Rental market: Change in rental prices - CPI
The Australian Bureau of Statistics (ABS) publishes quarterly consumer price index (CPI) data, which measures household inflation and includes statistics about price changes for categories of household expenditure.
The Rents series in the CPI reflects changes to actual rents paid, rather than advertised rental prices. Data are derived from approximately 480,000 rental properties across all capital cities. The Rents series prior to July 2022 was measured using a survey of approximately 4,000 rental properties collected directly from real estate agents.
Data for advertised rental prices, sourced from CoreLogic, are included in the following dashboard menu option: Australian property value.
See ABS - Consumer Price Index, Australia (www.abs.gov.au/statistics/economy/price-indexes-and-inflation/consumer-price-index-australia/latest-release) for further information, including in-depth commentary and analysis, in particular the source data Quality Declaration. Source references: Data Downloads, tables 9, 10, 11.