It is fairly well known that over the past decades, home ownership rates have fallen, while the proportion of Australians renting has increased. This shift has also seen changes in the dwelling stock composition of Australia, with an ever-increasing share of households living in apartments and medium density dwellings as apartments are relatively more affordable and often in more desirable locations.Today, we wanted to dive deeper into the data to reveal the factors affecting rental rates across the country. Those familiar with the metropolitan areas of Australia are likely aware of the impact of the property investment industry, rising living costs and the need for…