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The Guardian - AU
The Guardian - AU
National
Adeshola Ore and Australian Associated Press

Falling house prices and drop in Victorian rental numbers could mark rise of owner-occupiers

Leafy Australian suburban street with brick houses
The number of active rental bonds in Australia fell 24,726 rentals in the space of a year, government data shows. Photograph: Bjanka Kadic/Alamy

Owner-occupier buyers in Victoria could benefit from an investor sell-off that has been gathering momentum alongside falling house prices, an expert says.

Data from Victoria’s Department of Families, Fairness and Housing revealed the number of rentals fell by almost 25,000 – or 3.6% – across the state over a year.

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