As of June 2024, the average weekly rent for a house in Sydney was 750 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 580 Australian dollars.
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.
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.
In the fourth quarter of 2024, 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.
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Rent Inflation in Australia decreased to 5.50 percent in the first quarter of 2025 from 6.40 percent in the fourth quarter of 2024. This dataset includes a chart with historical data for Australia Rent Inflation.
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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.
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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.
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The Car Rental industry in Australia has exhibited very high volatility over recent years, with revenue recovering strongly from steep slumps during the pandemic. Air passenger movements and international travel to Australia have risen sharply, heightening demand as tourists rent cars for their stay. Fleet shortages resulting from vehicle supply chain issues have raised the average daily rates for rental cars. These price hikes can support revenue but also steer consumers away to alternatives. Ride-sharing services and price-comparison websites have become increasingly popular, which has created intense price competition. This has forced car rental companies to keep their prices in check to maintain market share, eroding profitability. Revenue is expected to have climbed at an annualised 1.0% over the five years through 2024-25 to $1.49 billion, with no expected change anticipated in 2024-25. Major players like Hertz and Avis dominate the Car Rental industry, which is highly concentrated. Smaller players struggle to capture market share since there are significant entry costs and it’s difficult to become entrenched in airports, which is essential for success. Consumer preferences have shifted from smaller passenger vehicles to medium and large ones because of their space and versatility. Car rental businesses are mainly located in high-population states and popular tourist destinations, as this provides easy access to customers. Looking ahead, economic recovery and expanded aviation routes between Australian cities and South-East Asia will drive increased international travel, benefiting industry demand. Price competition from aggregator websites and the rising popularity of substitutes will continue to pressure the industry, tempering rental prices. Car rental companies will keep developing their digital platforms, providing consumers with a more seamless hiring process. Revenue is forecast to climb at an annualised 2.4% over the five years through 2029-30 to $1.67 billion.
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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.
In the first quarter of 2025, the average retail rent of shopping malls in New South Wales, Australia was 1,889 Australian dollars per square meter. In Western Australia, the average rent of regional shopping centers was 1,368 Australian dollars per square meter.
E-Textbook Rental Market Size 2025-2029
The e-textbook rental market size is forecast to increase by USD 1.39 billion, at a CAGR of 31.2% between 2024 and 2029.
The market is experiencing significant growth, driven by the cost-effective pricing model that allows students to rent digital textbooks instead of purchasing them outright. This trend is further fueled by the increasing integration of software with digital textbooks, enhancing the learning experience by providing interactive features and tools. However, the market faces a notable challenge with the rising threat from open-source content, which may undermine the value proposition of renting digital textbooks. Companies in this market must navigate this challenge by focusing on offering unique features, superior user experience, and robust content protection measures to maintain their competitive edge. Additionally, collaborations with educational institutions and publishers can help secure exclusive content and strengthen market positioning. Overall, the market presents a compelling opportunity for businesses to capitalize on the demand for affordable and technologically advanced educational resources while addressing the challenges posed by open-source content.
What will be the Size of the E-Textbook Rental Market during the forecast period?
Request Free SampleThe market continues to evolve, with rental subscription models gaining traction in various sectors, including K-12 education and higher education. Course management systems and learning analytics play a crucial role in facilitating business models that cater to the unique needs of educational institutions and students. Textbook production and evaluation are integral components of this dynamic market, with textbook publishers and e-textbook developers collaborating to create high-quality digital textbooks. Textbook fulfillment and distribution are streamlined through digital textbook adoption and e-textbook platform integration. Educational institutions benefit from cost savings and increased access to educational resources, while students enjoy the convenience of mobile learning and personalized learning experiences. Textbook innovation is a constant theme, with e-textbook customization, multimedia integration, and data visualization enhancing the user experience. Textbook content development and digital textbook publishing are essential for keeping up with the latest trends and technologies. Textbook retailers and aggregators play a vital role in the market, offering textbook bundles and adaptive learning solutions. Licensing agreements, digital asset management, and API integrations enable seamless textbook management and technical support. Data security and access control are paramount in the e-textbook market, with digital rights management and textbook authoring tools ensuring textbook quality assurance. Usage tracking and student engagement metrics provide valuable insights for educational institutions and publishers. Textbook innovation continues to unfold, with open educational resources and textbook accessibility features expanding the reach of digital textbooks. Copyright laws and textbook marketing strategies shape the market landscape, while data integration and textbook inventory management enable efficient operations. In the ever-evolving e-textbook market, educational technology and textbook design are at the forefront of delivering innovative solutions that cater to the diverse needs of students and educational institutions. The market's continuous dynamism is reflected in its applications across various sectors, from K-12 education to higher education, and in its integration with learning management systems, cloud storage, and e-book platforms.
