SINCE 1997

Latest Real Estate Institute Of Queensland News

Rents soar nationally, with Brisbane leading the way

Rents across Australia took off in the last quarter but, strangely, rental yields actually fell.

Houses and units on the Brisbane River

Brisbane continues to stake its claim to being the property investors’ best friend, delivering the strongest performing rental market to complement its meteoric rise in property prices

over the last quarter and the year preceding.

Capital cities, regional areas, houses and units all saw an increase in rents last quarter, culminating in the highest calendar year growth rate since 2007.

Highlighting the relative decline of the Melbourne rental ma…