Rents hit record highs with no end to increases in sight
Australian rents have climbed to fresh record highs as vacancy rates remain near historic lows, investor uncertainty clouds future housing supply and new construction continues to fall short.
Houses saw stronger rent price growth compared to units in the June quarter. (Image source: YinNarukami/Shutterstock.com)
Australian rents have hit record highs on the back of the sharpest annual rise in two years and an acceleration in capital city prices.
With vacancy rates remaining near record lows nationally and housing supply continuing to lag demand, rental market conditions are likely to remain challenging for tenants throughout the remainder of 2026.
A swathe of data released Thursday (9 July) all pointed in one direction – an overheated rental market tha…
