As we head into the end of the financial year, we are pleased to release our first ever Market Rate Flash report, which can be downloaded at the link below:
Asking rate performance was variable from city-to-city, but growth was broadly positive over the 11-month period. Melbourne experienced the largest growth profile, rebounding off a lower base due to harsher leasing conditions the year prior. As operators progress through the winter leasing season, we expect a normalisation in asking rents, as indicated by variable MoM growth from April to May.
Utilising our proprietary research platform, StorExplore, we endeavour to provide transparent and referenceable data to the industry. Please reach out to discuss how we leverage in-house technology to provide our clients with data-driven agency solutions.
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