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Nationally, rents increased 4.3 percent in a year up to the end of September. The median rent in Sydney is $807 per week, compared to $615 in Melbourne.
The month-over-month figure represents a significant reversal from July’s 0.4 percent decline and exceeds the consensus estimate of a 0.3 percent increase.
Nationally, rents increased 4.3 percent in a year up to the end of September. The median rent in Sydney is $807 per week, compared to $615 in Melbourne.
The month-over-month figure represents a significant reversal from July’s 0.4 percent decline and exceeds the consensus estimate of a 0.3 percent increase.