Brisbane Times
·general
·2 hours ago
‘Extreme mismatch’: Sydney rents at record highs, pushing tenants further out
Sydney's rental market hit record highs in the March quarter, with median house rents at $800 per week and unit rents at $750. A vacancy rate of just 0.8 percent indicates a severe supply shortage, pushing tenants to downsize or relocate further from the city. Experts warn that continuous rent increases are likely amid high demand for limited housing options.
Summary by Glance · Brisbane Times
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