Technology
Rents in Australia are rising again, with tenants in some cities paying up to 12% more this year – Business Insider Australia
Almost 12 months after it began, rental markets appears to have largely shaken off the ill-effects of the pandemic for now.
- Australia’s rental markets are becoming increasingly expensive again, as vacancy rates fall across the country.
- Perth tenants are now paying 12% more than they were 12 months ago, while Darwin houses cost almost $130 more per week.
- Sydney and Melbourne are the only cities in the country with higher vacancy rates than before the pandemic, with rents still well-below January 2020 prices.
- Visit Business Insider Australia’s homepage for more stories.
Almost 12 months after it began, rental markets appears…
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