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The Canberra Times
The Canberra Times
Jen Melocco

Latest rent rise, sees $127 per week hike since COVID onset

Kaytlin Ezzy

The share house may be on the rise as rents rise once again, according to a national property forecaster.

National rents are now 27.4 per cent higher since the onset of COIVD, equivalent to a $127 per week increase on the median dwelling rent in Australia, following the latest rises outlines in the CoreLogic Quarterly Rental Review.

This included the latest rise of 2.5 per cent on the median national rent for a dwelling, including both houses and units. This brings the median national rental to $589 a week.

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