Apartment rents jump 29pc in inner Melbourne - The Australian Financial Review

Residential rents have surged to record high levels across most capitals in the past 12 months with apartments in Docklands and Southbank in Melbourne jumping more 29 per cent as strong demand outpaces dwindling supply, data from CoreLogic shows.

Additionally, as overseas migration normalises, its reasonable to expect a large portion of this demand will flow into the inner-city unit sector where rents are already rising rapidly. Marcel Dybne… [+3137 chars]

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