Canberra’s rental prices increased slightly over the quarter, yet remain unchanged since March 2023, according to the PropTrack Market Insight Report.
Despite rents in the ACT declining during 2023, Canberra remains Australia’s second-most expensive capital city in which to rent, according to CoreLogic’s Rental Market Update released today, 23 January.
Canberra remains Australia’s most expensive capital city in which to rent a house at a median cost of $690 per week, ahead of Sydney on $660, according to the Domain Rent Report March 2023 Quarter released today.
Holt in Belconnen and Pearce in the Woden Valley are the two top ACT suburbs with the biggest increase in weekly asking rents in the past 12 months, according to the Domain Rent Report March 2023 Quarter released today.