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Perth property: Washington renters looking for family homes hit hardest by rising rents, rising 12.2 per cent

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Perth families looking for four-bedroom homes have been hit hardest by Perth’s worsening rental crisis, with new industry figures showing they have suffered the highest rent rises in 12 months.

The PropTrack Market Insight report shows that rents for four-bedroom homes have increased by 12.2 per cent over the past 12 months, while three-bedroom homes have increased by 9.5 per cent.

This comes as rental levels on reiwa.com hit a 12-year low this week, with just 1,675 properties available for rent at the end of September.

The latest PropTrack report and data from REIWA show that the average rental price of homes reached $495 in September.

https://thewest.com.au/business/property/perth-property-wa-tenants-looking-for-family-homes-hardest-hit-by-rent-hikes-climbing-122-per-cent–c-8451481

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