Sydney posted further gains over the month, exhibiting positive rental rate growth across all tracked unit sizes, standing out as the top-performing metro market for March.
Elsewhere, results were mixed, with no discernible trend evident across the data set. The data may suggest market uncertainty tied to broader macroeconomic conditions as customers exercise increased caution around discretionary spending.
We are closely monitoring any fiscal measures that could drive short-term housing mobility and discretionary spending, and the impact on rental rate performance.
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