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Australian renters facing biggest rent hikes in 12 years, amid surging house prices – ABC News

Australian tenants are experiencing their biggest annual rent increases since 2009. Canberra was the most expensive rental market,…

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Australian tenants are experiencing their biggest annual rent increases since January 2009, during the global financial crisis.
Key points:

  • Canberra is the most expensive city for rentals
  • Rent in regional areas surged over 11 per cent, its sharpest annual…

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