* The median rent for a house in Perth is $425p/w * Median unit rentals are $400p/w * Rents have increased 10% in past year * Current vacancy rate is 1.6% * Median rents have jumped $150 in 10 yrs * WA has the fastest growing population in the country, increasing by 2.6% 60,700 in the year to Sep 2011
Despite the shortage, REIWA said it expected the rental crisis to ease this year as more people decided to buy their own home and investors bought property to cash in on high rental rates.
