The rental prices in parts of Australia are on track to visit almost a quarter in just a few years, so that tenants pay the jaw paying amounts.
The range of apartments that does not keep track of population growth would spend more than $ 1000 a week on apartments with two bedrooms by 2030, according to new data from the vacancy of CBRE and the prospects of the apartment.
The report states that by the end of the decade the rental shortages in the largest cities in Australia will see falling drastically and prices will increase by an average of 24 percent for our capitals.
The result will be one in three apartments with two beds that rents out for more than $ 1000 per week, with 92 percent of two bedrooms that predicted that the rents of more than $ 700 a week have.
Projected two bedrooms apartments over time until 2030 in the capitals of Australia. Source: CBRE Apartment Vaction skills and Rent Outlook.
However, the report showed that it was still cheaper to rent than buy, with monthly rents 30-40 percent cheaper than alternative purchase options at current prices.
In addition to being more expensive, the report projects that the rental market in the capitals of Australia is becoming more competitive.
CBRE expects that the national capital city of the vacancy of the city will fall to 1.1 percent in 2030 to 1.1 percent, from 1.8 percent in 2025.
This is largely due to the fact that, according to the report, the apartment supply has not kept up to the question.
MORE: Aussie’s cunning boat hack to escape from rent
The vacancy rate of Brisbane is expected to fall to the lowest ever in 2030. Image: Istock.
Parramatta is one of the 160 suburbs in Sydney, Melbourne and Brisbane where tenants surpass the owners. Image: delivered.
CBRE claims that every year from 2025 to 2030 about 60,000 apartments will be delivered, while the predicted population growth of Australia requires an apartment of approximately 75,000 a year to prevent further decrease in vacancy.
According to the report, the vacancy rates in Sydney, Melbourne and Brisbane will take important hits.
MORE: Parent movement movement of ugly disputes about brothers and sisters
The report claims that it is still cheaper to rent than to buy an apartment with two bedrooms. Source: CBRE Apartment Vaction skills and Rent Outlook.
The vacancy of Brisbane is expected to fall to 0.7 percent in 2030, equal to the lowest recorded in May 2022.
It will be a challenge, especially for residents in 160 suburbs in Sydney, Melbourne and Brisbane, where tenants surpass the occupiers of the owner.
In Parramatta, Waterloo, North Sydney, Collingwood, Parkville, Fitzroy, Spring Hill, Newstead and St. Lucia, tenants form more than half of the inhabitants, according to CBRE’s report.
MORE: Unveiled: the cities where house prices will rise by 2026
CBRE Pacific Head of Research Sameer Chopra.
On the other side of the coin, these figures suggest a strong period of demand and rental income for apartment investors.
CBRE’s Pacific Head of Research Sameer Chopra said that apartment values have not held the construction costs equal in the past five years, making the existing shares of apartments an “attractive market” for investors.
“CBRE expects apartment values to accelerate from 2025, because consumers adapt to a higher income, low delivery and scope for falling interest rates,” he said.
“From the investor market we see a growing share switching to the Institutional Build-to-To-Rent (BTR) sector. And in the coming five years, Institutional BTR (Will) includes around 10 percent of the new apartment, equal to around 6,000 apartments per year.”
Projected vacancy percentages by 2030
| City | Current vacancy (percent, 2025) | Projected vacancy (percent, 2030) |
| Sydney | 2 | 1.2 |
| Melbourne | 2.1 | 1.4 |
| Brisbane | 1.1 | 0.7 |
Source: CBRE Apartment vacancy and rental outlook (September 2025).
#Unveiled #Aussie #tenants #pay #realestate.com.au