CBA sees Australia rental market staying tight as housing backlog persists

• Commonwealth Bank analysis flagged Australia’s rental market as tight for several years due to a persistent housing backlog.
• National vacancy rate about 1.8% versus a 2015-2019 average near 2.8%; advertised rents up 5.7% across eight capitals.
• Vacancy rate forecast to edge up to about 2% by end-2027, still below pre-pandemic norms; rent growth seen moderating gradually.
• ABS CPI rents rose 3.6% in the 12 months to August 2026; seen near 4% during 2027, easing toward 3.5% by end-2028.
• Tax changes from July 2027 expected to have a small direct impact on rents; yields seen rising from 3.75% to about 4.5% by late 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Commonwealth Bank of Australia published the original content used to generate this news brief on October 01, 2026, and is solely responsible for the information contained therein.