Brisbane rents to remain static

Published on ‘Smart Property Investment‘ by Jack NeedhamNew data has revealed bad news for Brisbane’s rental market, with no relief in sight for landlords, according to one buyer’s agent.

Fresh figures from the Rental Report have revealed that rents in Brisbane have remained static over the year to September.

Rents for houses and units in Australia’s third biggest capital city are sitting at $400 per week and $370 per week, unchanged from the same time last year.

From a landlord’s perspective, that compares unfavourably with both Melbourne and Sydney, where rents are rising at a rapid pace.

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