Perth rents rise fastest as housing supply dwindles

Rents in Adelaide and Darwin rose by 1.2 and 1.1 per cent, while in Canberra and Hobart the average dropped by 2.4 and 2.8 per cent.

Urban Development Institute of Australia chief executive Tanya Steinbeck said WA needed 20,000 more homes to meet expected housing demand over the next three years.

“State and federal governments play a critical role in supporting and encouraging key partnerships to deliver much-needed housing supply,” she said.

Community housing organisations, state and…