Original article by Kylar Loussikian
The Australian – Page: 8 : 7-Nov-14
RP Data has issued its latest figures on residential rents in Australian state and territory capital cities, showing an increase of 1.8% for the 12 months to November 2014. The average per annum over the past half-decade by comparison is 3.8%, and the current CPI rate 2.5%. One factor is the ample supply of apartments, as new projects are completed. Perth has suffered a decline of 3.1%. Meanwhile rental yields have fallen to 3.3% in Melbourne and 3.7% in Sydney
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