Рет қаралды 33,860
Australian renters are facing all-time high asking rents and record low vacancy rates across the country according to property marketplace Domain. In the March quarter, asking rents for houses saw their steepest quarterly gain in 17 years, and asking rents for units extended their record-breaking streak to 11 successive quarters of growth. Vacancy rates fell across all capital cities, except Hobart, and hit new lows in Sydney, Melbourne and Perth. But Domain's researchers say there's hope on the horizon for renters because conditions are expected to turn more in their favour later in 2024.
Subscribe: ab.co/1svxLVE
Read more here: www.abc.net.au...
ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation.
For more from ABC News, click here: ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: ab.co/2OB7Mk1
Go deeper on our ABC News In-depth channel: ab.co/2lNeBn2
Like ABC News on Facebook: / abcnews.au
Follow ABC News on Instagram: / abcnews_au
Follow ABC News on Twitter: / abcnews
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia