Regional rents increase at fastest rate on record

Jack Needham
October 27 2021 - 5:00am
Rental prices in the regions are up by more than 12 per cent in the past year. Picture: Shutterstock
Rental prices in the regions are up by more than 12 per cent in the past year. Picture: Shutterstock

The price for a regional rental property has soared by 12.5 per cent in the 12 months to September, the largest annual increase on record.

Jack Needham

Jack Needham

Property News Editor

Jack has been writing about real estate since 2015, covering residential and commercial property markets throughout Australia for the likes of Smart Property Investment and Domain. He has also spent time in the United States researching real estate trends, with a focus on housing affordability issues, for the California Association of Realtors.