How is this E-Textbook Rental Industry segmented?
The e-textbook rental industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. End-userAcademicNon-academicRevenue StreamSubscription servicesPay-as-you-go-modelProductSTEMBusiness and economicsHumanities and social sciencesLawOthersGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKAPACAustraliaChinaIndiaJapanRest of World (ROW)
By End-user Insights
The academic segment is estimated to witness significant growth during the forecast period.The market is experiencing significant growth in the academic segment, driven by the increasing preference for digital textbooks in K-12 schools, higher education institutions, and other educational organizations. This trend is attributed to the cost savings associated with e-textbook rentals, allowing students to access necessary educational materials for their academic calendars and semesters without the need for purchasing printed books. Additionally, the widespread use of mobile devices among mill
As of September 2024, the average rental yield of houses in Sydney, New South Wales, was 2.98 percent. In Darwin, the rental yield for houses measured 6.27 percent, which was the highest across all Australian capital cities during that quarter.
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The office property sector has faced considerable headwinds from recent economic disruptions, including the lingering effects of the COVID-19 pandemic and a series of interest rate hikes. These dynamics and the rapid shift to remote and hybrid work models have diminished demand for traditional office spaces. Nonetheless, premium and A-grade offices in key CBD locations continue to attract stable, high-quality tenants, even as tighter Foreign Investment Review Board (FIRB) regulations have curbed foreign investment and spurred a turn towards domestic capital. Overall, industry revenue is anticipated to have fallen at an annualised 4.3% over the past five years and is expected to total $32.7 billion in 2024-25, when revenue will drop by an estimated 4.5%. Rising financing and maintenance costs have squeezed operating margins alongside evolving tenant demands. From 2020 to 2023, the sector experienced declining rental yields and prolonged lease renegotiations as businesses sought more flexible workspace arrangements. Operators have increasingly turned to technology-driven solutions and outsourcing to reduce wage expenses, yet the burden of capital expenditure and higher borrowing costs remains significant. Despite efforts to streamline operations through advanced property management systems, these cumulative cost pressures continue to erode profitability, leaving operators cautious about committing to new developments in an uncertain economic environment. Looking ahead, Australia’s recovering economy offers both promise and hurdles for office property operators. A revival in business confidence and gradually easing monetary policy are forecast to drive domestic investment, although the rise of flexible workspaces will continue to challenge traditional leasing models. Developers are responding by upgrading premium assets with modern amenities targeted at evolving tenant needs. Moreover, policy adjustments from the FIRB are set to reawaken interest from foreign and institutional investors, prompting a greater flow of capital into the industry. This combination of factors is set to culminate in annualised revenue growth of 3.3% over the five years through 2029-30 to $38.4 billion.
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Australia Consumer Price Index (CPI): Canberra: Housing: Rents: Rents data was reported at 124.000 2011-2012=100 in Mar 2025. This records an increase from the previous number of 123.600 2011-2012=100 for Dec 2024. Australia Consumer Price Index (CPI): Canberra: Housing: Rents: Rents data is updated quarterly, averaging 55.700 2011-2012=100 from Sep 1972 (Median) to Mar 2025, with 211 observations. The data reached an all-time high of 124.000 2011-2012=100 in Mar 2025 and a record low of 10.100 2011-2012=100 in Sep 1972. Australia Consumer Price Index (CPI): Canberra: 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.
Car Rental (Self Drive) Market Size 2025-2029
The car rental (self drive) market size is forecast to increase by USD 2.36 billion, at a CAGR of 30.6% between 2024 and 2029.
