Australian Property Updates

Property Information & Real Estate Updates

Daily Archives: 27/04/2011

Rental Crisis

According to recent research by RP Data, Australian capital city property rents are increasing even faster than the property prices. Housing shortage is the main reason for this increase. Rentals will continue to increase even further unless sufficient residential housing becomes available to meet the growing demand. Darwin and Melbourne experienced the most significant increases in rents, with the average ...

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