100+ datasets found
  1. Quarterly rent price index Australia 2020-2025

    • statista.com
    Updated Aug 20, 2025
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    Statista (2025). Quarterly rent price index Australia 2020-2025 [Dataset]. https://www.statista.com/statistics/1239502/australia-rent-price-index/
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    Dataset updated
    Aug 20, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Australia
    Description

    The rent price index in Australia in the first quarter of 2025 was *****, marking an increase from the same quarter of the previous year. Rent prices had decreased in 2020; in Melbourne and Sydney, this was mainly attributed to the absence of international students during the coronavirus outbreak. The current state of the rental market in Australia The rental market in Australia has been marked by varying conditions across different regions. Among the capital cities, Sydney has long been recognized for having some of the highest average rents. As of March 2025, the average weekly rent for a house in Sydney was *** Australian dollars, which was the highest average rent across all major cities in Australia that year. Furthermore, due to factors like population growth and housing demand, regional areas have also seen noticeable increases in rental prices. For instance, households in the non-metropolitan area of New South Wales’ expenditure on rent was around ** percent of their household income in the year ending June 2024. Housing affordability in Australia Housing affordability remains a significant challenge in Australia, contributing to a trend where many individuals and families rent for prolonged periods. The underlying cause of this issue is the ongoing disparity between household wages and housing costs, especially in large cities. While renting offers several advantages, it is worth noting that the associated costs may not always align with the expectation of affordability. Approximately one-third of participants in a recent survey stated that they pay between ** and ** percent of their monthly income on rent. Recent government initiatives, such as the 2024 Help to Buy scheme, aim to make it easier for people across Australia to get onto the property ladder. Still, the multifaceted nature of Australia’s housing affordability problem requires continued efforts to strike a balance between market dynamics and the need for accessible housing options for Australians.

  2. Median house and unit rent prices per week Australia 2025, by capital city

    • statista.com
    Updated May 13, 2025
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    Statista (2025). Median house and unit rent prices per week Australia 2025, by capital city [Dataset]. https://www.statista.com/statistics/1110866/australia-weekly-rent-for-houses-and-units-by-capital-city/
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    Dataset updated
    May 13, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Australia
    Description

    Sydney topped the residential rental pricing market in Australia in March 2025, with house rent prices reaching an average of *** Australian dollars per week. The average weekly rent for a unit in Sydney was the highest among all capital cities in the country, followed by Brisbane.

  3. T

    Australia Rent Inflation

    • tradingeconomics.com
    • es.tradingeconomics.com
    • +12more
    csv, excel, json, xml
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    TRADING ECONOMICS, Australia Rent Inflation [Dataset]. https://tradingeconomics.com/australia/rent-inflation
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    excel, csv, xml, jsonAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Sep 30, 1973 - Jun 30, 2025
    Area covered
    Australia
    Description

    Rent Inflation in Australia decreased to 4.50 percent in the second quarter of 2025 from 5.50 percent in the first quarter of 2025. This dataset includes a chart with historical data for Australia Rent Inflation.

  4. Selected cities weekly average rent Australia 2025

    • statista.com
    Updated Aug 4, 2025
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    Statista (2025). Selected cities weekly average rent Australia 2025 [Dataset]. https://www.statista.com/statistics/990177/australia-average-weekly-rent-selected-cities/
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    Dataset updated
    Aug 4, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Australia
    Description

    As of June 2025, the average weekly rent for a house in Sydney was *** Australian dollars, which was the highest average rent across all major cities in Australia that year. That same year, the average weekly rent for a house in Melbourne was around *** Australian dollars.

  5. A

    Australia AU: Standardised Price-Rent Ratio: sa

    • ceicdata.com
    Updated Jun 6, 2018
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    CEICdata.com (2018). Australia AU: Standardised Price-Rent Ratio: sa [Dataset]. https://www.ceicdata.com/en/australia/house-price-index-seasonally-adjusted-oecd-member-quarterly/au-standardised-pricerent-ratio-sa
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    Dataset updated
    Jun 6, 2018
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2022 - Dec 1, 2024
    Area covered
    Australia
    Description

    Australia Standardised Price-Rent Ratio: sa data was reported at 168.732 Ratio in Dec 2024. This records a decrease from the previous number of 171.919 Ratio for Sep 2024. Australia Standardised Price-Rent Ratio: sa data is updated quarterly, averaging 70.511 Ratio from Sep 1972 (Median) to Dec 2024, with 210 observations. The data reached an all-time high of 189.671 Ratio in Mar 2022 and a record low of 48.119 Ratio in Sep 1972. Australia Standardised Price-Rent Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Australia – Table AU.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Quarterly. Nominal house prices divided by rent price indices. The long-term average is calculated over the whole period available when the indicator begins after 1980 or after 1980 if the indicator is longer. This value is used as a reference value. The ratio is calculated by dividing the indicator source on this long-term average, and indexed to a reference value equal to 100.

