Rents paid for housing in Australia have increased year-on-year between 2011 and 2023, except in 2020 and 2021. Nevertheless, the inflation-adjusted change was negative between 2016 and 2022, suggesting that rents grew at a slower rate than inflation. In 2023, the nominal increase in rents paid for housing amounted to 6.64 percent, while the real change (adjusted for inflation) amounted to 1.04 percent.
Year-on-year percentage change (real and inflation-adjusted) in the actual rent paid for housing in Australia from 2011 to 2023
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Statista. (September 22, 2024). Year-on-year percentage change (real and inflation-adjusted) in the actual rent paid for housing in Australia from 2011 to 2023 [Graph]. In Statista. Retrieved October 06, 2024, from https://www.statista.com/statistics/1495567/annual-change-in-rents-paid-by-households-australia/
Statista. "Year-on-year percentage change (real and inflation-adjusted) in the actual rent paid for housing in Australia from 2011 to 2023." Chart. September 22, 2024. Statista. Accessed October 06, 2024. https://www.statista.com/statistics/1495567/annual-change-in-rents-paid-by-households-australia/
Statista. (2024). Year-on-year percentage change (real and inflation-adjusted) in the actual rent paid for housing in Australia from 2011 to 2023. Statista. Statista Inc.. Accessed: October 06, 2024. https://www.statista.com/statistics/1495567/annual-change-in-rents-paid-by-households-australia/
Statista. "Year-on-year Percentage Change (Real and Inflation-adjusted) in The Actual Rent Paid for Housing in Australia from 2011 to 2023." Statista, Statista Inc., 22 Sep 2024, https://www.statista.com/statistics/1495567/annual-change-in-rents-paid-by-households-australia/
Statista, Year-on-year percentage change (real and inflation-adjusted) in the actual rent paid for housing in Australia from 2011 to 2023 Statista, https://www.statista.com/statistics/1495567/annual-change-in-rents-paid-by-households-australia/ (last visited October 06, 2024)
Year-on-year percentage change (real and inflation-adjusted) in the actual rent paid for housing in Australia from 2011 to 2023 [Graph], Statista, September 22, 2024. [Online]. Available: https://www.statista.com/statistics/1495567/annual-change-in-rents-paid-by-households-australia/