Brisbane Times
·general
·4 hours ago
Western Australia's rental market faces crisis with 0.3 percent vacancy rate
Western Australia’s rental market is in crisis, with a 0.3 percent vacancy rate and declining gross rental yields, per Domain's latest report. Chief economist Dr. Nicola Powell noted that affordability, not demand, is now the key constraint. Proposed federal tax changes may worsen the situation, threatening to diminish rental stock in the already strained market.
Summary by Glance · Brisbane Times
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