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The Canberra Times

National

Olivia Ireland

Canberra rental rates decline, yet still most expensive city

Canberra Eliza Owen Australia Melbourne Sydney CoreLogic

New data reveals Canberra is the only city in Australia to have a decline in rental rates as increases continue nationally.

CoreLogic's latest quarterly rental review for 2022 showed a slowdown in the pace of rental growth across the country to 2 per cent in the December quarter.

This was down from the September quarter of 2.3 per cent growth and the peak growth rate of 3 per cent in the three months to May.

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