Some cities such as Perth are experiencing extremely outsized growth, while others have significantly underperformed the national rate of growth. · CotalityAs the chart illustrates, growth in Melbourne's rents is significantly smaller than all its major city rivals, which begs the question, why? · ABSWith significantly greater levels of new supply than the national average, this has helped to somewhat mitigate the upward pressure on rents. However, this is more of a case of having a less acute rental crisis, rather than no rental crisis at all. As of the latest figures from property data provider SQM Research, the vacancy rate for Melbourne is 1.6 per cent, far below where it was prior to the pandemic.