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“Rapid population growth” steamrolls Aussie renters

July 23, 2024 - 10:30 -- Admin

PropTrack has released its rental market report for the June quarter, which showed persistently strong demand for rentals amid limited supply. National advertised rents were unchanged over the June 2024 quarter, remaining at $600 per week: Over the 12 months to June 2024, national advertised rents increased by 9.1%, or an additional $50 per week.

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