Perth Rent Up Again $470 pw

REIWA has just released figures that show a $20 increase in rent per week in Perth in the last three months to February which is a 4.4% rise to a median rent of $470 per week. Houses have increased to $480 / week and apartments / villas increased $30 to $450 per week. This is despite the vacancy rates improving by 0.1% to 2.0%.