Australia: Capital city rents edging lower in Australia

Realopedia Global Real Estate Portal

"Rents in capital cities in Australia increased slightly by 0.1% in April, but overall rental rates edged lower and have now fallen by 0.2% over the past 12 months. This takes the average rental rate to $490 a week for houses and $467 a week for units across combined capital cities, according to the data from the latest CoreLogic monthly rental review report. "

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Source : Australia: Capital city rents edging lower in Australia