Back to overview

Asking rent change, Aug 2020-Jul 2021 – metro versus non-metro comparison

COVID-19Housing & homelessness

While 2020-21 saw a substantial overall increase in asking rents across Australia, there were market roperty type and inter-city variations. Additionally, there were sharp contrasts between metropolitan and regional markets, with rent rises particularly rapid in the latter. According to CoreLogic’s index, market rents across ‘combined capital cities’ increased by 6.4% in the 12 months to August 2021, whereas the comparable ‘combined regional’ figure was a remarkable 12.4% (CoreLogic 2021b). Especially in NSW, Victoria and Queensland, the rising regional markets indicated in this graph are particularly striking.

Privacy Preference Center