Monday, 3 April 2023

Stock dries up

Unit rents mooning


Property for sale has sunk even further below the half-decade average, according to CoreLogic:



The growth in unit rents has slowed somewhat in Canberra, Hobart, and Darwin, as supply has increased.


However, rents are mooning for units in Sydney, Brisbane, and Melbourne. 



Source: CoreLogic


Looks like it's set to be a big few years for units in the big cities.