Powered by MOMENTUM MEDIA
Powered by MOMENTUM MEDIA
SUBSCRIBE TO OUR NEWSLETTER SIGN UP
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Rents increase rapidly

Staff Reporter 1 minute read

Rents are increasing at rapid rates throughout the country, with the nation’s capital now the most expensive location for renters.

Advertisement
Advertisement
RP Data yesterday revealed that lack of supply of rental accommodation had resulted in rents increasing by at least 13.5 per cent, and as much as 36 per cent in just two years.

The highest median rental rates in the nation are in Canberra at $440 per week. Darwin is close behind at $420 per week, followed by Sydney at $400 per week.

Published: 20-03-08

Rents increase rapidly
default
TheAdviser logo
default

TODAY'S POLL

View results >

Who do you aggregate through?

Thank you for your vote, you can see the results here.

more from the adviser
question mark 850 Brokers reveal which lenders are leading the way

The results are in for the Third-Party Lending Report 2020, revea...

board room office ta Lender revamps broker team

A low-deposit mortgage lender has announced changes to its third-...

build SMEs showing greater resilience to COVID-19

Businesses with an annual turnover of less than $200,000 have far...

FROM THE WEB