  6. Private Rent Report - Dataset - data.sa.gov.au

    • data.sa.gov.au
    Updated Jun 15, 2025
    + more versions
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    data.sa.gov.au (2025). Private Rent Report - Dataset - data.sa.gov.au [Dataset]. https://data.sa.gov.au/data/dataset/private-rent-report
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    Dataset updated
    Jun 15, 2025
    Dataset provided by
    Government of South Australiahttp://sa.gov.au/
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    South Australia
    Description

    Quarterly summary of median private rent in South Australia by: suburb, postcode, State Government regions and Local Government Areas. The information relates to bonds lodged with Consumer and Business Services for private rental properties in South Australia.

  7. A

    Australia AU: Price to Rent Ratio: sa

    • ceicdata.com
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    CEICdata.com, Australia AU: Price to Rent Ratio: sa [Dataset]. https://www.ceicdata.com/en/australia/house-price-index-seasonally-adjusted-oecd-member-quarterly/au-price-to-rent-ratio-sa
    Explore at:
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2022 - Dec 1, 2024
    Area covered
    Australia
    Description

    Australia Price to Rent Ratio: sa data was reported at 127.172 2015=100 in Dec 2024. This records a decrease from the previous number of 129.574 2015=100 for Sep 2024. Australia Price to Rent Ratio: sa data is updated quarterly, averaging 53.143 2015=100 from Sep 1972 (Median) to Dec 2024, with 210 observations. The data reached an all-time high of 142.953 2015=100 in Mar 2022 and a record low of 36.267 2015=100 in Sep 1972. Australia Price to Rent Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Australia – Table AU.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Quarterly. Nominal house prices divided by rent price indices

  8. Quarterly house price to rent ratio Australia 2020-2025

    • statista.com
    Updated Jul 24, 2025
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    Statista (2025). Quarterly house price to rent ratio Australia 2020-2025 [Dataset]. https://www.statista.com/statistics/592171/house-price-to-rent-ratio-australia/
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    Dataset updated
    Jul 24, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Australia
    Description

    In the first quarter of 2025, the house price-to-rent ratio in Australia was estimated at ***, marking a decrease from the same quarter of the previous year. An indicator of how strong the property market is, the house price-to-rent ratio was calculated by dividing nominal house prices by rent price indices. Within the given period, after reaching a peak in the first quarter of 2022, the price-to-rent ratio decreased each quarter until the second quarter of 2023. From then on, the house price-to-rent ratio fluctuated, but largely trended downwards. Is Australia in a property bubble? Many industry experts believe the country is in a property bubble, indicated by the rapid increase in Australian property market prices to the point that they are no longer relative to incomes and rents, followed by a decline. The house price-to-income ratio was on an upward trend between the third quarter of 2022 and the second quarter of 2024. Nonetheless, after hitting its peak, it declined to ***** in the fourth quarter of 2024. Rental property demand In March 2025, the rental vacancy rate, which indicates how many properties are available for rent out of all the rental stock, was relatively high in Melbourne, Canberra, and Sydney. That year, the average weekly rent prices varied across the country depending on the city, with the highest average weekly rents for houses and units in Sydney. Hobart, on the other hand, had the most affordable rental properties across Australia's capital cities.

