Insights from Director Fiona Gibbs
“Inland regional cities are seeing a noticeable shift in rental trends,” says Fiona Gibbs, Director. “According to the latest data from Housing NSW Rental Bond Lodgments, the average median rent increase across six major inland cities has halved over the past three years.”
In the year to March 2025, the average annual rent increase was 6.29%, down from 12.83% in March 2022. This broad measure reflects changes across all four rental categories and highlights a cooling trend in the rental market.
Here’s how the annual average median rent increases have tracked over the past four years:
- March 2022 – 12.83%
- March 2023 – 7.43%
- March 2024 – 3.98%
- March 2025 – 6.29%
“The March 2022 quarter marked the final period before interest rate hikes began in May 2022,” Gibbs explains. “By March 2024, rent growth had reached its lowest point, coinciding with peak cost-of-living pressures and high interest rates.”
This data provides valuable insight for investors and renters alike, as market conditions continue to evolve across regional NSW.
Source: Fiona Gibbs, Bob Berry Real Estate Director Property Investor Services using data from Housing NSW Rental Bond Lodgments.