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Insight

Australia’s apartment rental markets ‘post’ COVID

Apartment rents have recovered significantly over the past 18 months, albeit the impact upon each city and their recovery path had varied.

Occupier trends

Location strategy

Living and multifamily

Financial services

Authors

HH

Hollee Hart

Metropolitan Areas
Period	Sydney	Melbourne	Brisbane	Adelaide	Perth	Canberra
Mar-20 to Trough	-10%	-11%	-1%	0%	-2%	-2%
Trough to Jan-22	8%	5%	9%	11%	21%	17%
Mar-20 to Jan-22	-3%	-7%	8%	11%	18%	16%

Inner-City Postcodes
	Sydney	Melbourne	Brisbane	Adelaide	Perth	Canberra
Period	2000	3000	4000	5000	6000	2601
Mar-20 to Trough	-29%	-37%	-15%	-11%	-6%	-13%
Trough to Jan-22	17%	11%	12%	5%	13%	7%
Mar-20 to Jan-22	-17%	-30%	-5%	-7%	6%	-7%