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Jul 21 2021 ‘We haven’t reached the peak’: new data on rents reveals highest growth rate on record
By Rosa Ritchie
A rarity: Affordable residential rentals are scarce across the Goulburn Valley and Beyond Housing chief executive Celia Adams says the crisis hasn t hit its peak.
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Rental prices in regional Australia recorded an annual growth rate of 11.3 per cent in June, more than double the increase of five per cent in capital cities.
The hike in regional rents is the highest on record, according to data released this week based on the CoreLogic rental index, which commenced in 2005.