Australia Rental Market 2019 to 2025

Introduction

• Australia’s rental market changed significantly between 2019 and 2025.

• Key drivers: housing supply, economy, COVID-19, population growth, etc.

• compare median weekly rents from April 2019 to April 2025 across 8 states.

• Focus on regional variation and rent increases over time

Interactive Line Plot

Insights from the Interactive Line Plot

• Median weekly rent has generally increased across all states from 2018 to 2025, with a noticeable upward trend starting from around 2022.

• NSW and ACT consistently remains a high rent levels and NSW reaching the highest rent - 650 AUD/week around 2025

• WA shows a steepest upward trajectory starting 2021

Interactive Map plot

Insights from the Interactive Map plot

April - 2019

• NSW and ACT had the highest median weekly rent($480), followed by NT($430), VIC($385)…

• TAS had the lowest weekly rent($270)

April - 2025

• NSW still has the highest median weekly rent($650), followed by WA($613), ACT($595)…

• Surprisingly, WA has raised to the 2nd highest median weekly rent

• TAS maintains the lowest weekly rent($420)

Differences

• WA has the biggest change - increased $263 (+75%)

• Although TAS still has the lowest weekly rent, it has 2nd highest percentage of change in Rent - increased $160(+59%)

References

Latest insights into the rental market. (2025). Australian Bureau of Statistics. https://www.abs.gov.au/articles/latest-insights-rental-market

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