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AAP
AAP
Politics
Poppy Johnston

Rental affordability still stretched, but worst is over

Fast-growing asking rents are fading away and the market may ease in 2025, an economist says. (Lukas Coch/AAP PHOTOS)

After a tough few years of steep rent hikes and stiff competition to secure a property, renters are seeing glimmers of light at the end of the tunnel.

The days of fast-growing asking rents are fading and prices may even fall in some cities in 2025, in the view of Market Economics managing director Stephen Koukoulas.

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