Australia · data to Aug 2026

How are rents?

Mixed.

Rents are rising 3.6% a year, faster than usual.

For context: 3.6% is around the middle of all 276 figures since 1973.

Rents, year on year

Annual change in rents paid by households

-4%-2%0%2%4%6%8%10%2010201520202025Peak 8.4%Now 3.6%
-4%-2%0%2%4%6%8%10%20102020Peak 8.4%Now 3.6%

The strip under the chart shows the verdict each period would get by today's rules:Good Mixed Bad

See the latest numbers
Rents, year on year, most recent first
PeriodValueVerdict
Aug 20263.6%Mixed
Jul 20263.6%Mixed
Jun 20263.6%Mixed
May 20263.6%Mixed
Apr 20263.5%Mixed
Mar 20263.7%Mixed
Feb 20263.8%Mixed
Jan 20263.9%Mixed
Dec 20253.9%Mixed
Nov 20254.0%Mixed
Oct 20254.2%Mixed
Sep 20253.8%Mixed

Download the full series (CSV)

Source: ABS, Consumer Price Index, Australia (rents, annual % change); history.csv for earlier years · Series ABS CPI 3.115522.10.50.M; before Jul 2023, CPI_M 3.115522.10.50.M and quarterly A2331876F · Latest Aug 2026

How we judged this

What we test: The latest figure (rents, year on year). Right now that's 3.6%.

  1. Good if under 3.0%
  2. Mixed if from 3.0% to under 5.0%applies now
  3. Bad if anything the rules above don’t cover

Rules are checked from the top. The first one that fits decides the verdict.

Read the full method

About this data

Measure
Rents, year on year
Latest
3.6% (Aug 2026)
Published
Monthly, by ABS
Verdict counts for
Equal weight with the others in the overall verdict

Rents paid by tenants across the eight capital cities, as measured in the CPI.

Figures before September 2018 are quarterly, not monthly. We calculated them from the ABS's quarterly CPI rents index (Table 18 of the Consumer Price Index release) as the change on the same quarter a year earlier, so they can differ slightly from figures the ABS publishes. September 2018 to mid 2023 comes from the ABS's Monthly CPI Indicator, which has since been replaced. Where the series overlap they agree to within about 0.1 points on average.

Download the data (CSV)

The rest of the picture