Tag Archives: Rental Boom

Prepare for another Rental Boom

Rents for Residential Properties will continue to boom and increase even faster over the next 2 years, particularly next year. Sydney is where rents will rise the fastest at 7.1% annual growth from 2010 to 2012, followed by Melbourne 5.6%, Brisbane 5.0%, Adelaide 3.4%, Perth 3.2% and average Australia wide 5.8% (according to BIS Shrapnel). This is largely due to the continuing increased demand from high immigration and the economic recovery combined with a Construction Industry unable to keep Read more [...]
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