  9. A

    Australia CPI: Housing: Rents: Rents

    • ceicdata.com
    + more versions
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    CEICdata.com, Australia CPI: Housing: Rents: Rents [Dataset]. https://www.ceicdata.com/en/australia/consumer-price-index-198990100/cpi-housing-rents-rents
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    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Sep 1, 2009 - Jun 1, 2012
    Area covered
    Australia
    Variables measured
    Consumer Prices
    Description

    Australia Consumer Price Index (CPI): Housing: Rents: Rents data was reported at 203.800 1989-1990=100 in Jun 2012. This records an increase from the previous number of 201.500 1989-1990=100 for Mar 2012. Australia Consumer Price Index (CPI): Housing: Rents: Rents data is updated quarterly, averaging 107.000 1989-1990=100 from Sep 1972 (Median) to Jun 2012, with 160 observations. The data reached an all-time high of 203.800 1989-1990=100 in Jun 2012 and a record low of 19.400 1989-1990=100 in Sep 1972. Australia Consumer Price Index (CPI): Housing: Rents: Rents data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.I008: Consumer Price Index: 1989-90=100.

  10. F

    Consumer Price Index: OECD Groups: Housing: Housing Excluding Imputed...

    • fred.stlouisfed.org
    json
    Updated Nov 17, 2023
    + more versions
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    (2023). Consumer Price Index: OECD Groups: Housing: Housing Excluding Imputed Rentals for Housing for Australia [Dataset]. https://fred.stlouisfed.org/series/AUSCPGRHO02IXNBQ
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Nov 17, 2023
    License

    https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required

    Area covered
    Australia
    Description

    Graph and download economic data for Consumer Price Index: OECD Groups: Housing: Housing Excluding Imputed Rentals for Housing for Australia (AUSCPGRHO02IXNBQ) from Q3 1980 to Q3 2023 about imputed, Australia, rent, CPI, price index, indexes, and price.

  11. VIC DHHS - Rental Report - Quarterly Median Rents 2 Bedroom Flats (LGA) Jun...

    • data.gov.au
    html
    Updated Jul 31, 2025
    + more versions
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    Government of Victoria - Department of Health and Human Services (2025). VIC DHHS - Rental Report - Quarterly Median Rents 2 Bedroom Flats (LGA) Jun 1999-Dec 2017 [Dataset]. https://www.data.gov.au/data/dataset/vic-govt-dhhs-vic-dhhs-rent-2br-flat-lga-2017-lga2016
    Explore at:
    htmlAvailable download formats
    Dataset updated
    Jul 31, 2025
    Dataset provided by
    Victoria State Governmenthttp://vic.gov.au/
    Authors
    Government of Victoria - Department of Health and Human Services
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Description

    The Rental Report time series dataset provides detailed time-series statistics for some key Rental Report data from the June quarter of 1999 to the December quarter of 2017. This specific dataset presents the median rental costs of 2 bedroom flats by the 2016 Local Government Areas geographic level. The rent figures included in the Rental Report are weekly median rents. Median rents represent the midpoint in the distribution of all rents. Fifty per cent of rents are higher than the median and fifty per cent are below the median. The Rental Report provides the most accurate information on the private rental market in Victoria. The data come from records kept by the Residential Tenancies Bond Authority (RTBA). The RTBA is responsible for receiving, registering and refunding all bonds associated with private residential leases in Victoria. For more information please visit the Department of Health and Human Services.

  12. Monthly change in retail property rent asking prices Australia 2021-2025

    • statista.com
    Updated Jul 1, 2025
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    Statista (2025). Monthly change in retail property rent asking prices Australia 2021-2025 [Dataset]. https://www.statista.com/statistics/1362753/australia-monthly-retail-property-rent-asking-price-change/
    Explore at:
    Dataset updated
    Jul 1, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jun 2021 - Jun 2025
    Area covered
    Australia
    Description

    In June 2025, retail property rent asking prices were forecasted to increase by around **** percent. The Commercial Property Asking Price Index tracks the monthly change in vendor sentiment towards commercial rental properties advertised in Australia.

  13. F

    Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels...

    • fred.stlouisfed.org
    json
    Updated Nov 17, 2023
    + more versions
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    (2023). Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Actual Rentals for Housing: Total for Australia [Dataset]. https://fred.stlouisfed.org/series/AUSCP040100GPQ
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Nov 17, 2023
    License

    https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required

    Area covered
    Australia
    Description

    Graph and download economic data for Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Actual Rentals for Housing: Total for Australia (AUSCP040100GPQ) from Q4 1972 to Q3 2023 about water, fuels, Australia, electricity, rent, gas, CPI, price index, indexes, and price.

