While rental rates are rising at the fastest pace since 2008, a gap has opened up between the rate of growth in house rents compared with unit rents, with unit precincts across the inner city areas of some capital cities recording a much weaker performance through the Covid period to date.
Overall, unit rents have risen at a slower pace than house rents since the onset of Covid in March last year, with capital city unit rents falling by 5.7 per cent between April and December 2020.
Click HERE to read to full article published by The Urban Developer on 15 November 2021.
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