Melbourne apartment rents are rising faster than house rents in 114 suburbs, as a $382,000 price gap pushes more buyers towards units and townhouses.
Melbourne’s apartments, units and townhouses, long treated as the cheaper Plan B for buyers priced out of houses could be the surprise winners of rising rates and government tax moves.
A $382,000 gap between the city’s houses and its apartments has the latter expected to catch the eye of increasingly budget-conscious buyers into the future.
Nuestar and Hotspotting analysis of PropTrack…