  14. VIC DHHS - Rental Report - Quarterly Median Rents All Properties (LGA) Jun...

    • data.gov.au
    html
    Updated Jul 31, 2025
    + more versions
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    Government of Victoria - Department of Health and Human Services (2025). VIC DHHS - Rental Report - Quarterly Median Rents All Properties (LGA) Jun 1999-Dec 2017 [Dataset]. https://data.gov.au/data/dataset/vic-govt-dhhs-vic-dhhs-rent-all-properties-lga-2017-lga2016
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    htmlAvailable download formats
    Dataset updated
    Jul 31, 2025
    Dataset provided by
    Victoria State Governmenthttp://vic.gov.au/
    Authors
    Government of Victoria - Department of Health and Human Services
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Description

    The Rental Report time series dataset provides detailed time-series statistics for some key Rental Report data from the June quarter of 1999 to the December quarter of 2017. This specific dataset presents the median rental costs of all types of properties by the 2016 Local Government Areas geographic level. The rent figures included in the Rental Report are weekly median rents. Median rents represent the midpoint in the distribution of all rents. Fifty per cent of rents are higher than the median and fifty per cent are below the median. The Rental Report provides the most accurate information on the private rental market in Victoria. The data come from records kept by the Residential Tenancies Bond Authority (RTBA). The RTBA is responsible for receiving, registering and refunding all bonds associated with private residential leases in Victoria. For more information please visit the Department of Health and Human Services.

  15. A

    Australia CPI: Sydney: Housing: Rents

    • ceicdata.com
    Updated Dec 10, 2011
    + more versions
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    CEICdata.com (2011). Australia CPI: Sydney: Housing: Rents [Dataset]. https://www.ceicdata.com/en/australia/consumer-price-index-201112100-eight-capital-cities/cpi-sydney-housing-rents
    Explore at:
    Dataset updated
    Dec 10, 2011
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2022 - Dec 1, 2024
    Area covered
    Australia
    Variables measured
    Consumer Prices
    Description

    Australia Consumer Price Index (CPI): Sydney: Housing: Rents data was reported at 137.200 2011-2012=100 in Mar 2025. This records an increase from the previous number of 136.000 2011-2012=100 for Dec 2024. Australia Consumer Price Index (CPI): Sydney: Housing: Rents data is updated quarterly, averaging 60.800 2011-2012=100 from Sep 1972 (Median) to Mar 2025, with 211 observations. The data reached an all-time high of 137.200 2011-2012=100 in Mar 2025 and a record low of 8.500 2011-2012=100 in Sep 1972. Australia Consumer Price Index (CPI): Sydney: Housing: Rents data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.I007: Consumer Price Index: 2011-12=100: Eight Capital Cities.

  16. Monthly change in industrial property rent asking prices Australia 2021-2025...

    • statista.com
    Updated Jul 1, 2025
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    Statista (2025). Monthly change in industrial property rent asking prices Australia 2021-2025 [Dataset]. https://www.statista.com/statistics/1362765/australia-monthly-industrial-property-rent-asking-price-change/
    Explore at:
    Dataset updated
    Jul 1, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jun 2021 - Jun 2025
    Area covered
    Australia
    Description

    In June 2025, industrial rental property asking prices were forecasted to witness a decrease of around **** percent. Within the given time period, the largest growth in industrial property rent prices was recorded in May 2022.

  17. F

    Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index:...

    • fred.stlouisfed.org
    json
    Updated May 15, 2025
    + more versions
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    (2025). Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Australia [Dataset]. https://fred.stlouisfed.org/series/AUSCP040100GYQ
    Explore at:
    jsonAvailable download formats
    Dataset updated
    May 15, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required

    Description

    Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Australia (AUSCP040100GYQ) from Q3 1973 to Q1 2025 about water, fuels, Australia, electricity, rent, gas, CPI, price index, indexes, and price.

