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Perth rental prices in steepest quarterly gain for eight years, new figures show – Domain News

Rent prices in Perth have had the strongest gain around the country, leaving landlords in the box seat and the city’s renters in unfamiliar territory, a new rep…

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Rents across Perth have recorded the strongest gains of all Australian capital cities, signalling a stark turnaround during the September quarter, new figures show.
Median rents for Perth houses jumped 6.8 per cent by $25 to $395 a week, the highest asking rent since early 2016, the Domain Rent Report for the September quarter released on Thursday has revealed.
Perth unit rents also increased 6.3 per cent by $20 to $340 a week, and have also returned to mid-2016 asking rents.
Domain senior re…

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