Is renting becoming impossible? Now might be the right time to buy your first home. Across the country, tenants are facing bidding wars, lengthy queues at inspections, and skyrocketing rents. While renting has traditionally been a stepping stone toward home ownership, for many Aussies, it now feels like a never-ending...
The Rise of Rental Rates
Australian rental rates surge in Q1 2023 A recent report from CoreLogic shows a sharp rise in Australian rental prices for the first quarter of 2023. The Quarterly Rental Review has identified an overall increase of 2.5% in the rental market, compared to the 2% growth in the previous quarter. The increase...