Rental Market Update – 4101
We like to use the 2 bed apartment rents as our benchmark and across inner-Brisbane they rose 4% in the 3 months to June 30th. Across wider Brisbane City they rose just 1% and there’s no doubt some pockets are witnessing stronger demand than others. Rents in this 4101 peninsula dropped $20 to $480 after a $30 rise in the March quarter. So while the trend is up the market is still finding its way. We added just 31 homes to the local rental pool in the June quarter, and while some new apartment projects are underway there’s good reason to expect rents to grow further.
Note: RTA stats quoted here cover all of postcode 4101 including South Brisbane, Highgate Hill and West End
If you would like a rental appraisal for your property call our Property Management team on 07 3214 6899 or email firstname.lastname@example.org
For median rent information visit www.whatrentmyhome.com.au