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Regional rental remains tight

July 23, 2024 8:08 am in by

Latest figures reveal rental markets outside the major capitals remain tight with median weekly rents across Regional Australia now sitting at $540 per week.

That figure is 8% higher than the same time last year as regional markets saw a 12.5% drop in total listings over the past twelve months.

Cameron Kusher from PropTrack says increasing demand and fewer properties mean it’s becoming even more expensive for regional renters.

Image: https://pixabay.com/photos/key-keychain-door-key-house-keys-453500/

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