๐ฅ๐ฒ๐ป๐๐ ๐ฅ๐ถ๐๐ฒ ๐ณ๐ผ๐ฟ ๐ฏ๐ฒ๐๐ต ๐๐ผ๐ป๐๐ฒ๐ฐ๐๐๐ถ๐๐ฒ ๐ ๐ผ๐ป๐๐ต
Rents continue to increase in many parts of the country, thanks mainly to the strong growth in the unit market.
CoreLogicโs national rental index rose 0.5% in August, which was the 36th consecutive monthly increase. In annual terms, rents rose 9.0%, almost triple the decade average of 3.2%.
As the graphs show, annual unit rents outpaced annual house rents in every capital city โ probably due to affordability.
As rents have kept rising, some tenants are likely to have shifted from the dearer house market to the cheaper unit market, leading to more demand for units.
Subiaco finance brokers are here to help
Interest rate rises are here, but you donโt have to fear with the right broker on your side.
The team at Sonam Capital are here to empower you through financial knowledge. Weโll take the time to get to know you and your unique situation and speak in a language you can understand, with strategies you can implement for the best possible outcomes.
Nick, Wayne and Amanda at Sonam Capital are your Subiaco finance specialists.
