Blog posts tagged with 'median rent'

Mount Gravatt East, postcode 4122, has undergone a significant transformation between 2016 and 2024. Analyzing high-resolution aerial maps reveals a dynamic shift in the suburb's landscape, impacting its residential character, amenity offerings, and overall appeal for buyers, sellers, renters, and investors.

As the Australian property landscape continues to evolve, so does the rental market, with CoreLogic's latest data revealing significant shifts in median rent values nationwide. According to their recent report, the national median rent has surged to $601 per week, marking a series high and reflecting a remarkable increase from $437 per week just over a year ago. This translates to a median annual rent of $31,252, a figure that underscores the growing challenges of rental affordability for prospective tenants