Rent data · NSW and Queensland
Rent changes by postcode, a year on
How the median rent of new leases changed between the same months a year apart, for the same kind of home in the same postcode. From the bond data NSW Fair Trading and Queensland's Residential Tenancies Authority publish, with the number of leases behind every figure.
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What a change here means
- Each change compares the median weekly rent of new leases for one kind of home in one postcode, in the same months a year apart.
- It isn't the increase any tenant received: different homes are leased in each period, and the rents of tenants who stayed aren't in these figures.
- A postcode is listed only when both periods have at least 50 new leases of that kind of home, so a handful of leases can't swing it. Falls are listed as well as rises, in postcode order.
Asking rents and new-lease rents
Listing sites report asking rents: the prices in advertisements, often for the latest weeks. These figures are the rents agreed in new leases, from the bonds lodged with each state's bond authority, published some weeks after each month (NSW) or quarter (Queensland). The two measure different things, so they can move differently.
How the figures are made
- NSW: NSW Fair Trading publishes the bonds lodged each month, each with its weekly rent, postcode, dwelling type and bedrooms. We take the bonds for the three months, and a postcode's median for a kind of home is the middle weekly rent of those bonds (the average of the two middle rents when there's an even number), to the cent.
- Queensland: the RTA publishes each quarter's median weekly rent and number of new bonds by postcode, dwelling type and bedrooms. We use its figures as published.
- The two states are separate series, made differently: compare postcodes within a state. Nothing here is a state or city average.
- The change is the later median against the earlier one, from the medians as published or calculated, to the cent. Rents are weekly. Units are flats and units, and houses are houses. Townhouses are in neither (in NSW, the same group also holds terraces and semi-detached homes).
- Suburb names are up to three of the suburbs that lie (almost) wholly in the postcode, by the ABS boundaries, most populous first.
Method · Data sources and licences · NSW rents by postcode · QLD rents by suburb