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Rental Markets Remain Sluggish, With National Rents Down 0.1% Over The Month Of September; The Third Consecutive Month Of Falls
National rents were -0.1% lower over the month to September 2019, with a median rental value of $436/week. Nationally, rents have continued to trend lower over each of the last three months after the June results saw rents unchanged over the month. Rental rates across the combined capital cities came in -0.2% lower over the month with a weekly median rental value of $464/week which remains considerably higher than the combined regional markets where the median rental value current sits at…
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