Perth remains the cheapest capital city to rent (Domain)

Perth remains the most affordable capital city in the nation to rent a house or a unit, a new report shows.

The city’s median weekly asking rent during the March quarter increased 1.4 per cent to $365, a 2.8 per cent rise year-on-year, according to the latest Domain Rental Report, released on Thursday.

For units, median weekly rents remained unchanged during the quarter, and year to March, at $300 per week.

The CoreLogic Quarterly Rental Review recorded 1.8 per cent growth in Perth’s median weekly rent to $385, marginally cheaper than Adelaide at $386 per week.

Over the past 12 months Perth rents have increased 2.1 per cent and it was second only to Hobart in terms of growth


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Source: https://www.domain.com.au/news/perth-remains-the-cheapest-capital-city-to-rent-a-house-new-data-shows-817691/



Marlene Liontis
Wednesday, 8 May 2019

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