Good news if your lease is up – rents are in free fall and like to continue to plunge

Rental prices set to plunge

Rents, especially in Australia’s capital cities, are falling, with home rentals down 2.4 per cent down and units down 1.1 per cent for units overall. Prices for houses in Sydney dropped 5 per cent, Hobart 4.2 per cent and Melbourne saw rents drop by 2.6 per cent. A two-bedroomed unit across the road from Bondi’s […]

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