The Epoch Times
The Epoch Times
AD
The Epoch Times
Support Us
Australia News

Rents in Australia Rise 44 Percent in 5 Years as Vacancy Rate Hits Record Low

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.
Rents in Australia Rise 44 Percent in 5 Years as Vacancy Rate Hits Record Low
A general view of housing in the suburb of North Sydney, Australia on June 28, 2024. Lisa Maree Williams/Getty Images
Monica O’Shea
Monica O’Shea
10/8/2025|Updated: 10/8/2025
0:00

Rents across Australia have soared by nearly 44 percent in the last five years, according to a new report.

The Cotality National Rental Value Index, released on Oct. 8, showed national rents rose 4.3 percent in the year up to September to an average of $672 a week, including both capital cities and regional areas.

Monica O’Shea
Monica O’Shea
Author
Monica O’Shea is a reporter based in Australia. She previously worked as a reporter for Motley Fool Australia, Daily Mail Australia, and Fairfax Regional Media. She can be reached at monica.o'[email protected]
Author’s Selected Articles

Jacinta Price Asks Sussan Ley to Take Action on Internal Liberal Party Leaks

Oct 08, 2025
Jacinta Price Asks Sussan Ley to Take Action on Internal Liberal Party Leaks

Left-Leaning MPs Express Concern at Launch of Turning Point South Australia

Oct 07, 2025
Left-Leaning MPs Express Concern at Launch of Turning Point South Australia

Melbourne $15.5 Billion Metro Tunnel Set to Open Early Despite Firefighter Union Safety Concerns

Oct 07, 2025
Melbourne $15.5 Billion Metro Tunnel Set to Open Early Despite Firefighter Union Safety Concerns

Victorian Businesses Argue Work From Home Legislation Is Not Needed

Oct 07, 2025
Victorian Businesses Argue Work From Home Legislation Is Not Needed
Add to My List
Save
The Epoch Times
To ensure we reach the high standards of reliability and neutrality that you expect from us, we are engaging with Ad Fontes Media to analyze our content. If you find an article you think falls short of the standard, please submit the link through this form.
Copyright © 2000 - 2025 The Epoch Times Association Inc. All Rights Reserved.