The Rental Momentum Seen In January Now Has Eased

Rent values increased 0.3% nationally over the month of  March. Despite rental value increases, this has decelerated from a recent peak growth rate of 0.5% in January 2020. 

Eliza Owen, Head of  Research Australia provides analysis on the March quarter results “Prior to this March slowdown, the CoreLogic hedonic rental index had seen an upswing in values since September 2019. This occurred against slight moderations in new dwelling completions, which fell -7.6% over 2019 from the…