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Navigating Australia's Dynamic Rental Market: Insights from a Seasoned Real Estate Agent
As the real estate landscape continues to evolve, it's essential to stay abreast of the latest trends shaping the market. According to recent data from CoreLogic's hedonic rental index, April saw a notable uptick in rental prices across Australia's combined capital cities. Regional areas experienced a modest increase of 0.5%, while the combined capital cities witnessed a more substantial 1.1% rise. Notably, unit rentals surged ahead, outpacing the growth in house rentals.