Tag: Australia housing market
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Australian Rentals Surge: Prices Up Nearly 44% in Five Years as Listings Dry Up
Rising Rents and shrinking vacancies: the national picture Renters across Australia are feeling the pressure as core rental costs climb to new highs. Cotality’s Quarterly Rental Review shows that the median weekly rent in capital cities has surged by 44 per cent over five years, reaching more than $700 per week for the first time.…