Sydney sees 62.5 percent rent surge in Gosford amid record low vacancies

Rents in parts of Sydney are surging, with Gosford witnessing a 62.5 percent increase for units over five years, reaching $650 per week. Vacancy rates have hit record lows, prompting some residents to consider moving in with parents to save costs. Experts warn that the city's rental crisis is far from over, with many facing ongoing affordability challenges.

Summary by Glance · Brisbane Times