The market is experiencing significant growth due to several key trends. One notable trend is the increasing interest in self-driving vehicles, which offer travellers greater convenience and flexibility. Another trend is the integration of telematics technology in self-drive car rentals, enabling real-time vehicle tracking and monitoring. However, the high cost of self-driving car rentals remains a challenge for market growth. Despite this, the market is expected to continue expanding as technology advances and becomes more affordable. The use of telematics in self-drive car rentals offers numerous benefits, such as improved safety, reduced insurance costs, and enhanced customer experience.
Car rental services cater to intercity and intracity travel, offering inexpensive alternatives to private automobiles for tourists and business travellers alike. However, the high initial investment required for implementing telematics technology and the high cost of self-driving vehicles are major obstacles for market growth. Overall, the self-drive car rental market is poised for growth, driven by the increasing popularity of self-driving vehicles and the integration of telematics technology.
What will be the Size of the Car Rental (Self Drive) Market During the Forecast Period?
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The market represents a significant and dynamic sector within the global mobility industry. This market caters to both tourism and commuting needs, offering short-term and long-term rental options for various vehicle types, including hatchbacks, sedans, SUVs, MUVs, and standard, and luxury models. The market is organized and unorganized, with both online and offline channels serving customers' diverse preferences. Millennials, as a major demographic, are driving growth In the market due to their increasing demand for flexible, cost-effective, and convenient mobility solutions. The market's size is substantial, with millions of transactions occurring annually, especially at airports and tourist destinations.
Mobility infrastructure plays a crucial role In the market's development, with Wi-Fi networks, entertainment systems, GPS systems, and insurance plans enhancing the rental experience. The market's direction is towards greater customization and integration of technology, enabling customers to easily compare prices, book vehicles, and manage their rentals online. The market's continued expansion is driven by the evolving needs of consumers, who seek efficient, flexible, and affordable mobility solutions.
How is this Car Rental (Self Drive) Industry segmented and which is the largest segment?
The car rental (self drive) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Vehicle Type
Economic cars
Luxury cars
Mode Of Booking
Offline
Online
Type
Short-term rentals
Long-term rentals
Application
Leisure and vacation travel
Corporate and business use
Airport rentals
Intercity and intracity rentals
Subscription and leasing services
Geography
North America
Canada
US
Europe
Germany
UK
France
Italy
Spain
APAC
China
Japan
South America
Middle East and Africa
By Vehicle Type Insights
The economic cars segment is estimated to witness significant growth during the forecast period. Self-drive car rentals, particularly those offering economic cars, have gained significant traction in both the tourism and commuting sectors. Millennials, in particular, prefer this mobility option due to its convenience and affordability. Online and offline channels, including websites, mobile applications, and e-booking services, facilitate easy booking. New-age startups have disrupted the car rental sector with custom services, after-sale support, and complementary offerings such as Wi-Fi networks, entertainment systems, and GPS systems. The organized market dominates, but the unorganized sector also plays a role, especially in rural areas. Short-term and long-term rental options cater to various consumer needs. Tourists, service professionals, and corporate offices are significant consumers.
The tourism sector, with international, tourist, and foreign tourist arrivals, drives demand for car rentals at tourist destinations. National highways and road transportation infrastructure development further boost the market. Insurance options are crucial for consumers. Self-drive car rental services offer a range of ownership and lease contracts, allowing customers to choose based on their requirements. Companies
The central business district in New South Wales had the highest average net face rent for prime office property in Australia in the first quarter of 2025, with an average rent of 1,519 Australian dollars per square meter. In comparison, Victoria's CBD had an average net face rent of 736 Australian dollars per square meter of office property.
In the second quarter of 2021, South Sydney had the most expensive net face rent of industrial property in Australia with a net face rent of 213 Australian dollars per square meter. The second highest net face rent was in Central West Sydney with a net face rent of 163 Australian dollars per square meter.
In December 2024, retail property rent asking prices were forecasted to increase by around 1.87 percent. The Commercial Property Asking Price Index tracks the monthly change in vendor sentiment towards commercial rental properties advertised in Australia.
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This is the complete breakdown of how much revenue Airbnb makes in commission from listings in each region.
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These are the Airbnb statistics on gross revenue by country.
As of June 2024, the average weekly rent for a house in Sydney was 750 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 580 Australian dollars.