ResidentialBrief
Perth rental vacancy falls to 0.8 per cent
Advertised rents in Perth are 7.1 per cent higher over the year, the fastest of any capital.
Amara Okafor/
4 stories
Advertised rents in Perth are 7.1 per cent higher over the year, the fastest of any capital.
Interstate migration has slowed from its 2023 peak but remains net positive, and Brisbane's rental vacancy rate of 1.0 per cent continues to push renters into ownership earlier than in the southern capitals.
Gross yields above 4 per cent in three capitals, combined with a stable cash rate, have brought investors back into a market they largely vacated in 2023.
The sector has moved from pilot to fixture, and is now large enough to influence advertised rents in the inner city.