Rental growth softening nationally
As new supply comes online, rental growth nationally is likely to be soft for the remainder of this cycle.
Over the past year median rents have declined noticeably in Canberra, Perth and Darwin.
Tidy figures for Brisbane in the December quarter though, reports CoreLogic-RP Data, with house rents rising by 2.5 percent and unit rents up by 1.3 percent.
Noted CoreLogic-RP Data:
"Capital city advertised rents remained unchanged over the final quarter of 2014, with house rents steady at $430 per week and unit rents recorded at $410 per week. Across Australia, house rents increased by 1.3% to $400 per week, while unit rents were unchanged over the three months to December at $390 per week.