Rental conditions worsen in our largest capital cities but there is some relief for the regions

Sydney, Melbourne and Perth in particular have seen a decline in rental listings with new and total listings lower than they were in March 2023, March 2022 and March 2020.

From an annual perspective, they were the only three greater capital areas where total rental listings did not increase.

This stands in contrast with the rental market in Brisbane, Adelaide and Hobart where new rental listings have respectively risen by 7.9%, 4% and 37.7% and total listings have increased by 5.4%, 3.6% and 66.1% respectively over the past year….

Read the full article here from realestate.com.au