$1,626pw Median Rental Price, Waverton Houses $898pw Median Rental Price, Wollstonecraft Apartments $816pw Median Rental Price, Waverton Apartments $1,273pw Median Rental Price, Wollstonecraft Houses However, niche areas like Waverton houses are still seeing notable increases, with rents rising by 15.5%, now sitting at $1,626.44 per week. In contrast, unit rents in the area have softened, falling by 5.2% to $816.30 per week. Similarly, in Wollstonecraft, unit rents have dropped by 5.3% to $898.64, while house rents have also seen a slight decrease of 0.7%, bringing the weekly rent to $1,273.35. Despite these fluctuations, landlords are still achieving positive returns, although rental yields have steadied in recent months after a period of rapid growth. Looking ahead to 2025, the outlook remains optimistic. Historical market trends indicate that the first quarter of the year typically shows signs of buoyancy, suggesting that the rental market will continue to be resilient, providing ongoing opportunities for landlords and investors. The rental market has experienced a period of stabilisation after a year of significant growth. Over the past 12 months, we’ve seen most segments of the market level out as the market adjusts to shifting conditions. With Martha Willder Rental Market Update. Martha Willder New Business Manager 0422 378 865 martha.willder@belleproperty.com
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