The Wrap Up
Digital property inspections in June show interstate demand declining to 24.8% (-3.2%), while international interest dropped to 9.8% (-1.7%) compared to May, showcasing a cooling in remote rental activity across most markets.
Here’s how each region performed:
- Sunshine Coast: Interstate inspections eased to 19.3% (-0.7%), showing a gentle decline from May’s figures. International interest moderated to 7.7% (-0.9%), while maintaining steady engagement from overseas renters.
- Gold Coast: Interstate demand softened to 23.8% (-1.4%), with renters from other states still showing solid interest in the region. International inspections declined to 6.1% (-0.5%), though the area continues to draw renters looking outside their home countries.
- Brisbane: Interstate inspections grew to 24.7% (+2.1%), reaching the highest level in recent months and showing strong momentum. International interest adjusted to 6.2% (-2.2%), settling after May’s elevated activity.
- Melbourne: Interstate demand normalised to 19.0% (-22.1%), returning to more typical levels after May’s exceptional 41.1% spike. International inspections settled to 3.3% (-11.9%), suggesting the market is finding its natural rhythm after unusual volatility.
- Perth: Interstate inspections held steady at 19.1% (-0.5%), showing consistent appeal to out-of-state renters. International activity grew to 12.9% (+1.3%), highlighting Perth’s strengthening position with overseas renters.
- Sydney: Interstate interest remained strong at 27.8% (-1.0%), continuing to lead nationally in attracting out-of-state renters. International inspections moderated to 14.1% (-1.9%), while maintaining Sydney’s position as the top choice for overseas renters.
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