Australia’s toughest metro rental marketplace revealed

Other spots in Perth, just like the South East, North West, and South West, encounter comparable difficulties with excessive enquiry premiums and diminished emptiness costs, high to growing rental expenditures.

Read much more: Perth housing supply ‘in dire straits’

In Adelaide’s North, the issue can also be dire, with the realm acquiring a mean of 47 enquiries for every itemizing in March, exacerbating the housing scarcity.

In the meantime, Canberra has noticed considerably a lot much less want, with solely 12 enquiries per itemizing in March. Likewise, locations most of these as Hobart and prosperous parts of Sydney, which incorporates the Northern Shorelines and Baulkham Hills and Hawkesbury, report decrease enquiry prices, elevated emptiness expenses, and common rental worth growth.