  18. A

    Australia CPI: Perth: Housing: Rents: Rents

    • ceicdata.com
    Updated Dec 10, 2011
    + more versions
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    CEICdata.com (2011). Australia CPI: Perth: Housing: Rents: Rents [Dataset]. https://www.ceicdata.com/en/australia/consumer-price-index-201112100-eight-capital-cities/cpi-perth-housing-rents-rents
    Explore at:
    Dataset updated
    Dec 10, 2011
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2022 - Dec 1, 2024
    Area covered
    Australia
    Variables measured
    Consumer Prices
    Description

    Australia Consumer Price Index (CPI): Perth: Housing: Rents: Rents data was reported at 124.200 2011-2012=100 in Mar 2025. This records an increase from the previous number of 122.100 2011-2012=100 for Dec 2024. Australia Consumer Price Index (CPI): Perth: Housing: Rents: Rents data is updated quarterly, averaging 56.300 2011-2012=100 from Sep 1972 (Median) to Mar 2025, with 211 observations. The data reached an all-time high of 124.200 2011-2012=100 in Mar 2025 and a record low of 12.200 2011-2012=100 in Sep 1972. Australia Consumer Price Index (CPI): Perth: Housing: Rents: Rents data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.I007: Consumer Price Index: 2011-12=100: Eight Capital Cities.

  19. T

    Australia - Total Natural Resources Rents (% Of GDP)

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jul 26, 2013
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    TRADING ECONOMICS (2013). Australia - Total Natural Resources Rents (% Of GDP) [Dataset]. https://tradingeconomics.com/australia/total-natural-resources-rents-percent-of-gdp-wb-data.html
    Explore at:
    csv, json, xml, excelAvailable download formats
    Dataset updated
    Jul 26, 2013
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    Australia
    Description

    Total natural resources rents (% of GDP) in Australia was reported at 13.36 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Australia - Total natural resources rents (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

  20. a

    VIC DHHS - Rental Report - Quarterly Median Rents 3 Bedroom Flats (LGA) Jun...

    • data.aurin.org.au
    Updated Mar 6, 2025
    + more versions
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    (2025). VIC DHHS - Rental Report - Quarterly Median Rents 3 Bedroom Flats (LGA) Jun 1999-Sep 2017 - Dataset - AURIN [Dataset]. https://data.aurin.org.au/dataset/vic-govt-dhhs-vic-dhhs-rent-3br-flat-lga-2017-lga2016
    Explore at:
    Dataset updated
    Mar 6, 2025
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Description

    The Rental Report time series dataset provides detailed time-series statistics for some key Rental Report data from the June quarter of 1999 to the September quarter of 2017. This specific dataset presents the median rental costs of 3 bedroom flats by the 2016 Local Government Areas geographic level. The rent figures included in the Rental Report are weekly median rents. Median rents represent the midpoint in the distribution of all rents. Fifty per cent of rents are higher than the median and fifty per cent are below the median. The Rental Report provides the most accurate information on the private rental market in Victoria. The data come from records kept by the Residential Tenancies Bond Authority (RTBA). The RTBA is responsible for receiving, registering and refunding all bonds associated with private residential leases in Victoria. For more information please visit the Department of Health and Human Services.

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Statista (2025). Quarterly rent price index Australia 2020-2025 [Dataset]. https://www.statista.com/statistics/1239502/australia-rent-price-index/
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Quarterly rent price index Australia 2020-2025

Explore at:
Dataset updated
Aug 20, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
Australia
Description

The rent price index in Australia in the first quarter of 2025 was *****, marking an increase from the same quarter of the previous year. Rent prices had decreased in 2020; in Melbourne and Sydney, this was mainly attributed to the absence of international students during the coronavirus outbreak. The current state of the rental market in Australia The rental market in Australia has been marked by varying conditions across different regions. Among the capital cities, Sydney has long been recognized for having some of the highest average rents. As of March 2025, the average weekly rent for a house in Sydney was *** Australian dollars, which was the highest average rent across all major cities in Australia that year. Furthermore, due to factors like population growth and housing demand, regional areas have also seen noticeable increases in rental prices. For instance, households in the non-metropolitan area of New South Wales’ expenditure on rent was around ** percent of their household income in the year ending June 2024. Housing affordability in Australia Housing affordability remains a significant challenge in Australia, contributing to a trend where many individuals and families rent for prolonged periods. The underlying cause of this issue is the ongoing disparity between household wages and housing costs, especially in large cities. While renting offers several advantages, it is worth noting that the associated costs may not always align with the expectation of affordability. Approximately one-third of participants in a recent survey stated that they pay between ** and ** percent of their monthly income on rent. Recent government initiatives, such as the 2024 Help to Buy scheme, aim to make it easier for people across Australia to get onto the property ladder. Still, the multifaceted nature of Australia’s housing affordability problem requires continued efforts to strike a balance between market dynamics and the need for accessible housing options for Australians.

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