Record breaking low for Australia’s annual change in rents

Rental rates across the nation were -0.1% lower in December 2018 and were recorded at a median value of $433/week. While rents fell -0.2% to $462/week across the combined capital cities over the month, rents in the combined regional markets increased by 0.2% to sit at $373/week.

The CoreLogic Quarterly Rental Review has just been released, providing an update on rental market conditions through to December 2018. The report found a mixed situation, with rents falling in Sydney, Darwin and…