REX: Real Estate Exchange

Monitor the Australian Residential Property Market

Darwin is priciest city to rent a house

Author: Eoin Blackwell Source: AAP
Thursday 27th January 2011

Darwin is now the most expensive Australian city in which to rent a house, after rents grew by 4.2 per cent in capital cities in 2010.

The RP Data Rental Review for the December quarter of 2010 showed the median rent for a house in Darwin was $520 per week, followed by Canberra at $490 and Sydney at $430.

Adelaide claimed the title as the cheapest place to rent a house, with a weekly median of $325, followed by Hobart at $335. [More]


Tags: Rent

Other News

 

NSW Property Sales Figures

Sep 2011 - Nov 2011 (Interim Release)

Click on a Region to view sales statistics for the region

RegionNr SalesMedian SaleProperty Price Index
Central-West989$235,0004.44%$234,2292.11%
Coffs Harbour210$332,5001.76%$314,3640.33%
Far West70$113,500Steady Insufficient Sales
Gosford-Wyong1547$340,000Steady $352,9802.07%
Hunter544$308,0002.67%$309,2415.29%
Illawarra619$330,0000.75%$337,0690.76%
Mid-North Coast594$250,0003.85%$255,1531.91%
Murray394$195,000Steady $196,7580.44%
Murrumbidgee492$210,0000.47%$221,1662.21%
Newcastle2387$335,0000.59%$342,5120.54%
North690$204,7502.38%$260,9751.85%
North-West359$170,000Steady $194,6841.89%
Outer South-West Sydney1041$350,0000.03%$361,1730.22%
Outer West Sydney1386$355,000Steady $367,1120.29%
Port Macquarie318$335,0001.47%$345,5652.03%
Richmond-Tweed451$340,0002.86%$357,3090.02%
South-East967$290,0001.75%$292,8740.31%
Sydney13281$521,0001.70%$554,1910.50%
Tweed259$395,0000.94%$371,5331.16%
Wollongong995$370,0001.33%$386,1962.28%

*Median and Index calculations based on data available as of 25/01/2012.