CoreLogic with the report.
- Rents nationally increased 10.2% in 2022, a record high for annual rent growth
- New rental listings hit 10-month high and vacancy rates ease, albeit slightly
- Canberra was the only capital city where dwelling rents declined in Q4
As Australia’s rental market continues to tighten to record levels, the pace of rental growth has slowed for the second consecutive month, possibly due to a seasonal lift in rental stock combined with affordability constraints.
