Further cementing its position as the most expensive rental market in the country, Canberra reported the strongest growth in rents across the capitals in the first quarter of 2022.
CoreLogic's quarterly rental review, released Wednesday, revealed the median rental value for a Canberra dwelling is now $674 per week.
It follows a quarterly rise of 3.3 per cent and represents an average rent rise of $21 per week. It was the highest growth rate amongst the capitals and surpassed the national rental growth rate, which was 2.6 per cent for the quarter.
