Average Rent Increase 2025

Average Rent Increase 2025. After declining since q1 2022, national rents are increasing once again, reflecting the end of oversupply conditions in most markets. Australia’s rental market tightened considerably in 2022 with rents growing 13.4% y/y nationally.

Typically, the average rent increases annually. Gen zers, on the other hand, are most concerned about rent costs, with 58% of gen z renters seeing a rent hike in 2024, averaging $53 per week or $230 per month.