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Where Rentals Are In Demand

Where Rentals Are In Demand

In a sign the housing crisis is nowhere near easing, new data shows the number of enquiries per online rental listing has skyrocketed in some locations.

Analysis of online rental listings by PropTrack shows in September the number of enquiries per listing was greatest in Perth (50.3), Adelaide (40) and Melbourne (31.4).

Brisbane listing received an average of 29.1 enquiries, Canberra, 9.1, regional Tasmania, 9 and regional NT, 8.9.

But some suburbs achieved much higher than the capital city average with the top location, Bently in Perth receiving an average of 160 inquiries on rentals listed online.

In Adelaide, Para Hills West was also extremely popular, attracting about 136 prospective tenants for each listing.

PropTrack, Director of Economic Research, Cameron Kusher says the rental market remains extremely challenged and renters face significant competition for the limited stock available.

“While the national trend is showing strong demand and little supply, it is largely being driven by the major capital cities,” he says.


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