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Pedestrian.tv
Pedestrian.tv
National
Aleksandra Bliszczyk

Here’s How Much Aus Rents Rose In The Past Year — Syd Prices Rose $28 Literally Last Week Alone

Sydney Australia
New data released on Tuesday revealed just how much rents have risen in each Australian capital city and ooft, my condolences to Sydneysiders who’ve unsurprisingly been ripped off the hardest. The latest SQM Research Weekly Rents Index data showed Sydney rents have risen 23.7 per cent in the past 12 months and 4.2 per cent in the past week alone. The median combined cost for houses and units is now $666.41 a week, which is $28 more than last week. I’m sorry, but this is fucking dire.

If you live in Sydney’s CBD, the median unit price rose 30.1 per cent from 12 months ago to $847.52 a week. And if you live in an actual house the median rent went up 44.4 per cent in the same period. The median Sydney house rent is … *deep breath* … $1,273.67 a week. FFFFFFFFUUUUCCCCKKKK.

house prices dropping in most capital citieshouse prices inflated so much over lockdownsrental vacancy rate in Australia reached a record low in Augustit’s become a landlords’ marketfreeze rents for two yearsit has infamously refused to do time and time again

The post Here’s How Much Aus Rents Rose In The Past Year — Syd Prices Rose $28 Literally Last Week Alone appeared first on PEDESTRIAN.TV .

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