Australian median rent hits new record with Adelaide rental prices equal to Melbourne
Australian median rental prices have hit new records, with the average dwelling costing $601 per week or $31,252 annually. Nationally, rental prices increased 8.3 per cent between January and December 2023, CoreLogic’s latest report found. It said the increases have averaged 9.1 per cent for the past three calendar years, whereas the annual growth rate … Read more