Australia’s national rental prices skyrocket at fastest rate in 13 years

With property prices up, rents are up too? Not really. Maybe some areas are experiencing an increase in rent, but that’s not the same across all suburbs or cities. In fact, there are some areas that have higher than normal vacancies and lower than market rent due to various factors – one of them the pandemic and the loss of new migrants, overseas students and international travellers.
from Phang Legal