The hype over the recent increase in rents should start to level out as more units are coming on the market for rent in the CBD area. Wentworth Mutual managing director Tony Warrenn said the Perth rental market had been very tight until four or five weeks ago.
"There are a lotmore properties available than there were earlier this year," he said. "It is still a tight market in the $180ntob $350 a week bracket. There is not a lot of stock available in the $750 a week bracket but from $350 to $650 a week there is a lot more stock."
source: The West Australian Real Estate Saturday 8th July (Natasha Granath)