Housing rental prices

Australia’s most expensive capital cities to rent a home revealed

PHOTO: Canberra tenants are facing the highest rental costs in the country. Daily Mail

Housing rental prices have reached record highs in multiple Australian capital cities, with Canberra tenants facing the highest costs in the country.
According to the Domain Rent Report released today, Canberra tenants coughed up a mega $600 in weekly rent for houses in the latest quarter and $500 for units.
Housing rentals in Sydney remained at a high of $550 per week, $20 more than the asking price in March last year. The weekly rent for units remained at $470, which is $60 less than this time last year.
Sydney units recorded the steepest annual fall since Domain records began in 2004. Overall, the harbour city was tied in second place for highest rental prices with Darwin, followed by Hobart in third at $480.

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