Canberra rents peak at an all time high


Canberra is poised to overtake Hobart as the least affordable rental market in the nation, with Canberra’s weekly asking price for rent rising to $550, on par with Sydney, according to Domain’s Quarterly Rental Report. Rents for units in Canberra have peaked at an all time high, recording the second highest growth, behind Hobart, in both the housing and unit market.

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