Regional Rental Pressure Eases Despite Listing Dip

January 30, 2024 9:13 am in by
Credit: tracielouise via Getty Images.

Latest figures suggest rental pressures in Regional Victoria have eased over the back half of 2023, despite supplies across the country remaining at historic lows and a dip in new rental listings.

Nationally, new rental listings in December there were 4.6% fewer listings than this time last year and more than 20% lower than the ten-year average.

Cameron Kusher from PropTrack says that demand has slowed outside the capitals, moderating regional and rural prices.

Article continues after this ad