sudden rise of Perth, Brisbane and Adelaide as Australia’s hottest rental markets, with some suburbs seeing rental increases of up to 20 per cent in the past 12 months.