Services for tenants
If you are seeking a property to rent, our specialist teams aim to make the entire process as smooth and straightforward as possible – from searching for a suitable house or flat to agreeing rental terms and moving you into your new home. Register with Knight Frank and take advantage of our extensive database of exclusive rental properties throughout Australia.
Our Australian Residential Review looks at the key residential indicators across the major Australian cities of Sydney, Melbourne, Brisbane, Perth, Gold Coast, Adelaide, Canberra, Hobart and Darwin. This quarter’s key findings are:
Australian median house values were down 6.5% in the year ending December 2018 while apartment values fell 5.3% over the same time.
- Gross rental yields rose 10 bps in the December 2018 quarter with Australian houses averaging 4.20%; whilst Australian apartments remained stable at 4.30%.
- Australian house rents rose 3.8% to $415 per week in the year ending December 2018; whilst apartment rents rose 5.0% to $420 per week.
Despite a market correction, both Sydney and Melbourne are continuing to experience the strongest population growth for more than 25 years, the lowest unemployment on record for Sydney and the tightest in the past 10 years for Melbourne, whilst the Australian government has committed more than $75b over the next 10 years in transport infrastructure across Australia. Read the review in full.