"Are rents rising? Are dwelling prices rising? What about holding costs? Will mortgage rates increase or decrease? What is the smartest financial decision here?"
Blogsites and media do love a good falling rents meme, but this hasn't really been backed up by the facts, at least in Sydney's case.
Indeed, Sydney rents have increased at double the rate of inflation for nearly a decade now.
After a great surge in both rents and dwelling prices through the heady days of the resources boom, the rental index numbers are in full on decline mode in Perth, falling back by -6.4 per cent over the year to September.
This puts the rental index for Perth back close to where it was at the peak of the mining boom four years ago in Q3 2012.
In other news, Domain reported that Sydney's median house price rose by +2.7 per cent in the September quarter to a fresh all-time high of $1,068,000.
In Melbourne, the median house price rose by an even more sprightly +3.1 per cent over the quarter and +9.1 per cent over the year to also hit a record high of $774,000.
Somewhat surprisingly, median unit prices in Melbourne performed even more strongly again in the quarter in rising by +4.5 per cent, to be +5.5 per cent higher over the year.
Melbourne has been constructing dwellings like fury in recent years, but population growth has accelerated to extraordinarily high levels as you can see in the chart above.