The Age
·general
·2 hours ago
‘Extreme mismatch’: Sydney rents at record highs, pushing tenants further out
Sydney's rental prices have surged to record highs, with a house median asking rent reaching $800 per week, according to the latest Domain Rental Report. A low vacancy rate of 0.8 percent suggests further increases might occur. Tenants are increasingly forced to downsize or relocate due to soaring costs and limited available properties.
Summary by Glance · The Age
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