Rental Sight Unseen Report | May 2025

In May, interstate rental demand stayed steady at 26.2% (+0.4%), while international interest bounced back to 11.1% (+2.0%), hinting at a fresh surge in global renter activity.

Here’s how each region shaped up:

• Sunshine Coast: Interstate demand slipped to 20% (-4.8%), but international interest rose to 8.6% (+3.4%), reflecting renewed offshore curiosity.
• Gold Coast: Interstate demand climbed to 25.2% (+4.1%), rebounding from April. International interest dipped slightly to 6.6% (-1.0%).
• Brisbane: Interstate demand grew to 22.6% (+3.6%), with international interest edging up to 8.4% (+0.2%), showing consistent appeal across both markets.
• Melbourne: Interstate demand soared to 41.1% (+7.7%), holding its top spot nationally. International interest also ticked up to 15.2% (+0.7%), continuing its strong upward trend.
• Sydney: Interstate demand held firm at 28.8% (-0.6%), while international interest rose to 16.0% (+2.6%), highlighting broad domestic and global appeal.
• Perth: Interstate interest dropped to 19.6% (-7.5%), but international demand rebounded to 11.6% (+5.9%) after April’s steep decline.