09 Sep
Our latest data reports reveal market resilience as we head into the spring selling season.
For the first time, REIP has access to national appraisal and inspection activity. Aggregated industry data revealed that more than 89,000 enquiries and over 120,000 inspections were recorded over the last month, 4.7% above the preceding 60-day average.
Appraisal activity was softer, with 11,852 appraisal events recorded during the latest 30 days – approximately 24% lower than the preceding 60-day average. This is an important indicator to monitor as appraisals give us an early view of future seller intentions.
REIP data reveals that advertised sales stock increased 2.7% nationally from July to August, adding more than 5,000 properties to the market. There was significant variance across the states, with advertised stock increasing by 5.5% in Queensland and 1.6% in NSW, while Victorian levels remained virtually unchanged.
The latest enquiry data from Propic also reflects considerable variance across different state enquiries per listing. The overall picture is positive though, with buyers responding to the increased availability of stock: nationally, properties averaged 5.8 enquiries per listing over the 30 days to 3 September, with the most recent national seven-day measure increasing from 2.9 to 3.1 enquiries per listing.
Each local market is facing different conditions and drivers, and the businesses that stand out will be those that can interpret what is happening locally and use that knowledge to help their communities make better decisions.
In the next podcast episode of Behind the Numbers, REIP CEO Sadhana Smiles will unpack the latest data with Economist Cameron Kusher; including what the numbers are telling us; how useful some of the figures are as market indicators; what’s driving the geographic divide across the states; and the indicators we should be watching next.
New data reveals the full-year picture of shifts and trends across the Victorian rental market
New data from REIP partner Dynamic Methods gives us a 12-month view of Victoria’s rental market. Victoria’s advertised rents eased in the latest reporting period, but annual rental growth remains positive.
One of the most significant shifts that emerged over the year is rental arrears. Arrears accounted for 52.5% of monthly notices in July 2026, rising from under 25% in December 2025.
House renters are more exposed to arrears, while unit renters are more likely to receive notices connected with selling, lease expiry or the owner moving in: overall, rental provider decision-based notices rose from an average 33.9% between August and December 2025 to 42.5% for the period January to July 2026. March 2026 saw a peak in landlord-to-sell notices, suggesting the Victorian rental reform introduction may have contributed to the spike.
Rents across the state have continued their steady climb, with median weekly rent increasing 4.36%, from $490 to $511.38 over the year. By July, median house rents had reached $550 per week, while units reached $531.46. The data also tells us that advertised rents in Greater Melbourne sit above the rents paid by existing tenants following a rent review, with a wider gap for units.
Taken together, the data provides important considerations for Victorian property managers and points to a rental market experiencing considerable pressure; higher rents, rising arrears and significant activity.
Who’s looking after the people behind Property Management?
Property Management is tough.
The pace is relentless. Expectations are high. Change is constant. Property Managers spend their days solving problems, managing conflict and carrying an enormous amount of responsibility.
So, who is looking after them?
That’s the focus of PM Reach 2026, where REIP CEO Sadhana Smiles will open Day One with The Real State of Wellbeing in Property Management.
Sadhana will share findings from REIP’s confidential industry wellbeing survey and explore what people in the sector are really experiencing. She’ll also share what leaders and businesses can do about it.
Because we can’t keep asking people to simply cope better with an increasingly challenging industry. We need to talk about burnout, boundaries, resilience, leadership and how we create careers and workplaces that are sustainable.
PM Reach 2026 will be held 7-9 October at Waurn Ponds Estate, Geelong.
REIP members and community can use code REACH26 for 10% off tickets.
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