Domain Rent Report: Sydney rents at record highs - Sydney Morning Herald

Despite holding steady at a record median $600 for the March quarter, Domain’s latest Rent Report shows house rents in Greater Sydney were up 9.1 per cent for the year.

Vacancy rates are dropping like a stone in both Sydney and Melbourne and thats driving rental growth, ANZ senior economist Felicity Emmett said. Sydneys previously elevated vacancy rate had quickly … [+3732 chars]

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